Should I Invest in Individual Stocks?

In my last post, I discussed my process for selecting mutual funds in an employer-sponsored retirement account. Within the context of a 401k or 403b, the options we have for our investment dollars are a well-curated, limited number of options. Once we venture into other types of accounts, we tend to get exposed to a … Continue reading Should I Invest in Individual Stocks?

This Time is Different…For Me

I know it's been awhile since I've posted anything here. With all of the news around COVID-19, I had a little trouble wrapping my brain around how all of this can eventually come back around to personal finance and how we execute our personal financial plans. I was batting around an idea when I came … Continue reading This Time is Different…For Me

Cash Flow Management System: The Comparison

OK. So, first, we looked at our income. Then, we looked at the necessary expenses that we have. Now, we run a quick comparison to see where we stand, so far. The comparison is rather simple. Estimated Income - Estimated Expenses (from necessities) = "where we stand, so far." Once you've performed the above calculation, … Continue reading Cash Flow Management System: The Comparison

Cash Flow Management System: Expenses – Part I

Once we have an idea of how much money is flowing in, we will need to move on to how money flows out. In developing this thing we call cash flow management, often referred to as a "budget", managing our expenses is definitely the part we hate. For me, I would always think of budgeting … Continue reading Cash Flow Management System: Expenses – Part I