When people talk about their plans to achieve financial independence, eliminating debt is inevitably one of the items on their to-do list. It makes complete sense when you think about it. Being financially independent means that you can cover your expenses without having to rely on income from working. Annihilating…
"Free" Money from Your Employer I can be a stubborn guy at times. I am generally reluctant to accept assistance offered by someone else. However, if someone offered to help me save for retirement I would instantly jump at the opportunity. I would whole-heartedly thank them and provide them with…
While completing last week’s post about building a budget, I decided to review the budget that Nicole (my wife) and I had revamped about six months ago. In doing so, I noticed I’m not entirely practicing what I’m preaching. In particular, there was one budgeting blunder that stuck out. While…
In last week's post, you learned how to set goals that you view as important. Now that you've identified those goals, the next phase is to create a plan that will position you to achieve them. In personal finance, that plan is called a budget. A budget is a set…
What is money? Is it simply a piece of paper or is there more to it? It might seem like a silly question, but have you ever taken the time to think about it? Physically, yes, a dollar bill is just a piece of paper. When compared to any other…