Are you frugal? Are you trying to become more frugal? Saving for a trip? Trying to build wealth while on a tight budget? Here’s a few simple tips that could help you save a bit more. Buy a lunch box and use it! I recently calculated that my lunch Read more…
Reoccurring costs can be hidden expenses every month which make us poorer Do you have a buddy who has tons of subscriptions? He pays for Netflix, Hulu, HBO, and has a rock gym membership and Amazon prime? All of those could easily cost the guy $120 or more per month! Read more…
Tax Advantaged Wealth Building – A simple guide In working towards a goal of building wealth, there’s a few ways you can speed up your path to wealth – earning more through entrepreneurship, building higher valued skills, or taking on more risk with investments are all ways we can build Read more…
Wealth Building is simple, invest early, invest often, invest consistently, and stay the course. The reality with building wealth is incredibly simple – compounding interest and time. If we continue to do invest in index funds and take advantage of tax-free investment options, wealth building is simple! Imagine getting 8% Read more…
Bonds are not as bad as they seem I see a lot of social media posts that say bonds are drags on accounts and will only lose value over the next decade or so. It’s true that we have been in a long term bull market for the last 40 Read more…
Can bringing your lunch save you $2,000 or more dollars per year? Let’s begin with a bit of backstory. I started my career off at Goldman Sachs working in the foreign exchange department fresh out of college. I was making pretty decent money for a young grad and had very Read more…
ETFs and index funds Exchange traded funds, or ETFs as they are commonly called, are often a great way to track a collection of securities such as stocks. These can often track an underlying index of some type – like how the Vanguard FTSE Europe ETF (VGK) tracks the FTSE Read more…
FIRE, the goal we should be striving for The goal, in my opinion, that we should be striving for is called FIRE. FIRE stands for financial freedom, retire early. It sounds a lot like what it is, people attempting to save as much as they can in order to gain Read more…
Credit Cards for Everyday Use In general, our philosophy with credit cards is to get the best deals – like most people. However, we picked a few credit cards that we think are the best of the best for 2021. These cards have no annual fee, no usage requirement, and Read more…
The shortest summary of A Random Walk Down Wall Street: TLDR: “Market prices are so efficient that normal investors are better off buying and holding index funds than attempting to buy and sell individual stocks or actively managed funds.” A somewhat longer summary: A random walk is accepting that Read more…