Budgeting Rules and Tools (Part 1)

When I was ten, we would visit our family friends in Michigan called “the five boys”, for obvious reasons. Being a ten-year-old looking for fun, their pig farm was perfect. We would arrive and clamber out of the car yearning for the green light from our parents. Once they gave us the nod we would

When Does Buying A Home Not Make Sense?

For most, owning a home is one of the next big steps after college. A few years pass and you’re either earning more money or starting a family and you roll your equity into a bigger house. However, after the real estate market took a hit in ’08/’09 people have started questioning this age-old wisdom

5 Measures of “Wealth”

Most of us, including myself, get hung up on allowing a dollar figure to determine how “wealthy” we are. When in fact, wealth can be made up of things that are worth far more than money but are harder to quantify. Because of this difficulty in measuring, we often default to overlook these alternative measures.

Forever Stamps & The Forever Tax

In 2007, the U.S. Postal Service introduced the first Forever Stamp for 41 cents. It was a great way for the postal service to increase their cash flow, but it was also beneficial for individuals, who knew they would be sending letters in the future, to “prepay” for stamps in hopes of sidestepping future postage

Buying vs. Leasing a Car

I often overhear conversations of someone discussing how leasing a car is the most intelligent approach to having transportation. However, seconds later, I hear the audible scoff of the car buying group, as if buying a car is the best financial decision since Seward’s Folly. Luckily, we don’t like to pick sides. Instead, we let