People talk about “net worth” but how do you actually find it? In this post, we’re going to look at net worth and why it’s helpful. We’ll also look at its one major downside of net worth. Let’s start with the definition. Net Worth Definition Net worth is what you own minus what you owe,Continue reading “How to Find Your Net Worth and Why It Matters”
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The Problem with “Pay Yourself First”
You hear the phrase “pay yourself first” all the time. I agree in theory, but when we look at it deeper, how does that affect other areas of your financial life? Is the “pay yourself first” mentality really the best way to make progress with your money? “Pay yourself first” is a frequently used phrase to justContinue reading “The Problem with “Pay Yourself First””
The Hidden Opportunity Cost of Every Purchase
Imagine you’re driving to work and realize you completely forgot your 20¢ iced coffee at home. I guess you gotta snag a quick cup of joe from the Starbucks on your way. As you creep forward in the drive thru, you notice the price for a cup of their signature Pike Place is now $34. OhContinue reading “The Hidden Opportunity Cost of Every Purchase”
Bale Financial Coaching 