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”

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?”

Myth-Busting: Here’s How Tax Brackets Actually Work

Happy Monday! What am I saying, I’ve got a huge project due at work today. Well, I hope you are having a happy Monday. Regardless, thanks for joining me. I don’t take a single reader or follower for granted. Alright, let’s talk money myths. Last year, my cousin and I were talking about money whileContinue reading “Myth-Busting: Here’s How Tax Brackets Actually Work”

The 7-Step System Proven to Financially Set You Free

Today, I’m going to share with you something about which I’m very passionate! When it comes to helping people get out of debt and get ahead with their money, it’s hard to beat the Baby Steps. What are the Baby Steps you ask? It’s what millions of people worldwide will attest to helping them getContinue reading “The 7-Step System Proven to Financially Set You Free”

Budget How-To: The Blow Fund

This week we covered a sinking fund. Basically, it’ just a section of the budget for setting aside a certain amount of money per month in preparation for a predictable expense. A couple examples we used were anything from Christmas savings to saving for a house or car. Today, we’re going to look at aContinue reading “Budget How-To: The Blow Fund”

What You Need to Know about the Payroll Tax Holiday

Payroll tax: That’s what your employer withholds from your every paycheck to send to the government. If it weren’t for your employer withholding this, you would have to shell out your entire tax payment come April 15th. Needless to say, payroll tax withholding is nice because it takes the confusion out of paying taxes (ok,Continue reading “What You Need to Know about the Payroll Tax Holiday”

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 Tools to Help Guide You Towards Retirement

Happy Resource Friday! I love talking finances. The only thing I like more is having easy-to-use tools for making finances as effortless as possible. Personally, I believe that mastering finances is one of the building blocks of life. When we don’t have financial issues, stress is decreased in so many other areas of life —Continue reading “3 Tools to Help Guide You Towards Retirement”

How to Reduce Stress with an Emergency Fund

Here at Master the Simple, my goal is to help you become an expert of the small stuff so that the big stuff actually becomes manageable. Finances are somewhat of a bedrock for much of life. It’s not everything, but becoming proficient in finances will diminish plenty of unnecessary stress in the future. One wayContinue reading “How to Reduce Stress with an Emergency Fund”