The housing market is on fire right now. You might have heard that there’s a housing shortage. Along with that, interest rates are at record lows and there’s a push for remote working. With all those factors combined, people are selling high, buying high, and willing to pay more to get a home. In my neighborhood, homes for sale don’t stay on the market long and people are selling at a high price. This triggered a discussion between my wife…
Reaching financial independence (FI) isn’t easy. No one should ever think that it is not will it be quick. I was at me dentist appointment and was taking with the dental technician. We got to talking about work and the economy. She was thinking about moving closer to the dental office but the housing was too high even to rent. I told her about a couple of things I did that helped me to afford housing which she has actually…
Expenses are the things you spend your money on. For example, food is an expense. If you have a car, car insurance is an expense. If you rent an apartment, monthly rent is an expense. If you eat out, that is an expense. And the list of expenses can go on and on and on. If your expenses are more than your income, you’re in negative territory. If you are breaking even, you’re living paycheck to paycheck. If you’re income…
We come across opportunities available to us each and every day. We need to take off our blinders and notice them. Opportunities can be knocking on our door but it’s up to us to open that door. Once opportunities are gone, they may not come again so make sure to seize each opportunity. What opportunities am I talking about? It could be anything that helps your career, your relationships, your friendships, your financials, your network, your knowledge, your exposure, your…
Finances has always been a personal topic and many of us don’t openly discuss it even amongst family and close friends. It’s like some taboo that we can’t discuss finances yet we can comfortably talk about everything else. If we never talk about it, how do we get to understanding it more? Do we have a fear of trying to understand finances and is that fear holding us back? Up until I got married, I never took the time to…
Where you should invest your money in is always a great question and two types of stocks you can invest in are growth stocks and income stocks. Growth stocks are stocks that are expected to continually grow. Income stocks are stocks that provide a consistent income stream. Which one should you invest in? Growth stocks refer to companies with growth potential. Where there is growth, there is growth with stock prices. These stocks tend to experience volatility however investors will…
I love Costco! It has almost everything I need and want at a great price. But I can’t figure out why I leave Costco with a $300 or $400 receipt every time I shop there. If you experience the same problem, you’re not alone. Many of my friends say the same thing and many out there posting on forums say it also. Costco is definitely doing something right when it comes to luring you into buying their items. I’ve read…
We all want instant gratification or instant pleasure. It makes us feel good and puts us in a good mood. Just like taking a spoonful of ice cream, the first spoon is always the best…instant pleasure. It makes us feel good now but the more we consume it, the worse off we’ll be. If you continue to eat ice cream all the time, you’re likely going to add some pounds on you. Don’t sacrifice your future for today’s pleasures. Instant…
Planning for vacations take time and effort. It also takes time to accumulate rewards points for you to use if you want to try and save some money. Although this summer is just starting, start planning for next year’s summer vacation. The quickest way to accumulate rewards points is to open credit cards with a promotion and meet the spending qualifications. For example, at the time of me writing this article United has a credit card that is offering 100,000…
We’ve been exposed early in our life about goals, aspirations, and trying to reach our dreams. We all probably heard that in order to reach our goals we have to work hard to get it. Not only work hard but we have to make a plan how we get there. Whether you have goals to get into a certain career field, a certain position, opening a business, make a certain amount of money, or whatever you have aspirations for, these…