Financial Literacy Blog

November 14, 2019
by Ashley Chorpenning

7 Ways to Live a Prosperous Life in Retirement for Free

Focusing on money alone is not enough to enjoy a life of prosperity in your golden years. Here are some other things you can do that are 100% free.

Personal Finance

7 Ways to Live a Prosperous Life in Retirement for Free

November 14, 2019
by Ashley Chorpenning

7 Ways to Live a Prosperous Life in Retirement for Free

Focusing on money alone is not enough to enjoy a life of prosperity in your golden years. Here are some other things you can do that are 100% free.

Personal Finance

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November 4, 2019
by Ashley Chorpenning

How to Organize and Secure Your Financial Documents

Organizing your finances is a great way to help you save time and money as well as offer peace of mind. Here are five steps to get you started, including ways to keep your financial …

Personal Finance

October 17, 2019
by Ashley Chorpenning

Being a Doctor vs. Being a Software Developer - Net Worth Simulations

Here’s what you can learn about doctors, software developers / software engineers (and other career paths) by running some comparisons on the Wealth Meta Income and Spending Simulator.

Personal Finance

October 7, 2019
by Michael

How My Wife and I Were Able to Start Maxing out Our Retirement

Here’s how my wife and I got to a place where we could max out our annual retirement contributions. By doing so we gave ourselves a nice raise in the form of a tax cut.

Family and Finances, Net Worth

September 30, 2019
by Ashley Chorpenning

7 Things You Can Do Today to Boost Your Financial Well-Being

Getting a handle on your finances may seem like a monumental task. However, when you’re able to make daily progress, you build your financial confidence in no time. If you want to better manage your …

Personal Finance

September 17, 2019
by Michael

Is it a Hobby or a Business - Tax Implications and Perks

Do you have a hobby that creates a bit of cash flow? In this post we explore the gray area between a hobby and business and the tax considerations both situations.

Personal Finance

September 4, 2019
by Emily

Costs and Benefits of Preschool vs College

We all expect college to be expensive, and many parents spend over a decade saving for their children’s college fund. But what about preschool, how much does it really help a child over their lifetime?

Family and Finances

August 21, 2019
by Michael

The Inverted Yield Curve and How Well It Predicts a Recession

A description of yield curves, what it means when they invert, and a table of historical yield curve inversions with associated market tops and recessions.

Financial Literacy

August 7, 2019
by Ashley Chorpenning

A Reverse Bucket List for Financial Freedom

When it comes to financial goals, avoiding certain things can be just as important as taking action on others. Here are some things NOT to do when it comes to financial freedom.

Personal Finance

July 23, 2019
by Michael

How to Drop the Financial Baggage Your Parents Gave You

Your parents may have taught you how to ride a bike or drive a car but did they teach you how to properly manage your finances? Many parents are guilty of loading up their kids …

Family and Finances

July 11, 2019
by Michael

How Much to Save for College?

Our approach is a) college savings is a monthly budget item, b) our kids will be aware of two cost savings routes that make a degree 25% cheaper.

Family and Finances, Budgeting

July 5, 2019
by Ashley Chorpenning

Why Home Ownership Is No Longer the American Dream

One of the components of the American Dream has always been owning a home. Yet, over the years, the American Dream has transformed and home ownership rates are well below their 2004 high.

Homes and Real Estate

June 28, 2019
by Michael

Is Lump Sum Versus Dollar Cost Averaging Better?

Let’s say you have $12,000 cash to invest in the markets. What is the best way to deploy that money - all at once or spread out over time? It depends on your risk tolerance. …

Financial Literacy