The personal finance community talks a lot about investing. We collectively cover the fundamentals, risks, benefits, and logistics. All of this is generally focused on investing money in the stock and bond markets. But is investing in the market the absolute best way to secure your financial future? I would argue that it isn’t. The […]
Archives for October 2017
Structuring Categories in YNAB to Simplify Your Tax Planning & Preparation
My posts about how I set up and use YNAB have quickly become some of the most popular articles on my blog. So today, I’m combining talking about two of my favorite personal finance topics: YNAB and taxes. Whether you prepare your own taxes (give yourself a pat on the back friend!) or you have […]
Historical Returns Don’t Predict the Future, But Your Behavior Does
Personal finance is said to be disproportionately more about behavior and significantly less about actually having the necessary knowledge. It explains why so many people don’t even have $400 to cover a small emergency and also why the majority of investors lag the stock market returns each year. If we go back to the absolute […]
All Income Is Not Created Equal
One of the most impactful first financial lessons includes the illustration of how compound interest works. Investing your money results in exponential rather than linear growth due to your earnings also earning money. There’s another very important lesson as well, though, that is often overlooked. This lesson centers on the varying potential for different types […]