Recently two friends of mine from high school passed away in their early 30s, which drove me to ask the question; How much life insurance do I need? Back in 2008 right before my son was born I took out a 20 year $500,000 policy for $21 per month. Since …
I’m often asked, “What is the best way to pay off your house early”. This is a tricky question because it depends on many factors, such as your current savings rate, the amount of home debt you have, and what your yearly cash flow situation is. In general, the more …
2018 has been rocky for the first quarter for us. We spent quite a bit over our projected budget, largely due to medical spending which totaled just shy of $4,000 for the quarter. The stock market overall was down for this quarter which muted a lot of our contributions. We …
When I wrote Building Generational Wealth, I outlined a system that I think would work well for most people. I have since been asked “how can / should I give more money to my kids or grandkids than what you have outlined?” Synopsis of Building Generational Wealth: For Children: Giving …