Planner, non-planner, or planning to plan?

How do you feel about plans in general? Do they stress you out? Or are you the type of person who finds plans to be relaxing even reassuring? At some point in our lives, we intersect with the inevitability of plans. Whether we like them or not they are part of life. Most things require at least to some extent a loose array of order, a plan. When it comes to our financial lives though, planning is often overlooked, undervalued, or ignored. According to statistics gathered by S

Four Fundamental Financial Principles To Use Everyday

Managing assets is no easy task, but using fundamental financial principles help. I thought I would share some timeless financial principles that I have seen work over and over again. 1) Avoid needless debt. Sometimes debt has productive uses like a mortgage, but financing things like vacations, entertainment or luxury purchases, will typically hurt you. 2) Before making any large purchase or life altering decision take some time to calculate the cost. We aren't robots but us

To Rent or Buy That Is The Question

Buy or rent? That seems to be the age old question doesn't it? Conventional wisdom says renting is a waste of money...but is that right? In the long term it is almost always cheaper to buy...but it may take years for that to be the case. It is important to remember buying a home is not really an investment, as home values do not go up uniformly. By the time you run the numbers with all the costs of a mortgage, taxes, insurance, inflation and repairs...people are not really ga