It is plain wisdom not to spend every single penny we make, for right here and right now. Thinking about future needs, and preparing ways to pay for them ahead of time, certainly adds to…
For those of us with children, being able to help out with their higher education costs is a wonderful privilege that should not be taken for granted. It is not selfish at all to make sure we are taking care of our retirement first, because…
I think we all love the next item we can save for, and that’s retirement! But these golden years should be about so much more than sitting on a white sandy beach somewhere or playing golf every day! This is the time in life where we…
What did people do before credit cards? They actually saved for big expenses! This is what is called a Sinking Fund. We sink a certain amount of money every month towards…
The next Baby Step in FPU’s program is to get out of debt, but we will tackle that topic next week. Today we move on to Baby Step 3 where we fully fund that Emergency Fund we talked about yesterday. Since most little emergencies will…
The first step in FPU is to save $1000 as quickly as possible, in a separate and safe account. This will be called our Emergency Fund, because sooner or later, an emergency expense will happen. Whether it is…
It is John Maxwell who first said, “A budget is telling your money where to go, instead of wondering where it went.” If we truly want to have peace about our financial health, then we must make…
