Budgeting
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Spend Money Based on Your Wealth Not Your Income
Instead of spending money based on your income, spend money in line with your wealth. Income is temporary, even for high earners. Wealth is your foundation.
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Furloughs Show Why You Need Savings and Parachute Money
Furloughs remind us to focus on emergency savings and parachute money for multiple layers of protection in case our primary source of income dries up.
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How Does Your Net Worth Compare to People Your Age?
By studying the net worth of people your age, including the Top 1%, you can learn if you’re on the right track or if you need to make adjustments.
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How Much Money Did You Actually Keep This Week?
When was the last time you really appreciated how much effort you put into making money? Shouldn’t you actually keep a lot of that money?
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Your Saving Rate is the One Thing You Can Truly Control
To achieve financial freedom, the most important factor within your control is your saving rate. Stop chasing investment returns and focus on your saving rate.
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Financial Independence is Not About a Life of Deprivation
There is way more to financial independence than cutting costs and living frugally. I view FI as creating options to get more of what I want in life, not less.
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When Money is Tight, Think Even More About The Future
When money is tight, that’s the best time to think about your future self. Use those challenging periods as motivation to make hard spending decisions today.
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Stop Feeling Guilty and Annoyed About Spending Money
Regardless of how much money we make, we can all feel guilty and annoyed with our spending choices. That’s where my budgeting tips can help.
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Fix Your Personal Finances Before Investing in Real Estate
Before investing in rental properties, focus on your personal finances. If you can’t manage your own money, how are you going to run a business?
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529 Plans for Sky High College Costs
529 plans are a great way to save for college because of the potential triple tax benefits. Learn how to estimate how much to save today to pay for college.
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How to Get Better Results with a Higher Saving Rate
Get ahead in life by making more money, and spending about the same. Learn how to measure your personal finance progress by tracking your saving rate.
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Protect Yourself With an Emergency Savings Account
Optimizing your savings is about protecting yourself during emergencies and achieving your short term goals, even if you have debt.
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Why You Need to Fuel Your Savings
Actively saving money is the first step towards financial independence. Without adequate savings, you risk losing all you have worked for.
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How to Stay on Budget with Two Simple Numbers
There’s an alternative to tracking every penny. You’ll only track two numbers. It works if you’re honestly dedicated to fueling your life goals.
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Top 10 Budgeting Tips for Lawyers and Professionals
In Part 3 on budgeting, we’ll take a deep dive into my top 10 strategies for making thoughtful adjustments so we can consistently win the budget game.
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How to Budget with a Real Life, Really Lost, Boy
In Part 2 of our series on budgeting, we’ll use real numbers to create a Budget After Thinking to better align our spending with our true motivations in life.
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How to Make a Budget After Thinking
In Part 1 of our budgeting series, we aim for planning ahead of time with a budget that stops the disappearing dollar and fuels our ultimate life goals.
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You Should Want to be Good with Money
You should want to be good with money. Money can give you choices. Money can give you personal power. Money can give you time.
