There may be nothing as exciting as maxing out a health savings account and racking up all the tax-free dollars. Here’s what you need to do to best leverage your HSA to grow wealth. Our health savings accounts are among our favorite tools we use for growing wealth. Unfortunately, most people have no idea how…
6 Ways to Avoid Distraction While Working Toward Financial Goals
If you want to be financially successful, there may be no better skill to build than the ability to avoid distractions. Distractions are everywhere on the road to what you really want — and you won’t just need to learn to manage them once or twice. Financial goals take a long time to get to, which…
Beyond Finances Podcast #25: The 3-Part System We Use to Save 40 Percent (or More) of Our Income
Your savings rate is one of the most important metrics you can track as you manage and measure your progress toward financial success. Here’s how to increase yours. Do you know how much money you save right now? When we say “savings rate,” it means the percentage of your gross income that you put toward…
3 Self-Defeating Money Mindsets to Give Up Now
What do you think matters more to financial success: being really good with numbers and math, or being really good at managing your mindset? While having an understanding of things like compounding returns is helpful, I’d argue that your money mindsets are some of the most important factors in determining whether or not you’ll achieve…
Beyond Finances Podcast #24: Managing Competing Priorities and Financial Goals with Our 4-Step Process
We all know the dangers of lifestyle creep. But what about priority creep? Here’s how to manage multiple competing priorities and financial goals so you can achieve and enjoy what you really want. Most of us have much more than just one thing we want to do, have, enjoy, or accomplish. But we all have…
Life After Debt: When You Stop Paying Down Balances and Start Building Wealth
When you can gain control over your cash flow and aggressively pay down loans and balances, you know it’s only a matter of time before you pay everything off and reach debt freedom. That’s an exciting proposition if you’re already on this path and have spent some time chipping away at student loans, credit card…
Beyond Finances Podcast #23: 3 Ideas to Save More and Spend Less Without Feeling Deprived
Don’t spend less. Just spend smarter. These tips will give you easy-to-implement ways to create wiggle room in your budget so you can enjoy more choice over how you use your money. Conversations on budgeting and saving money don’t have to translate to “here’s what you have to give up.” We want to enjoy life…
The 4 Fundamental Rules of Personal Finance
How do you feel when you hear the word “money?” Does thinking about finance make you feel positive or negative? Eager or worried? Motivated or overwhelmed? Personal finance feels complicated because it’s never just about the numbers. Personal finance is personal, and it’s also highly emotional. It’s easy to feel overwhelmed and confused by what…
Beyond Finances Podcast #22: 5 Pieces of Financial Advice for 30-Somethings
How to live below your means without feeling deprived, the importance of consistency, why percentages matter more than dollar amounts, and why you don’t have to spend less — but you sure as heck should spend BETTER. Life can get complicated when you hit 30. You might be in the middle of countless transitions, like…
How to Leverage an HSA Account to Grow Your Wealth: A Real-Life Example
Have you considered a high deductible health plan, or HDHP, as an option for your health insurance? It might be worth switching to one so you can use an HSA account. An HSA account is a health savings account — meaning, it’s a place that allows you to save and even invest money specifically for…