Reaching Financial Independence with Financial Stepping Stones Most of us are working to become financially independent. But what exactly does this mean to you? Definitions of what this looks like vary from person to person. However, the common theme among them all is having enough money to choose how you live. Whether this means living […]
How Much Money Should You Have in an Emergency Fund?
The #1 rule of personal finance is to have an emergency fund. Every financial guru from Dave Ramsey to Suze Orman to Ramit Sethi to yours truly, Engineer Your Finances, recommends you have one. According to CNN, “nearly a quarter of Americans have no emergency fund.” That’s 1 in 4 people! What is an emergency […]
Developing Self Discipline To Better Manage Your Finances
“Without self-discipline, success is impossible, period.” – Lou Holtz Have you found yourself in a pattern of overspending which has led to a growing and out-of-control debt, along with little to no savings? Do you set a budget every month, but never stick to it? Are you in financial chaos, unsure of which bills are […]
What Are the Things to Consider When Planning to Invest in Long Term?
When it comes to long-term investments, the game changes. While at work and on your side gig, you’re focused on making as much money as possible. in these endeavors, low-risk = low reward. With long-term investing, you can make a lot more over time without as much risk. The key to making money this way […]