How much money do you make? I’m guessing you can probably answer that question pretty easily, either in terms of an hourly wage, average monthly income, or annual salary. Just about everyone knows how much they make, but most people don’t know their net worth. Your net worth is a simple measurement of where you…
Managing money is one of the most important tasks in life. It doesn’t matter if you make a little or a lot, you can still go broke if you’re not respecting and taking care of your money. Want to retire comfortably? Now is the time to start planning and saving. Fortunately, there are many helpful…
A mortgage is one of the largest expenses every month for most families. For many of us, the feeling of having a large debt for 30 years is unnerving. Of course, owning a home is preferable to renting in most situations, so having a mortgage is pretty much just a fact of life in our…
Most Americans consider retirement age to be 65, or somewhere in that ballpark. Early retirement might be considered 55 – 60. Yet, there are plenty of people in their 30’s and 40’s (and sometimes even younger) who are able to achieve financial independence. Reaching financial independence doesn’t necessarily mean that these people are completely retired…
Debt is a problem that many families are facing. If you want to get ahead with your savings but debt is holding you back, you will appreciate this inspiring story. Ashley Patrick and her husband were successful at paying off $45,000 of debt in a short time, and now they are debt free aside from…
One of the best ways for many people or families to cut expenses is to reduce the number of meals eaten at restaurants. Buying food at grocery stores and making your own meals will save you a ton of money. But even those of us who love to save money enjoy eating at restaurants every…
Finding creative ways to save money on necessities is a great way to impact your budget and free up money that you can invest or use for other things. We all need to eat, and many of us have families to feed as well. But the weekly/monthly grocery bill is one area where most of…
There are a lot of different ways to save money, but changes that you make to reduce your recurring monthly bills have a huge impact. Instead of just saving money once, you can save money each and every month. At the end of the year, add up the total, and you’ll be surprised at the…
When it comes to saving money, anything that you can do to reduce your monthly recurring bills will have a compounding effect. You’ll be able to save each and every month, have more room in your budget to save or use for other things, and the impact on your life can be pretty significant. One…