Saving

Are You Ready?

June 24, 2012

A couple of weeks ago there was a terrible fire at a local restaurant. This restaurant was a staple of our city and had been there for decades. Luckily, no one was injured but the building was a complete loss. Have you ever thought about what you would do if your place of work had […]

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Savers and Spenders

February 11, 2012

I have written before about different financial personality types.  Chances are, you are either a natural saver or a natural spender.  I readily admit that I am a natural spender.  That is exactly why I have to put practices in place in order to avoid wasting money all the time (such as only taking out […]

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How Compound Interest Works

December 23, 2011

Don’t worry, this isn’t going to be a long, boring economics class discussion.  My goal is to make this short and sweet.  Understanding the concept of compound interest can literally be the difference between becoming a millionaire or not.  It could mean the difference between retiring with dignity or not. Here is the main point: […]

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How To Never Have a Car Payment Again

December 9, 2011

No, it’s not a gimmick.  It’s not anything fancy.  It is definitely not complicated.  But it IS possible, for sure.  You may have fallen for the standard belief that the only way to purchase a car is with payments.  You don’t necessarily worry about how much a car costs, you worry more about how much […]

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How Much To Put In Your Emergency Fund

December 3, 2011

I often advise people to have an emergency fund in place.  It is important to take a quick look at how much should be in that fund. It really depends on where you are at on your financial journey.  If you are deciding to get out of debt and live on a budget, then I […]

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