Many people wonder why they do not win from a financial aspect in life. The number one reason is they lack a winning financial plan. The saying goes, “If you fail to plan, you plan to fail.” The following will help you begin to develop a winning plan. When you have a plan, you have a goal. With a … [Read more...] about Creating a Winning Financial Plan, Part I
What would a cashless society look like? How long until we have a cashless society? Are we already in one? How often do you use cash? Let’s explore the cashless society’s pros and cons. With the COVID-19 pandemic, are we accelerating to a cashless society? How Often Do You Use … [Read more...] about Cashless Society Pros and Cons
To grow your wealth, you need to become knowledgeable in a number of different financial areas. To not be educated in the basics will cost you in the long run. It is not that you need to be an expert, but one must understand the simple concepts in personal finance. The following is a high-level … [Read more...] about Follow a Budget, Increase Your Financial Knowledge
As we begin this journey – and yes, it is a journey – we ask the question: Is it possible to develop an investment plan to achieve financial independence? The immediate answer is yes, it is possible. In this article, we shall explore the necessary steps to make it a reality. What is Financial … [Read more...] about How to Create a Personal Investment Plan for Financial Independence
After many years of hard work and diligent saving for retirement, many struggle with the fear that they will outlive their nest egg. Or, perhaps worse, that the financial systems will collapse. So what does one do? Plan! It is my belief that the Three Bucket Retirement Strategy will both guard … [Read more...] about Using the Three Bucket Retirement Strategy
A debt-free life, what would that be like and how do you achieve it? Living debt-free is a life that is stress-free. A stress-free life is something that you can become comfortable with. Once you achieve such a goal, you will never go back. Detailed below is how you can achieve a debt-free … [Read more...] about Nine Strategies for a Debt-Free Life
Target Date Funds are all the rage! Do you have your investments in them? They can be used for retirement funds, HSAs and 529s. Is this the smart direction for your investing? Will you maximize your returns? Let’s take a look at them and then you can decide if this is your best course of … [Read more...] about Are Target Date Funds Right for You?
Many people want to live the dream of owning their own home. Paying rent is a waste of money, they say. What you don’t want to happen is to overbuy or overextend and turn that dream into a nightmare. How much can you afford? Owning a home is special, and you must prepare accordingly. We will … [Read more...] about Home Buying: How Much Can You Afford?