At the end of their recently released book, "How I Invest My Money", where 25 financial professionals wrote short essays outlining how they invest and why, editors/contributors Joshua Brown and Brian Portnoy invited readers to write their own essay outlining how they invest their own money. This post is my version of that essay. Enjoy! … Continue reading Homework: How I Invest My Money
Credit Card Debt? Gone. Car? Paid for. Bills? Payments are, for the most part, automated. Retirement Accounts? Getting funded more and more each year. Emergency Fund? Two months of expenses saved and on the way to way to three. Insurance? Life, health, dental, home, car, and personal liability...done. Discretionary Savings? All set up and getting … Continue reading Shouldn’t I Be Doing Something
Over the past year or so, I've found it easier to execute some of my plans. Read for this many minutes each night. Write at least this much every day. Put this much money into those accounts every pay period. And, with each passing day, week, month, and (I suppose) year, the plan just gets … Continue reading Goals and Distractions
In my last post, I wrote about ways to set some long and short-term goals for what you want your life to look like. Now, it's time to put some numbers into getting there. Of course, we'll also need to start prioritizing our goals along the way, since most of us have a finite supply … Continue reading Where Do You WANT Your Money to Go?
Up to this point, I've written about the importance of having some kind of financial plan, but I haven't really gone into how to start and maintain one. I think, at least, part of that is the fact that it took me a long time to figure out how to implement my own plan. Yes, … Continue reading The First Hurdle: Figuring Out Your Why in a Financial Plan