Budget

We have three little kids in our family. We are constantly trying to get them to clean their room, pickup their toys…the list goes on. In the past we had a chore system that worked pretty well. If kids did their chores for the day, they got up to 2 “checks” per day (one for…

Unemployment probably never crossed your mind until COVID-19 hit. If you or someone you know may be affect, here are a few practical steps you can take to make sure you are prepared: Cash is king. Make sure to prioritize beefing up your emergency cash savings. We recommend having 3-6 months worth of expenses set…

The new year is a great time to take stock of your life’s direction. Review what’s going right and what’s gone off course in your life. Sit down and REALLY think about what you value most. Maybe it’s family. Maybe it’s travel and new experiences. Maybe it’s giving back or solving a societal issue. Ask…

Mortgage rates have dropped in the last month to the lowest rates since 2016 (see chart below). At the same time, many homeowners have seen their home value increase over the last few years. Now could be an advantageous time to refinance your mortgage to pay down debt, renovate your house, get rid of PMI,…

It’s summer time. And that means vacations. Families feel the draw of buying a 2nd home while they’re on vacation. On the trip to Florida, couples may think, “Wouldn’t it be great if we had a beach house?” Before you dig into the financials of buying a 2nd home, here are the top non-financial questions…

It’s the most wonderful time of year. That time when you gather with family, celebrate the holidays, and dust the cobwebs off your old budget. But, seriously, I love this time of year. We are looking into the new year and trying to guess/dream/figure out what we’d like to accomplish in 2019. Vision is the…

I do not care if you have a budget or not, you are already managing your cash flow. You have income coming in and you are spending some or all of that. A budget simply adds intentionality to your income and expenses. I don’t meet many people who enjoy creating and managing a budget. I…

Elon Musk, founder of Tesla, estimates it would cost around $200,000 to travel to Mars. The privatization of space travel means that this could become a reality. On March 30, his space exploration company, SpaceX made a breakthrough when it successfully launched and landed the first ever reusable orbital rocket, the Falcon 9. Refurbishing and re-launching…

We can’t possibly remember every important detail of life. That’s why we have calendars, oil change reminder stickers, auto bill-pay, etc. We set reminders and automate what we can so we don’t have to keep it all straight in our mind (which is impossible anyway)! This same principle applies to one of the trickiest areas…

A new credit score formula will be rolled out this fall that will track borrowing behavior over time rather than relying on a snapshot of your credit usage. You can read more HERE

20 Second Advisor: Hey Parents! Cash for Chores May Create Entitled Kids.

20 Second Advisor: Getting prepared for unemployment

20 Second Advisor: Live your best life & tweak your 2020 budget

20 Second Advisor: Time to Refi?

20 Second Advisor: Vacation Home – Rent or Buy?

20 Second Advisor: Make it happen in 2019!

You Are Already Managing Cash Flow…Why Not Be Intentional?

I am saving for a trip to Mars

What do oil change stickers and your finances have in common?

A credit score overhaul