When money is tight, an emergency fund is even more important. Here are some strategies to get you to put something, anything, away. You need an emergency fund. An emergency fund is not savings. You need that too, but that’s … Read More … Read More
Decisions
Beyond the Debt Snowball: Other ways to pay off debt (and are they worth it?)
I look at some non-traditional methods of paying off debt to see if they are any better than the Debt Snowball method. The problem: you have multiple debts, all with varying amounts, interest rates, and payback timelines. Some are secured … Read More … Read More
How to make less money
When you need to (or want to) live on less, here are the steps you can take to streamline your spending so you can afford to make less money. Last time, I talked about what to do in order to … Read More … Read More
How to make more money
Entrepreneurs, are you also focusing on your personal finances?
Is financial fitness more important than physical fitness?
I talk about how our culture leads people to focus unnecessarily on weight loss, instead of their own financial wellness. There are countless analogies between money wellness and health wellness. There’s a financial coaching outfit called The Financial Gym, which … Read More … Read More
Want to get an allowance? Make a budget.
You have a high income, so why don’t you have any money?
I debunk the myth that there is a correlation between earning a lot of money and having a lot of money, because it isn’t always true. Isn’t it amazing the vast disparities in income? I know someone who pulls in … Read More … Read More
Going for my AFC® certification: one year later
A year ago, I started going for my AFC® certification. Here is an update on how it’s going and what I’ve learned in the process. Last year, amidst a fair amount of personal turmoil (and not even talking about the … Read More … Read More
How to make more impactful financial decisions
Many financial tasks feel impactful but aren’t. Learning to spot the difference can help you make more impactful decisions. David Bach is a bestselling personal finance author who, among much else, is known for his idea that the money you … Read More … Read More