If you are wondering why your net worth matters, you aren’t alone. We get asked all the time what the term net worth means and why it even matters. The concept is more simple than it sounds and is straightforward to calculate. To begin, net worth is strictly a financial term. The name is vague […]
Category: Saving Money
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 […]
Is Fear Causing You Financial Problems?
Since launching this site we’ve talked to hundreds of people about their money, their goals, and their financial problems. Between conferences, friends, strangers on social media, and our loyal readers we get messages daily asking for help. Naturally, one question our friends ask us is, “what is one pattern you’ve noticed or one thing you’ve […]
The Best and Cheapest Way to Shave
The discount shaving industry has been getting a lot of press recently. Dollar Shave Club grabbed headlines when Unilever acquired the company for $1billion. Harry’s, another shaving startup, has gotten attention for also helping to lower the cost of shaving. After all of the press you’d think these companies provide the cheapest way to shave. […]
Drowning In Student Loans
As we discussed in our intro to paying for school post, a college education is E-X-P-E-N-S-I-V-E. And most people would agree that the cost is out of hand! The cost is so high that you might even feel like you aren’t able to pay off student loans at all. You wanted to go to college […]
How To Decide Whether To Rent vs. Buy A House
When it comes to buying vs. renting a house, there is always a passionate debate about which is the best financial move. Both sides have valid points, so it can be confusing. Recent changes in the tax law have also made owning a home less financially advantageous, so the buy vs. rent dispute continues to evolve. […]
Our Relationship With Money Is Broken
When did saving become the enemy? When the topic of saving money comes up, it usually has a negative connotation. It normally 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 is to save for my future, so I’m willing […]
Get Rid of Cable
Cable TV is crazy expensive. How crazy is it? Crazier than that drunken night back in college… wait — we are getting off topic here. Everyone knows cable TV prices are outrageous! But getting rid of cable TV does not mean you have to sacrifice watching your favorite sports teams, movies, or addicting TV shows. […]
The Top 5 Pieces of Advice for Graduates
College graduation season is now fully underway! In many ways, the college years are hard to beat! You spend four awesome years surrounded by your best friends experiencing new and amazing things. For many people it’s their first time away from home and a big step into adulthood. With so many changes happening, we wanted […]
How to Lease a Car and Get the Best Deal
Buying or leasing a car should be fun and exciting, but in reality it’s a huge headache. What is a fair price? How do I negotiate? Am I going to get bamboozled? Just last month I underwent this daunting task myself and leased a new 2018 Mazda CX-5. I want to share the lessons I […]