Why it is Important to Continue Investing in a Downturn

Read my disclaimer here. When you consider the potential for a future recession, how does it make you feel? Does the expected dip in your 401k keep you up at night, or are you prepared to continue investing to boost your retirement savings for the long run? Going into March 2020, I was thankful forContinue reading “Why it is Important to Continue Investing in a Downturn”

Your Savings Rate Determines How Many Years You Will Work

Would you believe that a higher earner may take longer to retire if they are not prioritizing saving? A lower income means a lower savings goal in order to support that lifestyle and retire comfortably, which is why savings rate is so important. Regardless of your income level, it’s your savings rate that will ultimatelyContinue reading “Your Savings Rate Determines How Many Years You Will Work”

5 Ways Minimizing Your Closet Can Make You Money

When I first started my professional career, I appeared to have a minimalist closet, Unfortunately, my jeans and sweatshirts from college days were no longer appropriate for the office life. Two hundred dollars later, I accumulated a couple sweaters that I wore with black pants, black shoes, and a handful of different blouses that addedContinue reading “5 Ways Minimizing Your Closet Can Make You Money”

Goals for 2021 – Financial Independence, Minimalism, Happiness and Being a Mother

It wouldn’t be the start of a new year without time to reflect on goals for the next 12 months. Since writing them down makes you significantly more likely to achieve them, I thought it wouldn’t hurt to create a blog post to hold myself accountable. In my post, I also reference a few otherContinue reading “Goals for 2021 – Financial Independence, Minimalism, Happiness and Being a Mother”

Debt, House Down Payment, or 401k – How Should I Prioritize for Long Term Growth?

When I first graduated from college, I landed a good job that gave me the ability to afford costly student loan payments that, at the time, felt like a mortgage on it’s own. Like many other college grads, I found myself owing close to 6 figures after graduation, and was determined to rid myself ofContinue reading “Debt, House Down Payment, or 401k – How Should I Prioritize for Long Term Growth?”

Enjoying the Journey by Having a Plan

My husband will be the first to tell you it’s not uncommon for me to spend an evening obsessing over excel files with my multiple levels of backup plans, specifically different levels of budget spending. In 2009 I was laid off for the first time, and while I was able to bounce back in 2011Continue reading “Enjoying the Journey by Having a Plan”

Increase Your Future Income by Understanding Dividends & Capital Gains

A few years ago, I started investing small amounts without a full understanding of the different performance metrics. My knowledge was limited and I couldn’t project how or when I’d be taxed on my returns. I also didn’t understand how the decisions I made played a role on how much I would pay. Depending onContinue reading “Increase Your Future Income by Understanding Dividends & Capital Gains”

Bachelor’s Degree or Trade School – Which Will Help You Achieve Financial Independence First?

Let’s say that you want to know how to invest your time and your money to increase your salary, allowing you to achieve financial independence faster. As we know, we can either reduce our expenses, increase our wages, or improve our investment returns to achieve financial independence sooner. In this article, I want to reviewContinue reading “Bachelor’s Degree or Trade School – Which Will Help You Achieve Financial Independence First?”

How HSAs Support Retirement Savings and How I Selected Our Health Insurance Plan

First, I want to touch on the benefits of HSAs (Health Savings Accounts) and how much you can save in taxes and earn in interest as you plan for retirement. Then I’ll review how I selected the best health insurance plan for our family for 2021. I’ll also share a spreadsheet that I used toContinue reading “How HSAs Support Retirement Savings and How I Selected Our Health Insurance Plan”

Three Ways to Gift Intentionally in the 2020 Holiday Season

It’s November 1st and the pumpkins are quickly packed away and the holiday advertisements are already in full effect. This year it seemed like the holiday spending started even earlier with Prime Day. While Amazon Prime Day typically happens in June/July, this year it was scheduled in October due to the pandemic, and was advertisedContinue reading “Three Ways to Gift Intentionally in the 2020 Holiday Season”