How To Tell a Friend: I Can’t Afford That

 By Kara

I am a formerly broke person who had to tell people for a period of time in my life: “I can’t afford that.” Money can be a really sensitive topic for a lot of people for a variety of reasons. So I think it’s really important that we all develop a way to talk about it without being accusatory, without being defensive, without being negative. Also without straying into toxic positivity.

Begging to Differ

Jonathan Clements  |  Jun 10, 2023 Humble Dollar

DON’T ASSUME YOUR PATH up the mountain is one that everybody else should also follow.

I don’t budget, I earmark 80% of my retirement savings for stocks and I’m currently well above that level, I don’t have a separate emergency fund, I expect to live comfortably in retirement on half of what I currently earn, I plan to delay Social Security until age 70 and my stock market money is entirely in index funds, with roughly half allocated to foreign shares.

Should you blindly mimic what I do? Absolutely not.

‘Quit Saving Your Money’

Bethan Moorcraft   Thu, June 8, 2023

Financial guru Grant Cardone says there’s only 1 thing that will bring you true wealth — it's not your job or being cheap. Here's what it is and ways to do it

Real estate investment guru Grant Cardone says Americans should “quit saving” if they want to build true wealth.  Cardone, who goes by the nickname Uncle G, recently shared his two cents on Twitter: “That full-time job won’t bring you wealth. Saving, saving, saving won’t bring you wealth. Overspending won’t bring you wealth. Being scared won’t bring you wealth.”

Dave Ramsey Just Shared His Top 10 Money Traps To Avoid — and You’ve Probably Fallen for Most of Them

Nicole Spector Thu, June 8, 2023

Personal finance guru Dave Ramsey is famous for his no-nonsense, tough-love insights. Not everyone agrees with him, but many of his hard-and-fast rules exist for good reason: to help people avoid losing or wasting money that could serve them in retirement. Are you paying heed to his wisdom? Here’s a look at 10 money traps to avoid, according to Dave Ramsey.

13 Things You Should Never Put in Your Will

Jordan Rosenfeld  Wed, June 7, 2023

While nobody likes to think about their own end date, putting together a will and related legal documents makes it more likely that your loved ones will have the smoothest process handling your estate after death and that your wishes will be followed.

Writing a will is not as simple as just slapping together a list of desires, however; there are some things you should not put in your will. Estate planning experts explain which ones.

Cash Envelope System: How Does This Budgeting Method Work?

by Todd Kunsman

If you find yourself struggling to budget and save money, there is a technique you might want to try: the cash envelope system.  While there are many new personal finance platforms and apps that can help, sometimes it can be a bit overwhelming.   And don’t get me wrong, I am a fan of various budgeting apps that exist today.  But sometimes it’s better to go back to basics and remove the digital technology out of your life.

If you are interested in a more “physical” version of budgeting, then the cash envelope system might be for you. Below, you’ll learn everything you need to know about this budgeting method.

The Budget Calendar: What Is It And Do You Need One?

August 17, 2021 by Todd Kunsman

One of the first and easiest steps you can take with your finances is to create a personal budget calendar.  It’s an effective way to understand what your income and expenses look like, without having to try and remember off the top of your head.  Typically, you think you’ll remember everything and can manage your money without writing things down.

I certainly thought the same thing, but I quickly realized how I was mishandling everything when I was more tactical.  So what are the benefits of creating a budget calendar? How can you get started with one and maintain it for the foreseeable future? Jump in below to learn more!

Budgeting 101: The Basic Tips to Improve Your Finances

August 8, 2021 by Todd Kunsman

One of the best ways to start improving your finances and master money management is through the basics: budgeting 101.  While it might not be the most fun to calculate your numbers and figure out how to spend and save money — it’s also critical early on in your journey.

By understanding and creating a personalized budget, you take control of your money and create a roadmap that will help you succeed now and in the future.