Investing Wisely after Debt Payoff
Here is a great question that I received from a reader: “How do I invest wisely after we pay off our debt?” Some people would go straight to a financial advisor and ask their advice about investing. As I’ve explained in multiple posts, if you don’t know the basics of how the financial industry works…Read More
The Three Fund Portfolio: A Book Review
When it comes to investing, the simpler, the better. Jack Bogle, the founder of Vanguard, repeated this message over and over again throughout his long career in investing. This message had particularly resonated with a man by the name of Taylor Larimore. Mr. Larimore, a man born before the Great Depression, had his own long…Read More
Investing: Should You Use a Roboadvisor?
Ever wish you could get started with investing, but you felt like you needed a financial advisor to help you figure it all out? Thanks to technology, people are turning less to human advisors and relying more on roboadvisors. In order to understand how roboadvisors fit into the picture, it’s important to look at the…Read More
Use Automation To Make Your Financial Life Easier
Want a really easy way to get better at money? Pay off debt? Save money? Build wealth? AUTOMATE! It turns out that the best way to accomplish these goals is to sidestep human nature. Our brains aren’t wired to prepare for events far off in the future because we have more pressing concerns in the…Read More
Pay Off Debt Or Invest? The 9 Step Priority List
Should I pay down debt or invest? If you happened to win the Mega Millions, then the answer would be pretty easy. The first thing people typically want to do is to pay off all debt. Then in no particular order, they spend, donate, and invest. But of course, we are not Mega Millions lottery…Read More
Women and Money: Avoiding "Money Stuff" and How We Can Do Better
Updated October, 2020 I’m not one to go on huge shopping sprees, but if there’s something I need to buy, you’d better be sure that I’m looking for some deals. For many years, this was my definition of being good with money. Make intentional purchases, and make sure you’re not paying full price. How about…Read More
Your Savings and Investing Options: Fill Your Buckets!
Jack Bogle, Vanguard, and a Legacy
Jack who? That would have been my reaction not too long ago. I had almost zero knowledge about investing. Wall Street and the stock market seemed like they belonged in a world that did not intersect with my own. Sure, I had some money in a retirement account and a taxable account, but I certainly…Read More
Small Fees Add Up: Barriers To A Better Return With Your Investments
Once you start learning about investing, it’s not too long before you run into the subject of fees associated with investing. So. Many. Fees. These fees tend to be small, whether in absolute number or in percentage. But as illustrated with compounding, don’t be fooled by small numbers, because these fees can add up in…Read More
Compounding: Are You Smarter Than A Third Grader?
Have you ever felt sleep deprived? As in, to the point where you crave nothing more than your head hitting that sweet pillow and falling into deep slumber? The worst of my sleep deprivation was after my third child was born. I figured with my first two, I probably knew what I was doing with…Read More