Have You Heard of These Terms? Funding your retirement will be up to you! That has become a harsh reality for those who planned to live on Social Security benefits alone in their retirement. If you would like to accomplish items on your “bucket list”, you will need to build funds that can make that […]
Terms to Know to Fund Your Retirement Read More »
Save for a Cushion We have a metal bench glider for sitting out on the patio. But we need a cushion to be comfortable sitting on it. I imagine you like to be physically comfortable too. I also think we all like to be comfortable financially. And recent concerns over inflation have made that difficult.
A Little Money Can Open Doors Read More »
Build a Zero-Base Budget Do you like to spend what you make? That is what a zero-based budget is. Only you do it on paper, before you get paid. The hope is you consider all possible spending choices and limit the spending to what goes into your checking account. And that you treat your savings
Farmers and Developers Farmers and Developers see the value of land. They invest based on long-term plans. Most investments have a lower cost consideration than land. That is why saving for that type of investment will be part of your long-term plans. Most successful farmers have inherited their land, which allows them to buy or
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Good Health Helps Perhaps my observations are wrong, but I see too many young people getting caught up in screen time and too few trying to be physically strong. I know that reading and class study and online research are sedentary activities, which I encourage. But we need to value our health because our bodies
Condition for Physical Work Read More »
Overcome Your History Perhaps you have experienced setbacks from distressed events in your life, such as I did many years ago. Most of us have lived through difficult times that strained our finances. However, you must not let those events define you. You can make positive changes for growth. Have a little faith but remember
Assets for Security Read More »
Brake for Records You are busy. You need to work to draw a paycheck. Then you need to prepare meals, get the car fixed, mow the yard, do the laundry, and buy groceries. And busy repeats itself. While you need rest from all the above, entertainment can be distracting. Evenings seem short when you have
Keeping Records and Markers Read More »
Ignore the Ads Your best defense against ad influence is to ignore the ads, unless you are looking for what they are advertising. Most ads are written to influence your decisions to buy something, or to create a desire to buy. It is up to you to control the influence of ads. Though it is
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Starting Out In recent years, the housing market has become very difficult for first-time buyers. In fact, first-time home buyers only make up 21% of current home sales, per NerdWallet. And since home prices have risen so much, the average age of first-time home buyers has risen from 28 in 1991 to around 35 to
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Financial Segments Most of us think of our personal finances as money in and money out. However, if you hope to have any control over your money, you need to consider as many segments as possible. Obviously, some people will have more segments than others. As I hope to help you build a better mindset
Separate Your Finances Read More »