Today, the financial independence, retire early (FIRE) movement is gaining popularity very quickly. Although a lot of people are working towards the same goal of financial freedom or financial independence (FI), there are several different paths you can take to get there. You don’t have to be a high-income earner in order to have a…
This free printable bill pay checklist can help you to keep your finances organized and stay on top of your bills. Keep track of your bills to avoid missing due dates and prevent late fees and interest charges. If you’ve had trouble keeping track of your bills, try using this free resource for easy organization….
When it comes to personal finance, creating a budget is possibly the most common advice that you’ll hear or read. While creating a budget is a great step towards getting control over your money, I’d argue that tracking your expenses is an equally important step. In this article, we’ll look at the different ways you…
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,…
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…