Is it possible to be too good of a saver? In the past I only saw being a great saver as a wonderful trait. Spending less than you earn, keeping a fund for all those rainy days, those are really good ways to reach your financial goals, right? What I’ve come to know is that even our best traits can ... Read More »
Don’t Set Up an Emergency Reserve — Do This Instead
Why do I think an “emergency reserve” is a bad idea? It’s not that I think having a cash cushion is bad. I think it’s really a good thing to have. When there are available funds when you need them, this is a really good thing. It keeps people from using credit cards at high interest rates or needing ... Read More »
How Do You Balance Enjoy Today and Save for Tomorrow?
I recently saw an old Jerry Seinfeld bit on Night Guy and Morning Guy. He perfectly explains how Night Guy is always screwing Morning Guy by staying out too late. It made me think about how it could just as easily be Spend Guy and Save Guy (or Gal of course). Spend Guy is great at living for ... Read More »
Do You believe these Money Myths too?
There is so much personal financial information available. There are books, podcasts, web sites, even entire television networks dedicated to financial information. Great ways to get smart about money? Well yes, in moderation. I’m sure you’ve experienced that too much can be overwhelming and ... Read More »
5 Questions to Guide your Post-stay-at-home Rebound
Have you noticed how your spending has changed during this time? Lots of people are spending less because income is way down, others because they just can’t spend in the same ways. Our family is spending less on just about everything except groceries. With both kids back at home (and super healthy ... Read More »
