I know I’m just some guy writing on the internet. But I try to put a little nugget in every post I write, and this time I’m going to tell you that you will be happier if your finances are not a mess. At any given moment, I am here to argue, you are investing in either financial stability or financial instability. It may be that you do a little of both and your efforts cancel each other out. For instance, you cancel your Hulu membership to save the $8 a month, but then you spend too much at one of those by-weight FroYo places (I know…I know…it looks so light and fluffy). Making financial decisions with consistency is much harder. Some people seem to have no problem making consistently poor financial decisions, but those who always make good money moves are in short supply. [Continue reading]
Prepping often gets a bad, or weird, reputation in mainstream media. Prepping, as it’s referred to, is basically being prepared for a major disaster where emergency personnel can’t get to you for several days. Some people take it further and try to have enough prepping supplies to last 6 months or longer, but for the purposes of this post, I’m going to discuss prepping for a short amount of time.
Surviving for a few days on your own is not a far-fetched belief only followed by the overzealous. In graduate school I studied emergency management and disaster response. One of the most frightening/interesting things I learned is that, in the event of a significant disaster, you must be prepared to survive on your own for 72 hours.
That’s actually why the government recommends you “prep” with a 72 hour (3 days) kit, since it could take emergency responders up to 72 hours to reach you. In reality, it could take more or less time to reach you, depending on the magnitude of the disaster and the number of injuries or causalities. If you’re not seriously injured, emergency personnel may request you stay in your shelter (if it’s adequate) while they triage others in worse situations than you.
All that said, prepping is financially savvy and highly recommended. What you see on Doomsday Preppers, for example, is but one extreme way to prep. In reality, it doesn’t take much time, space, or money to effectively prep, and prepping can actually save you money.
In general, if you have a structured settlement or annuity, you should keep it. These two similar financial products come into your life for two totally different reasons. In the case of the annuity, you, an employer, or a loved one has saved up … [Continue reading]
When I graduated from college, I thought I knew a lot. I knew how to do laundry, how to feed myself and save money at the same time, and how to interview well. All very valuable things you need to know by the time you graduate from college, or so I … [Continue reading]
For many people, their finances are the largest and most difficult source of stress in their lives. Millions of people across the UK struggle with their finances and are in mountains of debt. The good news is there are several different options for … [Continue reading]
The Millennial generation often gets a bad reputation for being unmotivated, over-confident in their abilities, and a host of other hyperbolic stereotypes. Often overlooked are those millennials, like those in other generations, that work hard, save … [Continue reading]
With all of the wearable tracking devices out there, plus the multitude of apps on your phone, it’s easier than ever to get an overview of your health. With apps, you can get an overview of your financial health, especially your budget and savings … [Continue reading]
Whether it’s for shopping, buying a new home or travelling, there’s no denying that most people would feel a lot more comfortable if they had the luxury of having some extra cash up their sleeves. With the high living costs in so many countries these … [Continue reading]
When we talk about reducing our cost of living, we usually talk in terms of moving closer to work to reduce transportation costs, or downsizing to cut housing costs. However, one thing not often discussed is moving to live where it's cheaper. While … [Continue reading]
Overview KPI's are a great measure of how a business is doing. Key performance indicators are a great way for a business to quickly measure different segments of their business and how well they are performing. According to a recent study, … [Continue reading]
After a particularly brutal winter (I'm looking at you, East Coast!), it's definitely not too early to start planning your summer vacation. If you're like the many who have to plan your vacations in the summer due to kids' schedules, work schedules, … [Continue reading]
If you are in the process of setting up your own small business, you've got a lot to be proud of, and a lot to look forward to. You've proven your ability and your worth as an entrepreneur. Now it's time to reap the benefits of all your hard work and … [Continue reading]
With the hundreds of different insurance options out there these days, it’s difficult to know which one is going to meet your needs perfectly. You can shop around for months, compare plans, and make phone calls, but in the end you might just end up … [Continue reading]
For busy professionals, it can be tough to manage a full-time job plus a side career (and yes, this goes for stay-at-home parents too!) Particularly for those of us trying to transition our side hustles into full-time work, it can be almost … [Continue reading]
If you’ve ever wanted to invest in a variety of stocks but couldn’t afford to own that many individually, now you can. Motif is an online brokerage that allows investors to build stock and bond portfolios based on “motifs”, like home improvement or … [Continue reading]
Benchmarking is one of those business buzzwords that can seem a bit impenetrable. Simply put, benchmarking is the process of comparing how well a particular business performed in their interactions with and against other organisations. This data can … [Continue reading]
Are you ready to take your relationship to the next level? Planning a proposal can be both exciting and nerve-wracking at the same time, but it mainly boils down to choosing the perfect location and the perfect ring. You may not have the cash for a … [Continue reading]
Impression is everything when it comes to landing a job. That impression mainly comes from how you present yourself and of course, your resume. With the increasing number of job seekers every year, it’s not unusual for employers to simply glance at … [Continue reading]
I make little budget PSAs all the time. And it’s not like you don’t hear about budgeting all the time anyway. This is something that the financially literate drone on about all the time. But it’s no less true simply because it’s a cliche. Those who … [Continue reading]
Happy Tax Day! Have you finished your taxes today? If you have (or even if you haven’t), make sure you take advantage of all those tax day freebies out there! At least you can get something free today which, depending on how tax season went this … [Continue reading]