A simple concept to grasp and apply, the idea of buying stock rather than “stuff” won’t be the right approach to building a portfolio – but can be a fun way to think about changing spending habits.
By Patrick One of the most important things you can do is understand where and how you’re spending money. As I referenced in Lifestyle Habits That Contribute To Overspending, one of my biggest revelations came when I took the time to analyze it. The realization that I was spending over $1,000 a month eating out … More Tracking and Managing Your Cash
We discuss the pros and cons of Roth IRAs in this post, which is part three in our three-part series on IRAs.
By Patrick Note: This post is Part Three of a three-part series. You can find the other parts here: Part One: Intro to Individual Retirement Accounts (IRAs) Part Three: In Defense of the Roth IRA In our previous post, Intro to Individual Retirement Accounts, Eric brought up the two different types of IRAs you can … More In Defense of the Traditional IRA
An overview of IRAs, their history, and their utility. This is the first part in our three-part series on IRAs.
Continue Reading … More Intro to Individual Retirement Accounts (IRAs)
By Patrick I remember graduating college and living alone for the first time. I was a new sales representative in Cheyenne, Wyoming and had no idea what it meant to live on your own. Fortunately, I lived in an apartment building where the management company took care of all the maintenance and upkeep of … More What Home Services Really Cost You
As a homeowner, the old adage holds true: “It’s always something”. Here’s how we think about and approach home repairs.
By Patrick “A penny saved is a penny earned” is a phrase with a well-known origin – it comes from Benjamin Franklin’s book, Poor Richard’s Almanac. Like many of the expressions in the book, it is something that many of us continue to say to this day. It teaches us that it’s just as useful … More A Penny Saved Is A Penny Earned
By Eric Sometimes you may find yourself in a situation where additional cash flow in a given month would significantly improve your financial well-being. Perhaps it helps you avoid tapping into your emergency fund, or helps you avoid using your credit cards without the ability to pay it off the following month. No matter the … More Strategies for On-Demand Cash Flow
Thriving Millionaires 