Our friends Dow and Jones sure are sensitive fellows, aren’t they? They hear one thing in the news and then you can’t control what crazy stuff they’ll do. When you begin to feel the rumblings of a market crash earthquake, what’s the first thing you do? That’s why we have to prepare! I’m not talking financialContinue reading “How to Prepare for a Market Crash Before It’s Too Late”
Tag Archives: Retirement
Financial Coaching: How It Works and Who Should Get It
What is a financial coach and how is it any different than a financial advisor? In this post, we’ll break it down. Then we’ll cover who should get financial coaching and how it works. Spoiler, I don’t think coaching is for everyone. I don’t even think it’s for everyone who has financial problems. Financial AdvisorContinue reading “Financial Coaching: How It Works and Who Should Get It”
How to Find Your Net Worth and Why It Matters
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”
How Much Do You Need to Invest for $1 Million in Retirement?
We’ve talked about investing and retirement, but what’s the magic number you need to have saved by the time you retire? And how much do you need to invest per month to hit that number? Is retirement actually a myth? What you need in retirement is going to depend on a number of variables. HowContinue reading “How Much Do You Need to Invest for $1 Million in Retirement?”
401k vs IRA: What You Need To Know About Each for Retirement Savings
When it comes to retirement, I’m sure you’ve heard all the letters and numbers: 401k, IRA, 403b, TSP, etc. Confusing, right? What’s the best one? That’s why today we’re going to look at two of the most popular — the 401k and the IRA. We’ll look at the pros and cons of each so youContinue reading “401k vs IRA: What You Need To Know About Each for Retirement Savings”
7 Reasons You Need a Budget in 2021
Hello and happy Monday! It is a happier Monday than normal given Christmas is this week! I find a lot of people think a budget isn’t necessary for them. They’ve got things under control despite 79% of Americans living paycheck to paycheck. So for that reason, here are 7 reasons I believe budgeting is essentialContinue reading “7 Reasons You Need a Budget in 2021”
I Started a You Tube Channel for Personal Finance!
Hey all! Happy Friday! I wanted to let you know, I have now started a You Tube channel to add to the blog! Watch the first video below! I’m really excited about this because I like making videos and I find it’s a little easier to entertain through video than through writing. I’ll be attemptingContinue reading “I Started a You Tube Channel for Personal Finance!”
5 Simple Ways to Avoid Lifestyle Inflation
Have you ever received a job promotion or a raise and thought “Oh sweet, now we can eat out more frequently!” I have! Just a year ago, Bailey was in school and working very part time at a local mall. We lived frugally so we could save for a house and tuition at the sameContinue reading “5 Simple Ways to Avoid Lifestyle Inflation”
I’m Co-Leading a Financial Peace University Class this September!
Hello hello! I’m pretty excited to share that in September, I will be co-leading a Financial Peace University class at our church! For those who don’t know, FPU is a 9-week class created by Ramsey Solutions. They designed it to help people pay off their debt, build wealth, become financially independent and be unbelievably generous.Continue reading “I’m Co-Leading a Financial Peace University Class this September!”
3 Ways Giving Impacts Your Soul
Growing up, my parents paid us kids for chores we did around the house. We always called it an allowance but now I understand it was more of a commission — we didn’t get paid unless we did the work. Regardless, when the highly anticipated payday arrived (yay, $1.50 in the BANK!), my parents wouldContinue reading “3 Ways Giving Impacts Your Soul”
Bale Financial Coaching 