Reading Time: 4 Min The Bureau of Labor Statistics just released the results of its 2016 American expenditure survey, and the results are fascinating. Here are a few of my observations. Housing Is Your Biggest Opportunity Housing remains the single largest expense, easily double any other category, and often more than
Reading Time: 9 Min Four steps to crushing your student loans. How to optimize your payments, how to think about extra payments on your student loans vs investing, and more. I get a lot of questions about student debt. 44 million Americans are tackling student loans as part of their financial journey, and
Reading Time: 7 Min Expensive aspects can sneak past the “research” flip in your brain. Wherein I share my recent big money mistakes, how to avoid them, and the three best questions to ask when you don’t know where to start. I’ve had an interesting (and expensive) learning experience I thought I’d share.
Reading Time: 3 Min A graphic showing both the official and average retirement age in countries around the world. Sneak Peek: The US compares poorly. You may want to find a different group to use for comparison. I came across an intriguing graphic which compiles both the official retirement ages as supported by
Reading Time: 5 Min Companies in the U.S. spend over $187 billion a year trying to insert their opinions into your buying decisions. How can you protect yourself from their influence? One easy trick. Introducing the perspective of the Negative Purchase. I was playing a game with a few friends the other day.
Reading Time: 6 Min If you think you’re doing all the biggest things you can to build your nest egg, you’re probably wrong. Here’s the system that will prevent you from missing the biggest opportunities. I am asked often what my biggest mistake was on the road to financial independence. It’s a good
Reading Time: 6 Min The CDC reports that 1 in 5 American adults will visit the emergency room each year. Spend five minutes doing research now to save yourself thousands of dollars if you ever have a health emergency. Several years ago, I went on a business trip to a developing country. I
Reading Time: 4 Min How writing a thoughtful offer letter can save you thousands of dollars in your home purchase, plus the letter we used in our own process that saved us $3,000. The Hubs and I closed on our first property! It means an elevator for the world’s stumpiest corgi. It means
Reading Time: 10 Min When I was planning out my retirement, one of the things I was most curious about was what actual spending looked like post-career. I saw a lot of budgets that I knew wouldn’t fit our lifestyle, because we lived in a highly urban, very expensive city whereas many early retirees
Reading Time: 4 Min I’m a big fan of low-hanging fruit when it comes to personal finance. There are myriad opportunities to make hundreds or thousands of dollars when you are an active steward of your money, and most of them don’t actually require much work at all: they simply require knowledge. You just need