Have you ever heard of the “fresh start theory”? It’s basically a theory that people are more likely to tackle and achieve their goals if they begin them on a landmark date ... Like the 1st of the month, their birthday, January 1st, or any date of significance. Landmark dates are motivating. They mark the exact date when you stop being the old you, and start being the new
Money Management
HM Bradley: A 3% Interest Checking Account Based on your Savings Rate
I just learned about a cool new bank called HMBradley. It could be a great tool if you are currently building up an emergency fund, saving up a down payment for a house, OR, if you want to earn a decent interest rate on an existing pile of cash! HMBradley offer a 3% interest rate on a regular checking account (increased to 3.5% if you carry/use their credit card also!).
Bad Excuses to Spend Money 💵 🤷♂️ 💵
What’s worse than watching your friends spend money on crap they don’t need? I’ll tell you... It’s hearing them afterwards try to convince you why their purchases were actually good choices! My buddy recently bought a brand new Audi A4. Very sleek and sexy car. And while I’m really stoked for him and want him to enjoy the finer things in life, his reasons for the purchase
Sequence Of Returns Risk – Why You Should Care
Sequence of returns risk? Sounds like something only old, rich, retired people have to worry about... As long as I save up 25X my annual expenses and hit my FI number, I never have to worry about money ever again, right? Wrong. Sequence of returns risk is the No. 1 risk that can cause early retirees to run out of money. So pay attention my young FIRE friends... this stuff
The “Great Wealth Transfer” Has Begun …
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
The 100-Day Financial Goal Journal!
Morning, friends!!! Welcome back to everyone who wasn't scared away from yesterday's post! ;) One of my favorite Canadian bloggers just released an AWESOME new money journal out there, and wanted to make sure y'all were aware of it as it looks pretty good! And unlike other typical $$$ journals, this one helps you to *hone into* more specific goals to shoot for, and then
Budgets are Sexy? Budgets are NECESSARY!
[Morning! My man 5 AM Joel stops by the blog again today to share his recent thoughts on budgeting through these wild times we're living in... Maybe it's a good time for you to touch base with your long lost budget too?!] ******* I’ll be the first to admit... I’ve been slacking off on my budgeting the past few years. J. Money would be very disappointed in me :( It started
Do you feel more prepared having lived through 2008?
Caught this stat in my draft folder and it hit me harder re-reading it now than it did in November! From a survey by real estate investing startup, Concreit: "Over half of millennials feel "more prepared" for next recession having lived through 2008" Over half! Not bad! It would be interesting to see how these same people are feeling NOW as we're currently in the thick
How’s everyone’s Net Worths going?!
A pretty slick comeback yesterday! But wasn't so hot days earlier when I finally logged in to update it... Here was a live action shot of me at the time, lol: The numbers didn't come out good, but they also weren't TOO terrible?! I think I always build it up WAYYYYY too much in my head that everything's crashing and burning and I'll log into like 50% down
Are you cool with stores going cashless?!
Morning! Lots of talk lately about stores going completely cashless, and wondering where you stand on this? Are you a big cash and coin lover like me, or do you say good riddance to it all?! Here are some of the major pros and cons that are making businesses think twice: Pros to abolishing cash: It's more convenient for everyone It's faster to process
