Total student loan forgiveness is a hot topic right now and everyone has an opinion about whether it’s good or bad. But what should you actually DO about it — and the loans you have right now? Student loans are a subject everyone’s chatting about right now because, for one, it’s always an emotional topic…
You Don’t Need Life Insurance Until You Have This
I’ll be honest with you: I’m not a big fan of life insurance. It’s a product you pay for with hopes that you never have to actually use it. It’s also a product that gets pushed hard by salespeople who often try to use guilt and fear to give into their pitch. That kind of…
Beyond Finances Podcast #16: Market & Money Misconceptions That Can Cost You
What you only think you know can definitely hurt you — and cause you to lose a lot of money in the market. The reality is most of us do not consistently make excellent financial choices on our own, in a vacuum. Part of the problem is that we’re plagued by misconceptions around money and…
Managing Lifestyle Creep: A Real-Life Example of Keeping Expenses Low (Even As Incomes Rise)
The term lifestyle creep describes what happens when you spend more money as you earn more money. You might also hear this referred to as “lifestyle inflation. It means the same thing: you inflate your lifestyle to match your income. There’s never much of a gap between what you earn and what you spend. If…
Beyond Finances Podcast #15: How to See the (Money) Forest for the Trees
Most people make short-term and limited decisions without considering how these choices impact things to the right when you’re only looking left. Here’s how to solve that problem. If we could compare life to walking through a forest, we could say that you pass a lot of trees along the way. And most people tend…
How to Rollover a 401k (and How to Determine If You Should or Not)
About half of Americans have access to a workplace retirement plan like a 401k. If you’re one of them and have also had more than one job in your career, chances are good that you don’t just have your current 401k… you have one (or more) from previous employers, too. You might have moved on…
Beyond Finances Podcast #14: Your Money Questions, Answered
You asked us about student loans, credit cards, IPOs, retirement savings, and budgeting. Here are our answers. A few podcast episodes ago, we asked for you to send us some of your money questions that you wanted our perspective on — now we’re answering! We cover the following questions in this first “ask me anything”…
Don’t Have Specific Financial Goals? That’s Okay If You Have One of These Instead
It’s hard to plot out every goal you want to accomplish in your long life — especially if you’re in your 20s, 30s, or 40s right now. You have decades of life to live ahead of you, and these are the prime years in which to experience and enjoy some major life milestones and changes….
Beyond Finances Podcast #13: How Much the Average Person Spends
Ever wonder how much most people spend — and how YOUR spending compares to the average? We dive into some of these numbers in this episode, sharing what the average person spends, what we think you need to save, and how to fit YOUR spending around these data points. Some of the average spending numbers…
Saving for College: What to Consider and What Tools to Use
Worried about saving for college and having enough to fund your kid’s education? Then let’s start with the good news: there are so many ways to pay for college. You have a lot of options to explore. Now for the tricky part: you have a lot of options. There are a lot of variables and…