I will never forget the day I moved out of my parent’s house. I was eager and couldn’t wait to get out into the world. But I hadn’t saved nearly enough to move out yet! With roughly $1,000 in my bank account and no secure job in sight, I was in a bad situation. I …
We’re told to save roughly 20% of our income to ensure a comfortable retirement. But on average, people save closer to 5% of their income. (source) There have been times in my life when saving anything felt impossible. Frankly, I was going deeper into debt every month. How are you supposed to save money when …
Can’t Save Money Because of Bills? Here’s What I Did: Read More »
We all know saving money is important. There are tons of ways to do it, and today I’m going to answer some questions about how often and when it’s best to save money. Here’s the short answer: You should save at the same frequency as you’re getting paid. For example, if you’re paid monthly you …
Inflation is making your money worth less, which is why you need more of it every year. But, is saving or investing the best way to deal with inflation? First, here the quick answer to “save vs invest during inflation”: Historically speaking, a combination of saving and investing is best during high inflation. Invest for …
Saving vs Investing During Inflation: What’s Best? Read More »
Guest post written by Josh Arnold for Sure Dividend We believe the best path to long-term wealth generation is to own high-quality dividend stocks with good yields, long dividend increase streaks, and the ability to continue raising dividends through recessions. The selling we’ve seen in stocks in 2022 has created some extraordinary opportunities in high-quality …
Inflation sucks. We’re all slowly drowning, and there’s nothing to do about it… Or is there? In this article we’re looking at the current inflation, and how different assets have performed relative to inflation. I will give you two reasons to invest during inflation, but first, here’s the short answer: Historical evidence suggests that one …
Inflation is a slow killer. If you’re like me and feel the need to “do something about it”, this article is for you! Today I’m trying to explain why saving money makes sense, even though inflation is slowly drowning us all. Saving money during inflation is smart because after the inflation there will likely be …
Two Great Reasons to Save Money During Inflation: Read More »
Post-pandemic recovery, high inflation, and other factors have immensely impacted people’s finances across the globe. The National reports that the world’s economy is weighing on everyone, with inflation creeping everywhere and the cost of everything rising. 2 in 3 Americans are blowing through their savings due to inflation, with 23% reporting that they had depleted …
Saving money is all about consistency. Sure, saving $10K for a couple of years is good, but the real magic happens when doing it for a couple of decades. In this article, I’ll do some good ol’ math and look into the question, “is saving $10,000 a year good?”: Yes, saving $10K per year is …
Is Saving $10k Per Year Good? (How to do it, and where you’ll end up) Read More »
Saving $100 is not as easy as it might sound if you’re not earning a lot of money. However, it’s far from impossible! In this article I’ll tell you why saving $100 a month is good, and give you tips as to how to achieve it. First of all: is saving $100 a month really …
Is Saving $100 Per Month Good? (Worth it in the long run?) Read More »
