The Financial Pyramid Approach

The Financial Pyramid Approach

You’ve been putting in the work, using the 80:20 ratio to establish an emergency account equal to about six months of living expenses. Now you can start allocating your money in ways that can make it work for you. Typically, this is done by investing. If you and your...
The Rules of Thrift: The 80 Percent Rule

The Rules of Thrift: The 80 Percent Rule

Saving is a skill. It’s a learned habit that needs constant work and attention to maintain at a level that’s healthy for your long-term retirement plan. Keeping an itemized list of expenses can be tedious and the upkeep can be difficult. In my experience, few can...
Rules of Thrift: Build an Emergency Savings Account

Rules of Thrift: Build an Emergency Savings Account

You’re making the effort to stick to the 80 percent rule. Things are going well. Now it’s time to start setting milestones. Having goals can help keep a saving plan on track and motivate you to save as much as—or more than—you can. Before you start saving for a...
A Universe of Two

A Universe of Two

Unless you come from a business or finance background, investments can sometimes be confusing. Trust me. There are times even I get confounded by market fluctuations. The key is knowing how to react and keep things in perspective. Understanding some basic, fundamental...
Plan Retirement like a Vacation

Plan Retirement like a Vacation

For most of our lives, retirement is this thing that always lives in tomorrow. That can make it difficult to think about and plan for our retirement in immediate and actionable ways. Even if you have a plan in place, sticking to it closely or feeling an urgency to get...
Downsizing Your Lifestyle: Upsize Your Bottom Line

Downsizing Your Lifestyle: Upsize Your Bottom Line

As you approach retirement, the challenges of maintaining a full-sized home that was once populated by your kids can begin to feel burdensome. With life expectancy climbing ever-higher, more and more Americans are retiring with almost half of their life ahead of them....