The less money you spend, the more you're able to save. Any money saving tips will help, and we have eight that will kickstart your savings. Little expenses can quickly add up and eat away at your savings. The 50/30/20 Rule recommends budgeting 30% of your after tax income on "wants" such as dining, shopping, and hobbies. Below is a list of eight quick money saving tips … [Read more...] about 8 Easy Money Saving Tips To Kickstart Your Savings
Most of America Doesn’t See Their Financial Situation Improving in 2019
A new survey by Bankrate revealed that 55% of America doesn't expect their financial situation to improve by 2019. This is counterintuitive, your finances should improve every year by developing your career and saving more. Some blips on the radar could come from economic downturns, but that should be the exception instead of the rule. Why Much of America Doesn't Think … [Read more...] about Most of America Doesn’t See Their Financial Situation Improving in 2019
Never Share How Much Money You Make
One of my friends got a promotion last year. She was proud of the opportunity, and excited to share how much money she was going to make. Who knows why she shared her income. It could have been because she was proud - her new income was in the top 3% of earners in the United States. She also may have wanted more data points about how she was being compensated. Either way, I … [Read more...] about Never Share How Much Money You Make
John Bogle and His Legacy of Index Funds
John (Jack) Bogle passed away on January 16th at the age 89, and left an incredible legacy behind him. History will remember John Bogle as the pioneer of the index fund, who democratized investing and saved billions of dollars for common investors. He fought against mutual funds as much as he fought for the everyday investor. His humble lifestyle allowed investors to save a … [Read more...] about John Bogle and His Legacy of Index Funds
How to Escape Living Paycheck to Paycheck
Nearly 80% of Americans say they are living paycheck to paycheck, according to a 2017 report by CareerBuilder. Living paycheck to paycheck feels like running in a hamster wheel - all of the money you earn goes out, and you're back at square one with nothing to show for it. Breaking out of this cycle is as simple as cutting your costs and increasing your income. We'll explain … [Read more...] about How to Escape Living Paycheck to Paycheck