No matter how much you’re making each year or how much last year’s Christmas bonus was, odds are that retirement seems like an unattainable fantasy. While you might not have an HSA account, you regularly contribute to your company’s 401(k). But no matter how much you invest, your earnings always seems to be hit by […]
Category: Saving Money
The Personal Finance Lessons I Learned On Wall Street
As our regulars know, Camilo began his career on Wall Street in New York City at J.P. Morgan, one of the premier investment banking franchises in the world. Growing up poor in Minnesota, it was the last place I ever expected to be working. I saw my dad work hourly jobs at places like Burger […]
High Interest Savings Account — Why You Need One
You need a high interest savings account. Yes, all of you. Let us explain why. Picture yourself on a sweltering summer day in a bustling city like New York. It’s late August and the concrete has absorbed sunlight all day and it’s radiating back at you as if you’re walking on a mirror. If the […]
How To Use The KonMari Method By Marie Kondo To Save Money
In August 2018, a close friend recommended the book “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing” by Marie Kondo. At the time, we had never heard of this book, the author or her KonMari Method. This was well before her new Netflix series in 2019 led to her seemingly overnight […]
Is Your Relationship With Money Broken?
When did Americans’ relationship with money break? Why did saving become the enemy? When the topic of saving money comes up, it seems to have a negative connotation. You’ve probably noticed that it goes something like this: “I’d love to save, but I just can’t afford to.” Instead of something positive like, “I know how important it […]
The 2019 W4 Form and How to Complete It
The new tax reform resulted in updates to IRS 2019 W4 Form. This W4 form is what everyone must fill out before starting a new job, and it affects your taxes. Today we will explain exactly what the form is and how you should fill it out. Most people fill the form out without understanding […]
How To Budget – A Step By Step Guide To Making Your First Budget
Benjamin Franklin famously said, “Failing to plan is planning to fail.” And it wouldn’t surprise us if he were talking about money and how to budget. There seems to be common feeling that if I make a lot of money, I’ll be set. But that’s just not the case. Making money is only half the […]
Should You Pay Off Your Mortgage Early?
Do you know if you should pay your mortgage off early or not? Or what the pros and cons are of paying your mortgage off earlier than you have to? This article was written by personal finance author Tom Madison, and we are excited for him to share his view on this topic. If you […]
10 Easy Ways To Better Yourself Today
We recently read an article that discussed the link between materialism and mental health problems. The research showed that practicing gratitude can help curb materialism, which in turn could improve your mental health. But if you feel stuck or like you don’t have a lot to be thankful for, think again. Here are 10 easy things […]
Money Can’t Buy Happiness
Bigger, faster, stronger. Newer, nicer, better. We’ve all been conditioned from an early age to seek more. More things. A lot more money. More respect and prestige. But, what if we told you that money can’t buy happiness? Research shows that after you have enough to cover the basic necessities in life, all of those […]