Financial Moves To Make After Your Wedding

financial moves to make after your wedding

 So much goes into planning a wedding that once it finally happens you breathe a big sigh of relief and look forward to getting on with a “normal” life. At least that’s how I felt. My wedding finally came and went a little over a week ago. Everything went smoothly and a great time was had by all. You don’t realize how stressful the planning process is (even to a laid back guy like me) until it’s over and you can finally stop thinking about it! Unfortunately, the wedding only signals the beginning of important decisions and changes that will need to be made rather quickly. Seeing as I’m going through it all now, I thought it might be helpful to others to have a guide to the financial moves that need to be made after you both have said “I do”. The Post-Wedding Financial To-Do List While heading off … 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

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

Finding Your Financial Tipping Point

financial tipping point

I’ve recently been reading Malcolm Gladwell’s book, The Tipping Point. It’s a fascinating read that in a nutshell, explains how messages, trends and behaviors “go viral”. How small acts and events build upon each other until they reach a critical mass (the tipping point) where they simply take off and become something much larger than the sum of its parts. In the book he uses examples such as Paul Revere’s ride,  the spread of a fashion trend and how a single person can start a “word of mouth” movement for a restaurant they’re a fan of. As I was reading the book I couldn’t help but think of how the concept of the tipping point relates to our investing habits. We’re all aware it exists, and have probably read hundreds of articles mentioning the power of compound interest which is another example of the tipping point theory in action. The Tipping … Continue reading

The One Asset You Need To Maximize

maximize-time

Most of us are still young, working away long hours at jobs we don’t love, and are told to focus on stocking away as much money as we can for our future. But how often do we really stop to think about what that future holds, and when that future actually takes place? Most of you reading this have a good handle on your personal balance sheet. Your assets: (house, investment accounts, savings accounts), and your liabilities: (mortgage, car loans, credit card bills, utilities). We work and sometimes obsessively focus on these parts of our life, but many of us don’t pay enough attention to the most important asset we have, Time. Investing should be about more than trying to maximize ROI or to push our net worth to new heights. Investing should be about being able to take control of time. Money can’t buy happiness in the form of physical … Continue reading