Jason is a financial advisor and Dave Ramsey-trained counselor that blogs over at WorkSaveLive. He aims to educate his readers on a variety of financial topics while sharing his family’s journey out of debt. Having been saddled for the past 6 years with over $80,000 of student loan debt (as a family), I have a…
A diversified portfolio is one that will be better suited to weather financial storms. Most people make sure to include some stocks and bonds. Those who are a little better will include small cap, mid cap, large cap and international funds. Something that many people leave out of their investment portfolio is real estate. This…
I always tell people that the first thing you should do once you pay off your bad debt (everything besides your mortgage), is to start building up an emergency fund. This will help to reduce the risk of falling into debt again. What is an Emergency Fund? An emergency fund is an amount of money…
As we have seen the most basic budget is simply getting a feel for how much money is coming in, and how much is going out. Most people do not like budgets, they are cumbersome, they rarely get followed, and they make people feel bad about their spending habits. So rather than detail out exactly…
There is no doubt that accumulating money for retirement and other big expenses is important. Unfortunately the accounts used often involve fees. While there is often no way around paying for all financial advisor fees, there are ways a person can minimize the amount they will be paying out of pocket. By choosing a method…
Personally I believe that teaching your kids the value of money at an early age is an essential part of parenting. The biggest problem is that most parents are not in a position to have this talk. They either lack the knowledge or they have problems with their finances themselves. When I was in elementary…