How to Secure your Retirement Savings with Mutual Funds

Hey everyone! Andy here! I’ve got a guest post today from Andrew Altman of SlickBucks.com which focuses heavily on the investing side of building wealth. Today, Andrew is talking Mutual Funds. One of my favorite topics! Here’s Andrew!

Saving for retirement requires a unique mindset and method. “Playing the market” to get rich quick is risky business indeed when you are funding your efforts with retirement monies. But you also can’t minimize all risk and still count on having sufficient savings to fund you during your retirement years.

Continue reading “How to Secure your Retirement Savings with Mutual Funds”

10 Easy Ideas to Make Your Next Budget Session Fun

This month, I’m challenging the listeners of the Marriage, Kids and Money Podcast and the readers of this blog to live on a monthly budget. Let’s make this budget challenge fun!

Continue reading “10 Easy Ideas to Make Your Next Budget Session Fun”

MKM Challenge: Budget Your Way to Wealth

It is the first Monday of the month my friends! That means, we’re throwing down another MKM Challenge. For you “personal challenge types” out there (like me), this can be a lot of fun and, if you stick to it, quite rewarding.

Continue reading “MKM Challenge: Budget Your Way to Wealth”

13 Money Questions to Ask Your Partner Before You’re Married

So, you’ve found the one! Congratulations. What a feeling! Being married to the love of your life is absolutely incredible. I’m speaking from experience here … meeting and marrying my wife substantially increased the awesomeness of my days.

Continue reading “13 Money Questions to Ask Your Partner Before You’re Married”

Transform from Starving Artist to Money Master

I am continually amazed with the amount of talent we have in our world. Designers, creators, entrepreneurs, artists, developers … These are people who push the bounds of what is possible to create a product, service or business that revolutionizes their respective field. While these folks might be masters of their craft, the creative class can sometimes lack the financial know-how to be masters of their money.

Continue reading “Transform from Starving Artist to Money Master”

5 Ways to Avoid Becoming House Rich and Cash Poor in a Seller’s Market

It’s home buying season! If you’re looking for a house right now, this very well could be one of the most difficult times to buy real estate. The amount of available homes is super low and prices have skyrocketed. In metro Detroit where I live, available homes have dropped 38% from last year to this year and prices have increased 9% already. As I googled other real estate in major metro areas, a similar story of low inventory and high prices spanned the country.

Continue reading “5 Ways to Avoid Becoming House Rich and Cash Poor in a Seller’s Market”

Skip the Toy and Give the Gift of College

The cost of college is completely out of control. Every year, the cost to attend a 4-year university increases by twice the inflation rate. To put it in some more personal terms, by the time my 5-year old little girl goes to undergrad, we’ll need around $200,000 to make a 4-year in-state university a reality. Did I mention I have two kids?!

Continue reading “Skip the Toy and Give the Gift of College”