Budgeting

Readers, I need to tell you a story. It’s about a friend of mine, named Sam. I’ve known Sam for decades — since we were high school freshman together, actually. Unfortunately, Sam has never quite learned what it means to “live within your means.” Or, to say in inversely, Sam consistently lives well beyond his […]

“Life is really simple, but we insist on making it complicated.” – Confucius Personal finance is surprisingly simple. Live below your means. Invest for the long term. Keep at it. Prosper. Yet, we instinctively want to complicate the process because we can’t trust that something so important can be so simple. I mean, how can […]

Becoming engaged and getting married is an exciting time in anyone’s life. Like most couples who begin their lives together, you’re undoubtedly focused on your own version of “happily ever after.” The rush of being newlyweds is a terrific experience. However, don’t let it obscure those other important milestones in your life — the financial ones. […]

While most people have likely never heard of a sinking fund, it is a commonly used financial instrument. Simply put, a sinking fund is a fund containing money that has been set aside or saved to pay off a debt or bond. Companies that issue or take on debt need to pay off that debt […]