In the fall of 2017, after reading the book The Hole in Our Gospel, I started volunteering at a local homeless shelter as a way to give back and help people in need within my own community. I had served meals at a different homeless shelter during my freshman year of college and it was a…
If you’re interested in starting a side hustle, you’ve probably been thinking about the types of work and can do. But doing isn’t the only option. Another way to make some extra money is to take advantage of the assets that you have. There are a number of different things that you can rent out…
A home is a big part of life for most of us. Where we live impacts our lives every day, and most of us dream of living in a bigger, nicer home. Housing can also be a huge expense that takes up a large part of your budget. A few years ago, my wife and…
Recently I published an article on the costs of owning a home. The purpose of that article was to shed a light on all of the costs (including some hidden costs) that come with being a homeowner, rather than to debate whether it’s better to buy or rent. In this article, I’d like to discuss…
You’ve probably heard many people say “renting is just throwing money away” and buying a home is the better financial decision. That may be the conventional wisdom, but does that mean that it’s true? The problem with really common advice is that we often assume it’s correct, or absolute, without taking the time or making…
If you want to be in control of your money and make the most of what you have, maintaining a monthly budget is critical. The idea of creating and living by a budget may seem intimidating if you haven’t done it before, but it really doesn’t have to be that complicated. I have an article,…
Creating a budget is one of the first steps you should take for getting your finances in order. The process can seem overwhelming, but it isn’t difficult. One of the biggest challenges is knowing how to categorize your expenses to keep everything organized. In this article, you’ll find a list of more than 90 budget categories…
There are a lot of different numbers and metrics involved in personal finance. Income, net worth, savings rate, credit score, and many others. While they all have a place, net worth is often overlooked and not emphasized. But really, in terms of finances, what matters more than net worth? Tracking your net worth is easy,…
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…