9 Ways To Avoid Lifestyle Inflation With A Savings Plan

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Lifestyle inflation happens when our income rises, we increase our spending. Like a balloon that gets larger, we tend to spend our expanding pocketful of extra dollars. When we get our first job after college, we begin to earn money, … Read More

The Pros And Cons of Credit Cards

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“Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent.” Charlie Munger, Vice-Chairman, Berkshire Hathaway   For me, credit cards have always been a double-edged sword, … Read More

6 Ways To Raise Your Credit Score

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Our financial lives depend on our creditworthiness. When we go for a loan, lenders review our credit report and our FICO credit scores to determine our annual percentage rate (APR). Generally, the higher our score on a 300-850 score, the … Read More

Being Frugal When Saving Time And Money

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“Price is what you pay; value is what you get.” Warren Buffett I bristled when they called me a cheapskate when I was a young kid. It cast a dark shadow over me. We lived in a modest neighborhood in … Read More

Ten Commandments of Personal Finance

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We revisit ancient views of money on the ten commandments of personal finance from timeworn texts and stories. Surveying these words adds a different perspective on finances whether you are celebrating the upcoming holidays or not. There is a common … Read More

How Do You Measure Your Financial Success?

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  I wanna be a billionaire so f**king bad Buy all of the things I never had Uh, I wanna be on the cover of Forbes magazine Smiling next to Oprah and the Queen. Billionaire, Lyrics By Travie McCoy   … Read More

Why Liquid Net Worth Matters

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“Liquidity is a good proxy for relative net worth. You can’t lie about cash, stocks, and bond values. Mark Cuban Liquid net worth matters. Understanding your net worth and how to calculate it is hugely important for measuring your financial … Read More

Credit Card Alternatives Have Benefits

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Do you really need a credit card? Most people believe so. I have had a love-hate relationship with credit cards, admittedly using cash and alternatives more often than most people I know. Credit cards can be a valuable tool, allowing … Read More

5 Budgeting Methods To Boost Financial Discipline

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I have to admit that  I am hostile to the term, “Budget.” The word signifies limitations as if I will have to change my lifestyle. Before I prepared a budget, I felt anxious about doing one. Only one out of … Read More

How To Control Spending With A Simple Budget

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Have you wanted to manage your money better but didn’t know how to start? I know that I can do better for us, especially our kids, so they learn good habits. I know I am not alone. Ultimately, our goal … Read More

9 Ways To Avoid Financial Infidelity

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“From hidden debt to secret expenditures, lying about finances can cause a marriage to go into default.” Kimberly Foss, CFP   The US divorce rate among young people under 30 years has been dropping to below 50% since the early … Read More