When my mom passed away, her estate was in good shape—or so we thought. A small oversight turned into a big headache. This post shares a personal story about serving as executor, what went wrong, and the simple steps that could’ve made things easier for everyone involved.
If you ve ever sat through a 401(k) enrollment meeting, you ve probably heard about dollar-cost averaging. If you already understand the concept, you can stop here unless you want to see how it works in reverse once you retire and…
Allowances sound childish. Allocations sound empowering. That one shift changed our marriage. By giving every family member their own Òslice of the pie,Ó we ended years of financial tug-of-war. ItÕs not about controlÑitÕs about freedom, respect, and learning how to manage money without losing your mind.
One of the fastest ways to learn something new is by mapping it onto something you already understand. That s how I teach and how I learn. I take a familiar framework and overlay it onto the new concept I m trying to learnÉ
What Is an Index? Before we get into index funds, let s start with the basics: what s an index? An index is a list of stocks (or other investments) that represent a specific part of the financial market. Think of it as a…
What Is a Target Date Fund? A target date fund (TDF) is a type of mutual fund or ETF designed to simplify retirement investing. You pick the fund that matches your expected retirement year like a Target Date 2050 Fund and the fundÉ
Easy Does It. Ride or Die. You’ve probably noticed I sign off with that a lot. Maybe you think it has nothing to do with investing but it does. In fact, it s the perfect way to explain one of…
Learn how to take control of you financial life and begin building financial indepedence and long-term wealth with my digital envelope budgeting system. In this post, I’ll give you the exact strategy I used to get control or my money…
On my way from Freeport to the Portland Jetport this week, my Uber driver and I started talking. When he learned we had a place in Bozeman, he asked if we were Yellowstone fans. That turned into a conversation about…
Have you are will you be inheriting an IRA? Learn a strategy for turning this into a long-term wealth building machine by using the required distributions to fund a Roth IRA for you and maybe even your spouse.
