An emergency fund represents cash reserves that help you cover inevitable but unanticipated expenses when “life happens.” Perhaps, your company decides to downsize and you lose your job. Maybe, you or your spouse fall ill and needs extended medical attention. Unfortunately, most Americans live paycheck to paycheck. In fact, nearly 26% of Americans do not …
Emergency Fund: The Basics of a Rainy Day Fund in 2023 Read More »
Unless you are familiar with the fitness world, “cutting,” “maintaining,” and “bulking” may not be part of your normal vocabulary. While fitness and finance may seem unrelated, there’s more similarities than you may initially think. Both physical fitness and personal finances come in waves. At times, you may find maintaining your workout regiment and diet …
Financial Fitness: Cutting, Maintaining, and Bulking Read More »
Dating and marriage comes full of fun and excitement. As the relationship develops and becomes more serious, conversations steadily become deeper and help reveal more about your potential spouse. By spending time together, you learn more about the things in life you both value most – career aspirations, desire for children, and other dreams and …
7 Financial Discussions and Issues to Explore Before Marriage in 2023 Read More »
Combining finances with your significant other can be quite the challenge. After all, money represents much more than green pieces of paper or a set of numbers in our bank accounts. The vast majority of us spend countless hours working a day job. Therefore, the purchases we make mean we trade our freedom for for …
9 Engaged and Newlywed Steps to Prepare and Organize Your Finances for Marriage Read More »
It’s no secret that sending your child to college is an extremely costly endeavor. With college student loan debt ballooning to over $1.5 TRILLION in 2019, we can evidently see that the average family simply can’t afford to cash flow college costs out of pocket. Maybe, they did not take the necessary steps to save …
Founded in 2008 and with over $16.4 billion in assets under management as of April 2019, Betterment provides an online robo-advisor platform that invests in a portfolio of low-cost, exchange-traded funds (ETFs). By answering a series of questions regarding your investing purpose and tolerance for risk, Betterment automatically compiles a portfolio of low-cost ETFs to …
Betterment: A 2020 Comprehensive Guide to This Revolutionary Robo-Investing Platform Read More »
As CPAs, we understand that most of us think differently about money and finances. Perhaps, our schooling and daily work gives us a different perspective about the power of compounding interest. Maybe, our natural inclination that led us to the accounting profession leads us to be conservative in our lives. Often, accountants look to “game …
Looking for a simple platform to begin investing? One of the best places to start on your investing journey is M1 Finance. What is M1 Finance? M1 Finance offers a free, easy-to-use investment platform where you can automatically invest into a diversified set of stocks and ETFs without paying trade commissions. Since trading fees can …
Are you looking to diversify your investment portfolio into real estate but do not want the hassle factor of dealing with tenants? Maybe, you do not have the capital required to purchase an entire rental property or want to assume a ton of debt to purchase your first investment property. If you are looking for …
Is Real Estate Investing Through Fundrise a Good Investment in 2020? Read More »
Have you ever wondered where all of your money is going every month? Before I started budging, I felt stuck in an endless cycle of collecting a paycheck and paying bills. If you are like me, even if you do manage to clear a few hundred (or thousand) dollars after expenses each month, you may …
9 Reasons Personal Capital is the Best Budgeting App for 2020 Read More »
