Managing Personal Spending


Budgeting your money is a great way to control your spending and help you reach your financial goals. If you have never budgeted before, a great way to get started is with the 80/20 rule.

Emergency Reserve


Having an emergency reserve is essential for when unexpected life changes happen. Unexpected events can and do happen. Having some extra cash set aside will help you if an occasion arises.

Understanding the History of the Gold Standard


For almost 200 years after the founding of the United States, the value of the U.S. dollar was officially backed by gold. This was called the gold standard. In 1933, in partial response to the Great Depression, Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold. In other words, a person could no longer insist on being paid in gold. For a while, at the time, it was illegal for Americans to own gold.

US hits $30 Trillion in National Debt. Should We Care?


The gross national debt of the United States just surpassed $30 trillion. The big question is, do we need to be worried?  The answer is: yes, we do. Now, let’s break down why.

What Motivates You?


Talking about money is more than just talking about income, debt, assets, and spending habits. You care about money because money provides you with the things you need and the things you want, both tangible and intangible. The question is, what motivates you?

Five Steps to Focus on Money Management


The pandemic has impacted many people’s mental health, and almost two years later, many of us are struggling with COVID fatigue. Even though many of us don’t feel like pushing on, we still have to show up. Here are five strategies to help you keep your focus while building a strong financial base and growing wealth.

Inflation Hits a 40-year High


We are currently experiencing considerable inflation in the US with the dollar. Some economists define inflation exclusively as the increase in the amount of currency in circulation, period. The more currency chasing the same amount of goods makes each unit of currency worth less, and therefore, the goods cost more.

Knowing Your Net Worth


What is net worth? A simple answer is that it’s the combination of what you own (your assets) and what you owe (your liabilities). Subtract your liabilities from your assets, and you have your net worth.

The Current Market – Bonds


U.S Treasury Bonds and high-quality corporate bonds have always been considered a conservative and safe way to invest, compared to stocks. Many investment advisors would say, “subtract your age from 100, the number you get should be the percent of your portfolio invested in stocks, the rest should be in bonds”.