We originally wrote this piece to compliment our Beyond Finances podcast episode on The 3-Part System We Use to Save 40 Percent (or More) of Our Income, and published it on Forbes. We’re republishing a slightly different version of it here, too, if you’d like to pair it with episode 25 of the show. Do…
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…
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…
How to Become Rich: The Actions (and 3 Unexpected Habits) to Get There
You might think that learing how to become rich isn’t something something you can learn at all. It’s luck, or it’s just for people who have specialized knowledge that most other people simply can’t access. That isn’t quite true, though. You don’t have to be born into money to become wealthy, and you don’t have…
Timing the Market Doesn’t Work, So Here’s What to Do Instead
Over the last decade, we’ve enjoyed one of the longest bull markets we’ve ever seen. In the last few years, the stock market has set record after record, climbing higher and higher. And in those last few years, there have been people at every turn claiming that the next big crash is inevitable. Yet the…
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…
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….
Upcoming IPO? Take These 3 Financial Planning Steps Now
An upcoming IPO at your company presents you with a huge opportunity to make a massive leap of forward progress in growing your wealth. With the potential for hundreds of thousands of dollars — or even millions of dollars — on the table for you, it’s not an exaggeration to say this is a high-pressure…
Make Little Money Details Add Up to Big Financial Impact
The next time we go out to eat, we’ll get $20 off our meal just because we have a habit of making reservations. We use OpenTable to book spots at restaurants when we plan to eat out. Even if we know we’ll get somewhere at a slow time when there won’t be a wait, like…
When to Start Financial Planning (and What to Think About First)
A lot of people I talk to aren’t sure of when to start financial planning. Do you have the same question, about when you should start? I could really sum up the entirety of this blog post with a single-word answer: Yesterday. That was the best time to get started. The second best time, of…