by Damian Dunn | May 28, 2020 | Budgeting, How-to Budget, Psychology of Money, Savings |
Simplicity, so said Leonardo da Vinci, is the ultimate sophistication. And while you may think that having multiple bank accounts is the opposite of simplicity, it can be a powerful way to help you achieve your financial goals. The trick is to have a banking strategy...
by Damian Dunn | May 6, 2020 | Psychology of Money, Savings, Spending Habits, Trending Topics |
I very much hope that you have an emergency savings account. I recognize that not everyone does, but if you do… Let’s talk. There is an interesting area of behavioral economics research that suggests that when some people face a financial emergency, they...
by Brent Lyle | Nov 26, 2019 | How-to Budget, Savings, Spending Habits |
Dear Team, My brother works in a factory. He makes good money, but it’s very hard work. Once or twice a year the plant will shut down for a week, usually for scheduled maintenance. Though the break is great for his physical and mental health, these are not paid days...
by Gayle Evezich | Nov 14, 2019 | How-to Budget, Savings, Spending Habits |
Having a stash of money for emergencies is one of the most important steps on the road to financial success. An emergency fund reduces stress and can help you avoid financial disaster when unexpected expenses pop up. With emergency funds, you avoid accruing debt when...
by Nicole Frankowski | Jan 24, 2018 | Budgeting, Retirement & Investing, Savings, Savings
I focus so much on financial triage, that sometimes I forget to share the basics of saving and investing. Today I want to show you exactly how you should save money for the short-term, mid-term, and the long-term. So here is the Step by Step instructions on how to...
by Nicole Frankowski | Nov 30, 2017 | Basics of Investing, Budgeting, Retirement & Investing, Savings, Savings
I’m making a giant assumption here. I’m assuming you are contributing, or working toward contributing, $18,000 of your income per year to your long-term financial goals. And by long term financial goals, I mean retirement. And by retirement I mean post 59 1/2 years...
