We just bought a house! We finally reached the apex of the American dream, or became enslaved by the “golden handcuffs” as some would say- HAHA! Regardless of your perspective on renting vs. owning, we waded into the world of home ownership last week, and will share our insights and financial strategies associated with this “mega” purchase as first time home-owners, as well as … [Read more...] about The 1/3rd Rule For House Buying You Must Follow
No Renter’s Insurance Cost us a Ton!
One of the worst experiences my wife and I have ever gone through was being a victim of a home burglary. Just typing the word “burglary” seems to underwhelm the emotional turmoil we experienced after we lost all our stuff. To add insult to injury, we lacked renters insurance. This mistake cost us thousands of dollars, and was easily avoidable. … [Read more...] about No Renter’s Insurance Cost us a Ton!
Have You Ever Tasted Elephant?
How do you eat an elephant? One bite at a time. If you’re reading this, you either have a huge freaking money mess or you know someone who does. The average American owes more than $200,000 (in mid-2015) on a median household income of $55,000. This puts our average debt to income ratio at 370%, which is worse than the citizens of the floundering country of Greece! … [Read more...] about Have You Ever Tasted Elephant?
The 7 Best Apps for Personal Finance
Smartphones have taken the popularity crown from the personal computer in a relatively short amount of time. While many people use their phones for entertainment and communication, most aren’t aware of the wealth of productivity apps that can make your life easier and your business run more smoothly. … [Read more...] about The 7 Best Apps for Personal Finance
Investing: The Financial Field Guide
“Rich people have small TVs and big libraries, and poor people have small libraries and big TVs.” -Unknown Being an undercover Finance Nerd, it seems that building wealth is a conversation that comes up often for me, whether it’s with my wife, friends, or even strangers in the checkout line at the grocery store. Whether or not you find investing interesting, having a … [Read more...] about Investing: The Financial Field Guide