financial freedom

I’ll admit it – I’m a shopping addict. But the last place you’ll see me, if I can help it, is at a shopping mall or retail store. I’m an online shopper and greatly prefer it for its convenience, ability to provide endless options and the freedom it allows me to browse and comparison shop. [...]

One of the best ways to avoid dipping your fingers into your savings (especially your emergency fund for non-emergencies) is to automate your savings accounts so that your money flows through your personal economy without much interference from you. When you automate your savings accounts, you can force yourself to practice financial discipline — and [...]

One of the keys to financial freedom is developing a habit of saving. It sounds really basic, but many people have trouble with this, and many just don’t know how to start. Here is an overview of how you can get started with savings accounts. The article will cover types of savings accounts, how to [...]

Becoming wealthy is not easy. It takes hard work, a sound strategy, and continued perseverance.  Moreover, becoming wealthy means taking action versus looking for good things to happen to you or looking elsewhere for opportunity. While there are a number of reasons or challenges to individuals becoming wealthy, in this post, I’m going to walk [...]

Getting out of debt might seem like a simple concept, but it can take years of hard work and dedication to be debt free. If you want to get your finances back on track, you have to come up with a realistic plan to pay down your debt, while also taking steps to combat your [...]

Many people like to dream big and think big. Unfortunately, the sheer amount of effort to accomplish their big goals simply overwhelms them. For instance, take a routine activity like walking across the street. You take one step at a time and you get the job done. But if I ask you to leap across [...]

Financial security is a common pursuit.  Whether you’re just starting out in the working world or you’re looking to retire, financial security or the pursuit of financial security is of large importance for you.  Unfortunately, a generation of Americans have been led to believe that the contributing factors to financial security come from anywhere but [...]

There are a lot of information about how to get rich, build wealth, achieve financial freedom, etc. But when you take a step back and look at the big picture, it all comes down to better cash flow management — earn more and spend less — personal finance in one simple equation! Obviously, this is [...]

I believe that the younger Americans in their 20s and 30s are more focused on quality of life versus previous generations.  As such, these individuals value experiences, value their time, and value the possibility of early retirement. With market crashes, high unemployment, bankrupt social security, underfunded pension plans, and more ugly economic factors, the possibility [...]

When it comes to personal finance, you essentially have two major areas of focus: your income and your expenses.  On the income side, you’re dependent on a number of external factors such as the economy, your employer, your tax rate, your industry, etc.  These external factors can sometimes work against you, making it can be [...]