I don’t have a million dollars just yet; in fact, I’m far from it! If I’m diligent with my savings, my retirement account will reach the big M, but what does that really mean in 30 years? The number itself doesn’t mean anything – the purchasing power of those dollars is what counts. I know […]
Going The Wrong Way? Poor Financial Decisions And How To Change Directions
Money is interwoven into many areas of our lives. It is no wonder that ‘going the wrong way’ financially, can have a direct and negative impact on us.
Managing The Miscellaneous Budget Category
The miscellaneous budget category can be one of the most challenging categories to manage and can turn your budget upside down if not carefully managed.
How To Plan For Long Term Income Loss
If you’re expecting to have long term income loss, no matter what the reason, this post is for you. I’ve found that if I write about the financial events occurring in my life, others will most likely identify and benefit from the discussion. In a few years time, my wife will be solely focusing on […]
Preparing For Difficult Times: When The Money Manager Is Unable To Perform Responsibilities
As the family money manager, I have an important responsibility which I never considered before last week. It’s a responsibility to insure my wife knows how to get access to all of our financial information and important documents immediately, if something ever happened to me. This is a serious topic many people don’t want to […]
Why You Should Save 3 To 12 Months Of Expenses In Emergency Savings
The large emergency fund or contingency fund is an important part of a good financial plan. Here’s why you should save 3-12 months of expenses.
