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The Guilt-Money Connection
It’s totally normal to feel guilty about money sometimes. A lot of us feel pressure to be financially successful and to have certain material possessions, and if we don’t feel like we’re meeting those expectations it can be really tough. But it’s important to remember that it’s okay to have mixed feelings about money – […]
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Book Recommendations for Business Owners and Entrepreneurs
Starting a business or growing an existing one can be a daunting task, but fortunately there are many resources available to help guide you along the way. One such resource is books, which can provide valuable insights and ideas for business owners and entrepreneurs. Here are five book recommendations for business owners and entrepreneurs: “The […]
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How to Profit from Recession
Recessions can be difficult times for businesses and individuals alike. While it may seem counterintuitive, there are ways to profit from a recession if you know how to navigate the market. Here are a few tips on how to do just that. Look for opportunities to buy low and sell high. During a recession, many […]
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Save Money with Your FSA (the deadline is 12/31 to use your funds)
Flexible Spending Accounts (FSAs) are a type of benefit offered by many employers that allow employees to set aside a portion of their pre-tax income to be used for qualified medical expenses. This can save employees money by reducing their taxable income and lowering their overall tax burden. FSAs are a great option for people […]
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Benefits of a 529 (and how we are using ours)
A 529 plan is a type of investment account that is specifically designed to help save for college expenses. These plans offer several key benefits that make them a popular choice for families who are looking to save for higher education. One of the biggest benefits of a 529 plan is the tax advantages they […]
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Sunday Mini Bagel Breakfast Sandwiches
Spending time with family on the weekend is one of life’s simple pleasures. It can be a great way to reconnect with loved ones, create lasting memories, and enjoy each other’s company. In today’s busy world, it can be easy to let time slip away and forget to prioritize spending time with family or even […]
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The Investing Favorite: Roth IRAs
A Roth IRA is a type of individual retirement account (IRA) that offers several key benefits for those looking to save for retirement. Unlike traditional IRAs, contributions to a Roth IRA are made with after-tax dollars, which means that the money you contribute has already been taxed. However, the money you earn in a Roth […]
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How to Start Saving in Your Emergency Fund When You Feel Like You Have No Money
When I was first starting out in my financial journey making less than $10,000 a year I made a lot of excuses and felt like there was no way I could start saving. But here’s the thing: I always found money for impulse purchases. That candy bar or the occasional lunch with a friend. A […]
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What does it mean to “max out” your retirement contribution? (Updated for 2022)
You may have heard people over the years say “I’m maxing out my [401(k)/IRA/other retirement account]!” But what does that actually mean? In this post I am going to break it down. “Maxing out” means you’re contributing the maximum amount to your 401(k). In 2022 that amount is $20,500. This max does not include employer […]
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What is Passive Income and Why Anyone can Add Hundreds or Thousands Monthly in 2022
Don’t believe those that tell you that it’s not possible to earn passive income or make a living off passive income. It is absolutely still possible to use passive income to have a little extra money or you can scale up to replace your income and live off passive income. In this video first I […]
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