Managing Money
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What I’ve Been Learning About Tidying and Minimalism
For the past few months, I’ve made it a point to review at least one book a month as part of my Money at 30 column on Dyer News. While I’ve enjoyed most of the books I’ve read for this effort, more often than not, I write my review and then move on with my…
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Basic Money Milestones to Achieve by 40
In today’s society, when do you make the jump into actual adulthood? While some might stick with the traditional “18” answers, others would argue somewhere in the 20s or even 30s. So, when it comes to hitting 40, I guess that means you should really have your s*** together! Although I’m still a few months…
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What I’m Learning About Dividend Investing
When it comes to investing, the end goal is almost always the same: make money. However, the paths you take to get there can vary. One such option that’s really grabbed my attention as of late is dividend investing. For some investors, dividends may just be an afterthought while, for others, they’re the main attraction.…
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The Ultimate Guide to Shopping and Saving at Aldi
After shopping at Aldi for the past three years or so, it’s easy to see why this discount grocery chain is currently undergoing a sizable expansion. Thanks to some clever efficiency measures, great deals, and tasty private-label goods, Aldi has grown to become one of my favorite places to shop.
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Splurge Smarter: What to Consider Before Spending Your Money
When it comes to saving money, so-called “splurging” may very well seem like the ultimate enemy. I assume that, when most people think of what it means to splurge, it mostly involves spending hard-earned money on foolish things you don’t need thanks to some random impulse you have. While that may be partially true, I…
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4 Things You Didn’t Know You Could Do With Robinhood
At this point, it’s pretty safe to say that the stock trading app Robinhood has forever altered the brokerage industry. Not only has the service demystified Wall Street for millions of young investors but has also forced inspired other firms to lower their trade commissions and introduce beginner-friendly features. All the while, Robinhood has made…
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Planning Your Next Money Goal
At times, managing your money can be a bit overwhelming. Even if you feel like you’re generally on a positive path, it can be difficult to know what your next move should be. This is where setting specific financial goals can be extremely helpful — but what goal is right for you? To help you…
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Are Warehouse Clubs Worth it for Couples? The Pros and Cons
For as long as I can remember — including back when it was Price Club pre-merger — my dad has been a Costco devotee, filling our home with all things Kirkland. Therefore, I had plenty of first-hand experience with warehouse clubs and the products they offered. Of course, there’s a difference between shopping for a…
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Tips For Maxing Out Your IRA (And Why You Should Before April 15)
Last year, for the first time, my wife and I managed to max out our IRA — something we saw as a major money milestone for us. While I’d love to say that this move was motivated purely by wanting to be prepared for retirement (which of course we do), the truth is that the…
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Purchasing a Vehicle: Buying New vs. Leasing. vs. Buying Used
Last year, for the first time since I was 20 years old, I purchased a new car. Well, more accurately, my wife and I bought a new to us car. Prior to landing on this decision, we considered different routes for replacing our aging sedan — including buying a truly new vehicle or even leasing one.…
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Emergency Funds: Why You Need One and How You Can Build One
When we think about money milestones, they’re often exciting events such as buying a car or a home. However, one of the biggest money milestones that everyone should strive for might not be very exciting but it could be vital: having an emergency fund. In fact, one could argue that you aren’t really ready to…
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Should You Hire a Financial Advisor?
Over the past year or so, my big financial goal has been to start investing seriously. This journey has taken me from experimenting with stock trading apps to opening a “real” brokerage account and looking to maximize my retirement account options. While I’ve been satisfied with my progress so far, there’s certainly a long way…