The envelope system is a great way to save money, pay down your debt, and spend on the things you love. Learn how the envelope system works and how you can get started today. Source
Author Archives: lvnlegend19
Calculating expenses might sound tedious or overwhelming, but having a clear system in place can make all the difference between constantly stressing about money and spending with confidence. In this post, I’ll show you exactly how to calculate expenses using my Conscious Spending Plan—a method designed to help you live your Rich Life without obsessing […]
Roman Samborskyi / Shutterstock.com Getting a college degree is an expensive proposition. Students can get a lot out of the college experience, and one of the returns for the cost is (hopefully) a decent job. The choice of a college major has a lot to do with getting a good-paying job. Of course, everyone has […]
Iakov Filimonov / Shutterstock.com Balancing personal goals with work commitments doesn’t mean giving up on great benefits. Some companies understand the value of part-time employees and offer benefits ranging from healthcare to retirement plans. Explore these top employers who reward part-time roles with excellent perks.
Just dance / Shutterstock.com Planning for retirement involves more than just saving money—it requires a strategy that ensures a steady income stream once you stop working. Annuities are a popular choice for many retirees, providing guaranteed income, tax benefits, and peace of mind. But with so many options available, choosing the right one can be […]
Taxes are the backbone of everything we use daily, from roads to emergency services, yet their role often gets overlooked. Understanding where your tax dollars go can help you see the value they provide. In this post, we’ll break down the question “what do taxes pay for?” in more detail. The Role of Taxes in […]
When someone asks, “What is a good salary?” they often get vague responses and arbitrary numbers that don’t tell the full story. While many factors influence what makes a salary “good,” you need concrete figures and benchmarks to evaluate your compensation properly. In this post, we’ll examine exact salary numbers across different scenarios and provide […]
Most budgeting advice is extremely restrictive and focuses on what you can’t do, which makes budgets hard to stick to. Here’s a way to break down your budget without stressing about what you can and can’t have. In this post, we’ll explore essential budget categories that make sense for your lifestyle, plus practical tools and […]
Sinking funds first began as a tool for companies to manage bond payments but have now become a powerful way to save for big, expected expenses. They offer a simple and organized approach to financial planning. In this post, we’ll explore everything you need to know about sinking funds–from setting them up to managing them […]
Navigating health insurance for self employed individuals is a unique challenge – a reality facing 57 million self-employed Americans as of 2023. This article will walk you through the essential decisions you’ll need to make about your healthcare coverage, from choosing between marketplace and private insurance plans to understanding cost considerations and maximizing available tax […]