Many personal finance (PF) bloggers talk a lot about their savings rate. There’s a lot of debate within the community on how to calculate it, and some bragging about whose is larger. If you’re just starting out saving and investing, it can be intimidating to read about all these people saving 50, 60, or 70% […]
In order to master your financial life, you need to spend less than you make – right? Interestingly, there are two ways to do that, and one might lead to higher spending than the other. When people talk about saving money, what are they usually referring to? Saving money on a vacation Using coupons to […]
I love a good bargain – don’t you? But as a busy, full-time breadwinning mom of three, I don’t have time for things like extreme couponing and shopping at three different grocery stores to score the lowest prices. When I’m FI, I bet I’ll be doing those things for fun! (Admittedly, I have an odd […]
I was reading a post over on Bogleheads the other day about someone who had just received their first set of golden handcuffs in the form of Restricted Stock Units, or RSU’s for short. In that post people were discussing the pros and cons to selling them as they vested. I have RSU’s from my […]
Ah, Christmas. That time of year that always seems so far away until it’s way too close. Especially when you have kids, it feels like they just start school and then BAM! You better get shopping for Christmas because its only weeks away and you haven’t gotten a thing. Going back as far as I […]
If you’re a high income earner, you’ll need to remember that colleges don’t give you aid if you don’t feel like saving. The other day I had a conversation with a friend where he made it clear that he was hoping there was a magic way to get tons of college aid on an income of around $200k per year. At that income level, the government expects that you’ll be responsible with your money and save some of it for college.