Several months ago, I started a series called, “7 Simple Steps to True Financial Freedom.” In this post, we’ll cover step 3, “Establish an emergency fund.” We’ll talk about what an emergency fund is and why you need one, how much you should have in yours, where this money should come from, and where to… (Read More)
8 Types of Insurance You (Probably) Don’t Need
Have you ever seen someone use an umbrella indoors? I know I haven’t. The mere thought of it is a little silly, to say the least. Why? It’s because the odds of you getting wet indoors is usually VERY, VERY low and, even if it did happen, it wouldn’t be the end of the world… (Read More)
How to Cut Expenses AND Maintain Your Lifestyle
When most folks think about how to cut expenses from their budget, it’s usually an “either/or” scenario… Take a nice vacation OR save for junior’s college fund. Date night out OR pay extra towards the mortgage. Cappuccino from Starbucks OR mystery liquid from work. Although sometimes this is true, many times there’s a third option… (Read More)
How to Spend Less and Save More
In the last post, we talked about how to make wise financial decisions. But what about decisions specifically related to your spending? How can you learn to spend less and give, save, or invest more? Well, there’s only one question you need to ask yourself to help you make better spending decisions and that question… (Read More)