New Year’s Resolutions and Warren Buffett – how to accomplish your goals

Congratulations on surviving 2020! However, a New Year means New Year’s resolutions! These fun things are commitments and promises we make to ourselves in an attempt to mold ourselves into our ideal person – workout more, drink less, quick smoking, learn guitar, etc… however, we tend to fail within two weeks. Why is it that so many of us fail to live up to our … Continue reading New Year’s Resolutions and Warren Buffett – how to accomplish your goals

Simple Budgeting: The 50/30/20 rule-of-thumb budget

Most budgeting systems are time consuming and complex. The beauty of the rule-of-thumb budget is the speed and simplicity of it. All you need to know is your after-tax income. Once you have determined your after-tax income, you simply allocate it as follows: 50% towards your necessities 30% towards your wants 20% towards your financial goals Next is to define the categories: Necessities, Wants, and … Continue reading Simple Budgeting: The 50/30/20 rule-of-thumb budget

Money matters 101 – Setting financial goals and rolling with the punches

I found that if you have a goal, that you might not reach it. But if you don’t have one, then you are never disappointed. And I gotta tell ya . . . it feels phenomenal!” ~ Peter La Fleur Unlike the advice of Peter La Fleur in “Dodgeball,” you need to have financial plans to guide your life. Has your life taken a left … Continue reading Money matters 101 – Setting financial goals and rolling with the punches