Net Worth / The Engine
Your balance sheet and net worth combine to form the snapshot of your financial health. Not only can this tell us where you currently are on your financial journey, it can also show us the most effective way forward.
The 1% bump
As our lifestyle costs increase, finding ways to increase retirement savings can be tricky. Fortunately, with the right strategy and behavior, you can create a plan to do both. Read about how MSG Saver, a retiring servicemember, made the 1% method work for him. Start small, start early, and bump regularly.
7 Common Investing Mistakes
When seeking ways to beat the market, there are limitless ways to pursue exceptional returns. The irony is, for every tip and trick that exists, there are just as many examples to show that these strategies never beat the market over time. There are, however, plenty of sure fire ways to lose money in the market. Here are seven of the most common.
7 Habits of Financial Success
When pursuing any goal, maintaining simple, repeatable habits is the key to achieving long term success. Pursuing financial success is no different. Here are the seven most common traits shared by financially successful people.
Safety, Status, and Legacy
Prodigious savers have many reasons for achieving financial success. While these reasons can be limitless, they can all be filed into one of three main categories. Read more to discover how these savers found success and what ultimately inspires us to save.
What Exactly are Unrealized Capital Gains, Anyway?
Recently you've probably heard about the idea of paying taxes on unrealized capital gains.. This idea has had some polarizing reactions and opinions, but what does the idea mean and what are unrealized capital gains, anyway? Read to learn more about the different parts of this idea and how it may work.
Your Pension and Your Portfolio
A pension payment for life is a wonderful benefit that can help you achieve your retirement goals. However, ignoring this benefit when deciding on your asset allocation can leave you underexposed to risk/return and overexposed to inflation.
Don’t Over-Roth Your Retirement
Roth accounts are a wonderful way to control taxation on your retirement savings. There are many reasons to choose a Roth, but can too much be a bad thing?
What Are You Saving For?
Saving money should have a purpose. Here are four common goals worth saving towards; some of which you might not be doing.
Paying off your home early? Let the market do it for you.
If you are considering paying down your mortgage and have a low interest rate, the common wisdom of the 80’s might not serve you well. Instead, think outside the box and find out how the market could help you achieve your goal faster.
Snowball vs Avalanche; choosing the best way to pay down debt
When it comes to paying off your debt, there are ways to save you time and money. The Snowball and Avalanche methods are incredibly effective in their own way. Find out which method might work best for you.
The What, How, and Why of Rebalancing
Over time, investments in a portfolio can outperform others, resulting in a different allocation than originally created. Not only can regular rebalancing bring your portfolio back into focus, it can also fight volatility along the way.
Dollar Cost Averaging
Dollar Cost Averaging can help us accept risk, change the way we feel about volatility, and nurture the behavior of financial success. The good news: you’re probably already doing it.
Risk Realized & the Goal Window
When it comes time to sell your investments, volatility can turn into real risk; risk of falling short of your goals. A goal window can provide you some flexibility in pursuit of your dreams.
More on Risk - The Wiggle
Feelings about risk are real, but when we look practically at risk as a balance to the growth we seek, we can avoid the fear of loss and accept the wiggle as a part of the journey.
About Risk
Risk is an inevitable part of your financial plan. How we feel about risk can affect our ability to ride out the treacherous journey and ultimately achieve our goals. Understanding risk tolerance, loss aversion, and how risk makes growth possible can make risk more palatable along the way.
The Savings Cascade
“The next best place” to put your money is not always clear. Following the steps in my savings cascade can help you decide.
Financial Discipline: The Greatest Form of Self Care
Financial discipline is a gift to tomorrow-you. A gift to be opened and enjoyed whenever needed or forwarded and compounded for years to come.
Passive investing - the chutes and ladders path to prosperity
Why passive investing should be at the heart of your financial goals.