I strongly believe in utilizing investment property to supplement your income and diversify your wealth. If you do not want to be dependent on Social Security income in retirement, investment property is a great way to lessen that dependency. It…
Why Businesses Succeed and Households Struggle After more than three decades working in some type of finance role, I have come to learn what makes businesses successful — and what makes businesses fail. The companies that survive and those that…
Introduction Building a budget is critical as I talk about in Budgeting 101. Tracking your actual expenses versus that budget is also critical. While these steps are crucial, they don’t serve much of a purpose unless you modify your behavior…
So much of the country is living paycheck to paycheck. In my opinion, one of the contributing causes is the way people view their checking account balance. If you are like most people, you log into your bank account or…
Introduction: Budgeting Made Simple At BUDGETING 101, I speak to how important it is to budget your expenses on the path to building savings. I personally budget my life across 30 items (personal savings, college fund, auto repairs, food, entertainment,…
Why Budgeting Matters Budgeting is most often viewed as a means to allocate one’s income to monthly expenses. You might view budgeting separately from saving, but they go hand in hand. How can you properly plan to save if you…
