Category: Saving & Emergency Funds Strategy
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Off the Top: Creating Wealth Needs More Than Leftovers
Most people’s journey to building significant wealth will stall, falter, or move painfully slow. It is not because the desire is not there. It is because their order of operations is backwards. Instead of taking money off the top to build wealth, they try to use the leftovers if there are any. Think of it Read more
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BAM: Bad Financial News Hits Just When Life Was Perfect
There is a strange rhythm to life. The moment we finally start to breathe easy, then boom some bad financial news comes in and knocks the wind out of us. Financially, it is almost a universal experience. We move from comfortably cruising to panic mode in the span of a phone call, a headline, or Read more
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Ways I Save Money: Simple Habits That Add Up
I get it saving money can feel overwhelming, like you need to make huge sacrifices or follow complicated plans. Some days, you just don’t feel like sticking to the plan. Other days, no matter how hard you try, you end up spending more than you’d like. But the truth is, small, consistent habits for saving Read more
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Lifestyle Creep: How to Avoid and Keep More of Your Money
What Is Lifestyle Creep? Lifestyle creep, also called lifestyle inflation, happens when your spending gradually increases as your income rises. Instead of saving or investing your extra earnings, you start upgrading your lifestyle in ways that seem harmless at first. To protect your finances and reach your long-term goals, it’s important to avoid lifestyle creep Read more
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Savings and Emergency Funds: Your get out of Jail Free Card
There’s a saying that the only constants in life are death and taxes and while I generally agree with that assessment, I’d add one more: the unexpected expense. Looking back on my adult life, it feels like no matter how well things are going, some unforeseen cost always appears at the worst possible time. For Read more