Wouldn’t it be nice to finally be someone that other people look at and say, “wow, you really are great with money. I’m impressed!”? Do you constantly find yourself wishing you had better money habits, but you just can’t seem to change your day-to-day actions? Here’s the good news: you can absolutely transform your current…
The Importance of SMART Goals (and What to Do Before Setting Them)
Setting goals might sound like the most tedious thing on your to-do list. It might not seem very exciting or fun. (What’s much more fun is achieving the goal and getting to use your money for what you wanted!) This can be especially true if you’re doing your goal planning the right way, and setting…
Get 30 to 40 Percent Of Income Saved with This 3-Step Process
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 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…
Trying to Chase the Best Interest Rates? Here’s Why That Might Backfire
A few years ago, countless headlines (and a whole lot of real estate agents) were crowing about how you HAD to BUY NOW because interest rates were DEFINITELY going to rise. Better get in now now now before it’s too late! Turns out, it wasn’t too late. Interest rates today, in the summer of 2019,…
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…
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….
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…