Worrying about bills and living paycheck to paycheck and being broke isn’t fun. And the thought of that being for a lifetime is demoralizing. While all our financial situations are different, we all have the ability to change our “broke status.” Your financial life can completely switch gears by identifying bad money habits that are … Read more
Lifestyle creep refers to the situation where someone gradually increases their spending on unnecessary items as their income and wealth increases. Now, your higher standard of living becomes the norm and feels like a necessity. Whether you realize it or not, at some point in your life you might be guilty of a concept called lifestyle … Read more
One goal that you might have for yourself is to build your net worth, which can help you create a comfortable financial future. And one common way to help build your worth is through various appreciating assets, that over time can grow substantially in value. Of course, there is no guarantee with any asset you invest … Read more
Saving $10,000 can be perfect for your rainy-day fund, to use towards a large purchase like a house, or maybe for something else you want to save for this year. While saving five-figures can seem pretty daunting of a task at first, reaching $10k saved is much more attainable than you might initially think. However, if … Read more
Generally, when searching for answers about personal finances and becoming financially secure, I think many people are hoping for magic formulas. Or just looking for some sort of secret process that has never been shared before. If that is your thinking, I need to tell you that there is no secret formula! Don’t worry, in my … Read more