You didn’t really need a new year to have a fresh start but you’ve got it, so you might as well take advantage of it. The beginning of a new year is the time when many people vow to be better than the previous year and to start being more intentional about reaching their goals. Maybe you spent more than you planned on over the holidays. Maybe you didn’t quite reach your financial goals in 2018. Maybe you reached all your 2018 financial goals and you’re hungry to push a little further this year. Since the new year is time when people focus on setting goals and making changes, we can do the same in regard to our financial goals.
Goals
Is Saving Boring? Can It Be Exciting?
4 minute read
It’s that time of year where we’re thinking more about spending than we’re thinking about saving. Black Friday has come and gone, but retailers are still going to provide plenty of “deals” and advertisements to entice you to spend money during the holiday season. People are obsessed with getting a deal, even if it’s not really a deal but we think it is anyways. But, what if we were just as obsessed with saving our money?
Three Steps to Organize Your Finances & Prepare for 2019
4 minute read
When you’re working on a big project at work, having all of the data and all the documents that you need in one place makes your job a lot easier, leaves you less stressed than if you had to search for everything and get data from multiple different sources, and helps you to get the job done on time with accuracy. When you’re at home cooking dinner for your family, knowing where all of the utensils, dishes, and ingredients are makes things much easier on you and helps you to get dinner on the table when it needs to be. When you’re doing a project around the house, knowing where your tools are helps you get the job done efficiently without having to waste time searching for them.
Generate Momentum
4 minute read
There are 54 days until the new year. That’s 54 days that you can prepare yourself now and generate momentum to reach your 2019 goals. Start thinking about what you would like to accomplish in 2019 and develop a game plan of how you’re going to do that. Once you’ve figured out your goals and the steps that need to begin taken, start now! Generate positive momentum that will help make sure that you’re full steam ahead towards reaching your goals once the new year rolls around.
Why Wait?
4 minute read
“I can accept failure, everyone fails at something. But I can’t accept not trying.” – Michael Jordan
Binge Spending
3 minute read
A quick Google search tells me that I either may have just made that term up, or I have no idea what I’m talking about. Either way, I’m sticking with it. I’m not talking about Compulsive Buying Disorder (CBD), which is a mental health issue that can wreak havoc on your financial situation and that I’m not qualified to discuss. I’m talking about something that I’ve witnessed which is (hopefully) less impactful on your financial situation than CBD but could still have a negative effect.
Be A Doer
4 minute read
To me, there are “talkers” and there are “doers”. Usually people aren’t both. I like to think of myself as a doer (at least, I do my best to be a doer). Whenever I get an idea that I’m excited about and I think is worth acting on, I try to learn as much about it as possible within the shortest amount of time that I can and then execute it to the best of my abilities. It’s silly, but sometimes I actually get frustrated with people who I perceive as talkers – people who I hear continue to talk about things that they want to do rather than actually making them happen. This especially frustrates me when I feel like the thing they talk about doing could make their life much better, such as improving their financial situation or health, but they just won’t do it.
The Grass Is Always Greener
3 minute read
A handful of clients lately have been asking if we should become more aggressive in their portfolios and shift some of the allocation from bonds into stocks. If we think about this, we’d be doing exactly what we’re taught not to do: we’d sell the bonds at a low point and buy the stocks at a high point. Isn’t the old saying, “buy low, sell high”?
Increase Your Net Worth By 7,307% In One Year? It Can Happen.
< 1 minute read
Today, I’m going to take the opportunity to brag on Amanda’s financial progress. From July 31, 2017 to July 31, 2018, she was able to increase her net worth by 7,307%. I think that’s pretty incredible.
Want to Travel the World for 10 Months? Live Below Your Means
2 minute read
I love hearing stories from people who have been able to fulfill their dreams by being financially wise and living below their means. Last week, I spoke to a gentleman at the gym who told me a story about something that he and his wife did that I thought was amazing. The reason that they were able to accomplish such an awesome goal is simple – they live below their means.
