This article is about The Great Wealth Transfer. But before we get to that, a quick hypothetical question to help me explain why this is so important ... What would happen if you took all the money in the world and split it up evenly across all the people in the world? Let’s say there’s $360 trillion in ‘wealth’ floating around the world right now, and we divided it up
Family Finance
6 Ways My Parents Taught Me Financial Independence
Want to teach your kids financial independence? Here's how mine did! “Hey Mum, this is my friend Daniel from school.” “Nice to meet you, Daniel, and welcome to our home! Joel, do you want to wash the dishes, hang the laundry, or vacuum the house?” “Ah, Mum... Daniel came over to play. Can I pleeeeease skip my chores today?” “Nope. If you live in this house, you must do
Investing With Family … the Good, the Bad, the Meh
Are any of you guys investing with family members or co-owning any assets with siblings? Like partnering on rental properties, businesses, and joint estates or lending them money? I’m not talking about your spouse or significant other … I mean investing with siblings, aunties and uncles, your parents or kids. I’m curious to hear your experiences and if you recommend it as a
Getting my wife on board with the FIRE lifestyle
[Happy Friday! Please enjoy more backstory on our man Joel who will be taking over the blog here shortly! See you back on Monday for one last week of hanging out together! :)] ******* It’s a common question in the personal finance community … “How can I get my partner on board with Financial Independence?” Tough to answer, because everyone’s relationship is a little
A *FREE* Legacy Binder on the scene!
Morning, y'all! So many of you know how much I LOVE Chelsea's "ICE" Binder she put out the other year ("In Case of Emergency" Binder) - aka Legacy Binder - that houses all the things someone would need to know about you/your finances/family/estate/etc in the untimely death of you or your significant other, so naturally when I saw this note come my way I immediately perked
6 More Ideas For Y’all
Mornin'! Here's a bunch more ideas for ya'll I've collected from around the community... Sadly no naked men in there for you, but you're welcome for that picture up there 😂😂 Let me know if you end up trying any of these out! ****** Framing the "art" your kids do on your walls! A reader sent this one in and it's HILARIOUS!! From
A Christian’s Perspective on Debt-Free Living
[Morning! Please welcome to the site today, Larry Thomas, who shares his financial recovery going through Dave Ramsey's baby steps program. If you can believe it this was actually a *comment* left in response to our post on 6 things Dave Ramsey is Wrong About, but had to share it here in the form of a blog post as I thought it made for an excellent counter-perspective. Here's
10 Ways to Help You Get Closer To Your Best Life
Morning!! So continuing our trend of sharing great ideas from the community this week, here's a handful more tips and ways to *think* about things differently today. More so around life and being a better person than finances, but of course they're all intertwined when it comes to Living Your Best Life. I hope you find something here that resonates with you!! If you
4 Great Ways to Spread Investments Around!
Been tagging some great ideas from the community lately, and can't keep them to myself anymore ;) Today I'll share some of the more financial/investmenty ones, and then tomorrow some of the lifestyley ones that really hit me. Maybe you'll find something that improves your life or someone's you love? ******* The "Dividends" Souvenir Whenever we go on a family vacation
It’s official – I’m a Minivan Dad!!
And boy, do I feel like a dad haha... One of the first things I actually noticed, but it's kinda cool! I AM a dad, and I'm proud to be one! :) I'm not sure it's my favorite car yet, but after a week of driving it so far it isn't the worst thing in the world... And my kids are obsessed with it! They literally ask to go with me EVERYWHERE now just so they can hang out in
