financial mistakes in your 20s

Financial Mistakes You Must Avoid in Your 20s? Why You Need to Be Careful with Online Financial Advice

In the last few days, several readers have shared a video with me that’s been floating around on Facebook. The video is titled Financial Mistakes

dollar bill on fire - budgeting wasting money

Here’s What Happens When You Don’t Have a Budget

Nobody likes talking about the dreaded “B word.” Just mention the word budgeting in a crowd, and you’ll see perfectly reasonable adults turn into petulant

08.20.16
potatoes

20 Strategies for Radically Cutting Your Food Expenses

The average American family spends $151 a week on food, according to this Gallup poll. That’s actually quite a lot of money when you consider

up and down road

It’s Your Journey, Not Theirs

Earlier this month, I was traveling with my family in Toronto. I was waiting outside of the CN Tower for my family to meet up

forrest gump with small suitcase

The Small Bag Experiment

For years, I’ve enjoyed the writings of James Altucher (recommended reading: his book Choose Yourself). Although the man has made millions over the years, in

man in the forest

The Forest and the Trees of Financial Independence

A few days ago, I happened across a wonderful article from Erica Johnston at the Washington Post, entitled How one family is sending 13 kids

couple eating at restaurant

Eight Numbers That Show How American Families Struggle with Money

When it comes to managing our money, Americans have plenty of room for improvement. Sure, we’re the richest country in the world… but most of us

man sadly looking at ice cream

Depriving Yourself Doesn’t Work

Connie writes in: I am sick and tired of having to live a miserable life in order to save for retirement and to pay down

Featured Image for Life Insurance 2016

Connected: Developing Intrinsic and Extrinsic Connections to Your Key Financial, Professional, and Life Goals

Goals are a major part of my life. I’ve found, particularly over the last ten years, that setting personal and professional goals and achieving them

08.03.16
money orders

Banking Basics: How Do Money Orders Work, Anyway?

What is a money order? It’s simply a little piece of paper that allows the person named to receive a specified amount of cash. Money

shopping on mobile phone

Instant Gratification: Why 76% of Americans Live Paycheck to Paycheck and How You Can Beat That Cycle with 12 Simple Strategies

It’s a statistic that I just can’t get over: 76% of Americans live paycheck to paycheck. That just simply blows my mind every time I

Freelancer finances

Why Expenses Really Matter When It Comes to Your Investments

So, how exactly does an investment house make money? Let’s use Vanguard as an example. You can go there, sign up for an investment account

mowing lawn

12 Things I Should Have Considered More Carefully Before Buying My First Home

Several years ago, my wife and I were in a bit of a personal bind. We lived together in what was about the tiniest two-bedroom

man writing a letter

Human Capital vs. Financial Capital: What They Mean and How You Can Take Advantage of the Difference

Human capital. Financial capital. They’re terms that sound like “business speak,” but when you boil them down, they’re just describing things that most people intuitively

money

The 10 Core Principles of The Simple Dollar

IDEA: Start a personal finance blog. Two Cents? Articles focused on practical stuff, positive, straightforward, earnest. Personal finance is easy to understand but hard to

07.23.16
back to school shopping

Our Family’s Strategies for Saving a Mint on the Back-to-School Season

It’s an annual tradition of sorts for parents all across the country. The summer starts to wind down. They get a letter from the school

determination and grit in personal finance

Personal Finance and Grit

A few weeks ago, I made an offhand mention in a reader mailbag about the wonderful book Grit: The Power of Passion and Perseverance by

playing pokemon go on smartphone

Avoiding the Temptation to Spend Money on ‘Free-to-Play’ Online Games

Max wrote in with a great question that started off in the reader mailbag, but eventually grew into a rather long post. Here’s what he

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