A major component of success is having the willpower to actually do something. This is certainly true in regards to personal finance, but it is also true in many other facets of life. And of course, since it is such a major component of success, it also tends to be one of the more difficult …
Category Archive: Preparation
Apr 10
Life Insurance: What, Why, and How Much?
Life insurance is one of those things that we would rather not have to think about. It reminds us that life is finite, and that no matter how careful we are with our driving, our health, our habits, etc. we only have limited control over when we die. It’s a rather sobering thought. Even more …
Mar 28
The Costs of Raising Baby: Medical Care
Today’s post is the fourth in the ‘Cost of Raising Baby’ series. So far, we’ve covered formula, diapers, and clothes. This post will cover the costs of medical care, from the moment you find out you’re pregnant to your child’s first birthday. We’ve actually spent more on medical care than anything else. Insurance What you …
Mar 17
Why You Need an Emergency Fund
There is a lot of financial advice out there that a lot of people just seem to ignore. Maybe they just don’t feel like the advice is important or worth the trouble. Maybe they agree that it’s good advice, but they don’t feel that they’re in a financial position to follow it. One such piece …
Mar 09
Your Financial Journey: Step 2
Yesterday I discussed the first step in getting your financial journey started, which was determining your current financial position. Today I’ll cover step two: Determine where you want to be. What are your financial goals? This seems simple enough. First determine where you are and then determine where you want to be. A lot of …
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