Once you know how to save money , you can start stacking those savings to buy real estate and businesses or invest in long-term wealth-building investment accounts. But, without a steady stream of savings coming in, you're tr...
A financial plan puts you on the path to long-term wealth and a life rich in time freedom . So why don’t most Americans have one? Everyday workers are often so focused on paying bills and having a sliver of time to relax that...
Retirement planning is something best started early on. The more time you give yourself to invest, the faster your accounts can grow, giving you early financial independence well before the age of sixty-five. But what are the...
If you talk about how to avoid taxes , most people will think you’re doing something fishy in the eyes of the IRS. Very few know you can use the tax code to massively lower your year-end burden , all while making an ordinary ...
The house hack strategy doesn’t always run smoothly. Turning an old home into a modern, rentable masterpiece takes money—especially if you’re doing a big renovation. One of the easiest ways to get the rehab funds you need? A ...
For the past decade, Giving Tuesday has been a way for everyday Americans to donate their money, or time , to charities and causes that help collectively make the world a better place. Whether it’s a little or a lot, we’re en...
The cost of raising a child is constantly changing. Every year, a new article comes out claiming that the cost of raising a child is hundreds of thousands of dollars . But is this figure accurate? Could kids actually cost far...
Tech stocks were slam dunk investments for the past decade. No matter what you invested in—Google, Facebook, Amazon, or even some obscure AI toaster company—you probably made decent returns . But, after years of continuous ec...
Travel hacks, spending hacks, medical hacks . If there’s one thing that Chris Hutchins has learned from hosting the All the Hacks podcast, it’s that everything is negotiable. You can travel to over sixty countries for (almost...
You’re one bad real estate investment away from being cash flow-poor and debt-rich . That’s right, not every investment property works out, and when leveraged the wrong way, a single property could put your financial future o...
What should retirement planning look like? How can I invest if I am still paying off student loan debt ? What makes a perfectly diversified portfolio ? And when is the right time to pay off my rental properties ? We went to t...
With so much going on—a recession , rampant inflation , rising interest rates —overcoming your money fears can be more challenging than ever before. The world is changing, and many of us feel like we’re being swept along with...
Stock market crashes aren't good news for anyone. For retirees though, this dip in prices can feel like a death wish, as active income is no longer an option. Have the hopes and dreams of financial flexibility gone out the wi...
Margin loans , medium-term rentals , and potential mortgage rate mistakes summarize what Carl and Mindy have been up to over the past couple of months. It’s been a minute since we’ve checked in on the ever-frugal Jensen famil...
The new vs. used car debate has been going on for as long as automobiles have existed. For almost the entirety of time when cars were being bought and sold, it seemed like a responsible, frugal decision to buy used , save up ...
Unless you’re a money nerd, knowing how to start investing from scratch isn’t as easy as it seems. With so many options out there and the economy faltering , how do beginners avoid getting burnt? Is something like real estate...
Dollar-cost averaging —you may have heard the term before, but maybe not its implications. According to Nick Maggiulli , it’s probably the easiest way to get rich with stocks, real estate, or really anything else. But what ab...
Taking a sabbatical from work requires a few things: time , money , and the willpower to do some soul-searching. Most people think that they can’t take any more than two weeks of the year off work . They rack up excuses, blam...
We know financial freedom is possible for those in their 20s and 30s, just starting their careers, without children and serious financial obligations . But what about those getting started on their journey in their 40s and 50...
Everything you’ve been hearing about social security is a lie . For years, mainstream media and many financial figureheads have said that social security is on a fast track to bankruptcy , with no money left over for American...
The 2022 housing market doesn’t make a whole lot of sense. At the start of the year, competition was fierce, with bidding wars on every home and lines out the door just to view an open house. Now, in quarter three of this yea...
Financial independence isn’t for everyone. That comes as a surprise for most of us within the personal finance community. Whether we like it or not, the “ save, invest, and grind ” until you can retire early lifestyle isn't a...
Katie Gatti Tassin from Money with Katie had her “ financial awakening ” earlier than most. She saw the middle-class wealth trap of working, spending, and repeating for what it really was. This cash-gobbling cycle is one that...
Over the past two years, short-term rental investing has become a financial lifeline for those that are trying to make extra income. A small one or two-bedroom basement, garage apartment, or mother-in-law suite brings in enou...