Budget Now—Reap the Rewards Later
Key Takeaways Not having a budget is one of the leading causes of financial stress. Good budgeting comes down to having a handle on your income coming in and your expenses going out. I have three simple but powerful rules for budgeting (see below and related video above).
To Rent or Buy?
Key Takeaways Owning a home gives you great peace of mind, but it comes with a lot more responsibility than renting. Budget 1 percent of your home’s value each year for routine maintenance. Using a rent versus buy calculator is a good start, but it won’t account for the emotional satisfaction (or stress) of being […]
Structured Beauty
Key Takeaways If nothing else, young adults should understand their balance sheet, cash flow and taxes for a happy financial life. Remember to always save first, spend second. As you get older, your assets grow and so do your expenses. Never take your eye off the big picture (see the first two takeaways).
3 Millennial Money Myths
Key Takeaways Position yourself as a “corporation of one.” It can be far more valuable and satisfying than simply getting a job. Credit cards and debt are not necessarily bad. You want to establish good credit now and show you can manage debt responsibly. Owning a home is not the American dream if it doesn’t […]