Pete the Planner: Why does ‘extra’ money feel so disposable?
My immediate inclination is that the found money feels like a gift.
My immediate inclination is that the found money feels like a gift.
You have two primary options: Refinance to a fixed rate mortgage or move.
Buying life insurance is not fun. It requires you to formally acknowledge your mortality, relinquish a few vials of blood, and part with dozens of dollars each month.
In order to account for both inflation and increased consumerism, I’ve decided to track my spending by actually tracking my savings. In other words, I took a look at what percentage of my income I was actively saving.
I’ve determined that a person’s ability to apply urgency in less-than-imminent situations is what puts that person at a distinct advantage.
I am interested in exploring how the main problem might get worse because of this forgiveness plan.
There’s some prudence in your discernment. But my gut tells me your consternation is present due to the lack of communication.
I lived in a world of blissful ignorance. So does your husband.
One of the biggest mistakes I see parents make with their college-funding investments is ignoring time horizon.
I would not even consider retiring until your spending matches your projected retirement income for at least six months.
I’ve found myself making more decisions like this in the last six to eight weeks, and I’m hoping you’re starting to make these types of decisions too.
In order to determine how susceptible you are to making a mistake here, simply examine your relationship with gift cards.
In a professional setting, a trusted relationship can take an otherwise risky proposition and turn it into an enjoyable experience that helps you achieve your goals more efficiently.
Sometimes the realization that certainty doesn’t exist disguises itself as failure.
I’ve always likened financially weaning adult children to the moment you taught the same children to ride their bikes without training wheels.
Unfortunately, comparing ourselves to others doesn’t stop when we matriculate through elementary school. In fact, it gets worse. And at the root of the comparison, you’ll most often find money.
Your goal should be to make sure your major-purchase timelines are flexible enough that the supply-and-demand factors fall in your favor and don’t back you into a suboptimal outcome.
Most people don’t spend enough time scrutinizing how much capacity for risk they have.
Personally, my top three career accomplishments have nothing to do with money.
If you want to make a giant impact on the life of your young person, talk to them about reality.