Financial Planning

Saving money is hard. And there’s a very simple reason for that. It’s a mentally challenging exercise to deprive yourself of indulgences for the sake of a seemingly far off reward — even when you know the results are important. The good news is, there’s a hack for that. Money saving challenges.

Furnishing your home can be expensive, but it doesn’t have to be! There are a number of brilliant ways to furnish your home on a budget without sacrificing style or quality. Follow along as we outline some of the best strategies for saving money while you decorate your home.

Passive income (or residual income) is money earned with little or no active involvement. Simply put, passive income does not require you to trade your time for money. Once a passive income system is in place, it should earn money for you with minimal tending or maintenance on your part.

Each year, $408 billion in food is thrown away in the United States alone, and food waste in homes makes up about 39% of that total. Yep, that’s right. Americans throw out just under $160 billion of the food they buy, every year. That’s a heck of a lot of food wasted, and along with […]

Food shopping at grocery stores is an exercise of convenience. While our forebears hunted, gathered, or farmed whatever they could to get access to sustenance, we stroll through conveniently labeled aisles, scan through an abundance of options, and handpick whatever grabs our fancy. But by thoughtlessly leaning into this easy access, many miss out on […]

Most of us are looking for ways to cut costs. Sure, we can turn off the lights during the day to save on electricity, or bike to work to save on gas, but food?! We need food. We can’t eliminate this expense outright. It is, however, important to ask ourselves: how much is our food […]

Maybe you’ve found yourself in need of unexpected car repairs. Or maybe your daughter is begging for that tricycle she spotted in the store last week. Perhaps you simply want to make an extra few hundred a month to pay the bills. There are all sorts of reasons you might need 100 dollars now, and that’s […]

If you or someone you care about is concerned about qualifying for a home loan, co-signing a mortgage with help from a non-occupant co-signer may be an option to help with financing.  Prospective homeowners with small down payments, high debt-to-income ratios or credit score issues may have difficulties getting a mortgage on their own. However, […]

Every year the IRS makes tax code changes to income tax brackets and rates. The adjustments consider the impact of inflation and help to prevent something known as “bracket creep.”

Do you have goals you’re currently saving for? If so, do you feel like you’re making significant progress? If you don’t have savings goals, what’s holding you back? February 21-25 is America Saves Week, which is a chance for us to reflect on our current saving habits and make changes to improve our financial health. […]