Back Off, I’ll Mind My Own Savings Rate

Let’s Talk About Savings Rates

If you read enough personal finance articles, you will soon come across the concept of a “savings rate.” This makes perfect sense. Your savings rate may be the most important factor to building wealth and becoming financially independent. Articles pushing you to increase your savings rate make sense. But sometimes, I find the messaging too aggressive for my tastes. To those who shame their readers into saving more, I say: back off, I’ll mind my own savings rate.

Savings Rate
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3 Steps to Improve Your (Financial) Health In 2018

One of my most loyal readers requested I write this post. And when she suggested it, the topic became a top priority. Thanks again to everyone out there for reading and sharing my posts. Having people I know in real life – along with those of you I don’t know personally – read my stuff feels amazing. I hope this list of three steps to improve your financial health helps you start the year off on the right foot!

Financial Health

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New Baby!?! How To Save Money on Child Expenses

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My family recently received the best kind of dividend. He’s small in size and already has made a huge impact on our lives. Our family of three has become four, as we welcomed our second son into the world.

Save on child expenses

Once the initial shock and joy wore off, I remembered that kids are expensive. They’re also unlikely to speed up a plan toward Financial Independence. Well, unless that plan is to have your kids support you.

When it was time to write this post, I was a little sleep deprived. With a foggy brain, I decided to reach out to some experts in the Personal Finance Blogging community.  I asked for their strategies on keeping the cost of children under control. I think you’ll like their answers and expect you’ll also find some ways to save money on child expenses. Continue reading “New Baby!?! How To Save Money on Child Expenses”

8 Winning Personal Finance Tips for Newlyweds!

I recently attended a wedding and want to wish a heartfelt public congratulations to the lovely bride and groom! Since I didn’t get a chance to give a toast over the weekend, I would like to offer some unsolicited financial advice for all see. Without further ado, here it goes:

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My $121K Mistake

Personal finance is, personal.  This is a phrase you will see me type many times.  In many cases, a financial move that is right for one person may not be right for another.  Some people start their own business while others prefer to work for a business.  Some people drive a shiny new SUV while others choose a 10+ year old sedan.  Some like to invest in stocks while others prefer mutual funds or real estate.  These different choices and many more could all be part of a Winning Personal Finance plan.   Continue reading “My $121K Mistake”