A common mistake a lot people make when they’re single is overlooking the importance of saving for retirement. If you have no one to depend on except for yourself, you may be blindly near sighted with your finances. Of course you know you need to make enough money each month to cover your living expenses, but if that's basically as far as you've gotten with retirement … [Read more...]
Are you prepared for when the good times end?
Do you ever get a sinking feeling that something's about to go wrong or that the start of something bad is already under way? That's a bit how I feel lately. Fortunately, I'm not talking about my health or my loved ones. I'm talking about the economy. I'm no longer wondering if we're going to have a recession in the U.S.; I'm wondering when. Are you prepared for when the good … [Read more...]
What’s the point of life insurance? Here are the benefits!
The following post is sponsored by Haven Life, which offers the first place to buy life insurance online in just 20 minutes. Compare that to the traditional 4 to 6 week timeframe common with most insurers. The Haven Term policy is issued by MassMutual, which has an A++ rating from AM Best.* When I was in my 20s, life insurance didn’t cross my mind at all. I remember reading … [Read more...]
Loving money leads to financial independence! Mid-year 2016 net worth update
Happy Independence Day! July 4th makes me so happy to be an American and so thankful that I'm financially independent. I used to worry a lot about money when I was younger. Hearing my parents fight about money sucked. Then, living paycheck to paycheck was a grind. I had doubts if I'd ever be able to escape the rat race. But low and behold I did it! Re-reading my first net worth … [Read more...]
Save more money this summer like your life depends on it
We made it! June has arrived and hopefully a spectacularly adventurous and stupendous summer along with it. Even though I'm not in school anymore, there's just something exciting and refreshing about the months of June, July and August. Maybe it's my subconscious reminding me how excited I used to get in anticipation of summer vacation. I remember I used to feel like I had an … [Read more...]