Reflecting On Some Of Life’s Most Valuable Lessons

the-thinker

My birthday is this week. As a child your birthday is always one of the most exciting days of the year, but as we get older birthdays become a time of introspection. Hitting 30 made me realize how fast it all goes, and now as I turn 32, I figured I’ll share with you some of the most important lessons I’ve learned over my years… 1. You’re Not Special – I know, it may sound harsh, but it’s true. Yes we all have our own special skills and talents, but no one out there is going to treat you like the special little snowflake you were told you were as a child. Don’t expect people to bend to your schedule or find your problems as important as you do. 2. Fear Is A Choice - Don’t spend your life missing out on opportunities because you’re consumed by “what if’s”. The regret … Continue reading

It’s Time To Give Your Finances A Spring Cleaning!

springtime

It’s finally starting to feel like spring here in the northeast. My fiancé spent the entire weekend giving our house a good spring cleaning, so this week I’m going to spring clean our finances. It’s a good idea to review your finances a few times a year, and if the change in season is what reminds you to do it, then it’s as good a time as any! With all the changes that will be happening in our lives this year we have a bit more to take care of than normal. Here’s what I’m tackling in our financial spring cleaning for this year: Filing Our Taxes – Yeah, yeah…shouldn’t a guy who writes a finance blog have his taxes done already? Normally, yes, but I’ve been unusually busy this year and just haven’t had time to sit down and do them! While we all know we have to file … Continue reading

Stop Your 401(k) From Robbing You Blind

high 401k fees

You know how much you pay for your mortgage payment, your cell phone bill, and your car payment. But do you know how much you’re paying for your 401k plan? You probably don’t, and that could be costing you tens of thousands of dollars. Because we don’t actually have to write a check to pay for the fees associated with our 401k we never think about what it’s costing us. A few dollars here and there doesn’t seem like much, but over time, and as your nest egg grows, these fees start to add up fast. In some cases they actually take years off of your retirement! I know people (myself included) who have changed banks over a monthly fee being charged to their checking accounts. I know people who will drive an extra 2 miles just to save $0.03 on a gallon of gas. I know people who will spend … Continue reading

Improve Your Health, Improve Your Wealth

health-wealth-fitsique

Remember your New Year’s resolution? Yeah, the one you probably gave up on weeks ago…that one. What was it? If you’re like most people, chances are it was one of two things. You: A) Wanted to save more money. or B) Wanted to lose weight or get healthier. What most people don’t realize is how the two goals are related. Want to save more money and build wealth? You better start hitting the gym. Here are a few ways living a healthier lifestyle can have a positive effect on your finances. 1. Reduced Medical Bills - Spoiler alert: people who eat better and exercise regularly tend to have fewer medical problems than people who sit around blogging watching TV while munching on a bag of chips. High blood pressure, high cholesterol, diabetes and numerous other health issues can be easily prevented/kept in check by staying active and eating right. By leading … Continue reading

Ten Tips That Saved Us $12,000 On Our Wedding Budget

Ten Tips To Save On Your Wedding Budget

Little did I know when I got engaged that I was willingly jumping into a world of complete insanity – what is more commonly known as “wedding planning”. I knew weddings were expensive, but it wasn’t until we started planning our wedding that I realized why. There is SO MUCH STUFF that you need to pick out…and ultimatley pay for. Thankfully my bride-to-be is as budget conscious as I am, so we’ve found a few ways that we’ve been able to save ourselves a boatload of money through the wedding planning process. We’re still going to end up spending a ton of money, but here’s how we’ve been able to save $12,000 (and counting!) on our wedding budget. 10 Tips That Will Help You Save On Your Wedding 1. Realize That Nobody Cares About The Fine Details. – Ladies, this one is directed towards you, and while it may sound … Continue reading

Warren Buffett’s 6 Fundamentals Of Investing

Warren Buffett Investing Advice

There’s a funny thing my dog does around the same time every night, when I grab her bowl to feed her dinner. She runs over to the spot where I’ll eventually set it down, and she’ll sit, tail wagging, watching my every move until I bring the bowl over with her food – which gets eagerly and immediately devoured. I tell this story not because I think you’d be interested in my dog’s eating habits, but because this is exactly how the whole of the investing community acts around this time each year as we await the release of Warren Buffett’s annual letter to Berkshire Hathaway shareholders.  The letter is more than your typical shareholders letter, it’s usually pretty entertaining and is always chock full of interesting insights and investing advice from Warren Buffett. Thankfully, this year is no different. Not only did Buffett outline his fundamentals for investing, he … Continue reading