Dear 20-Year Old, Invest Now and Retire Early

I recently sent a letter (yes, a real letter) to my 20-year old nephew encouraging him to start saving for his retirement today. With time and compound interest on his side, his options are endless. In order for him to reach financial independence, he’ll need to invest and adopt some crucial money-smart habits early on in his life.

Cross your fingers for me that the message resonates with him!

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Simplify Your Marriage and Finances with a Budget – with HoneyFi

Marriage is a beautiful thing. You get a best friend for life that loves you, laughs at your bad jokes and tells you when you have one of those stray hairs in your nose.

Your spouse is your friend, your partner-in-crime and that person who simply tells you like it is. It’s all in the vows, right? You’re supported in good times and bad, in sickness and health, for all our days on earth.

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8 Compelling Reasons to Pay Off Your Mortgage Early

My wife and I have been paying down the principal on our $200,000 mortgage for almost four years now. The balance currently sits at $20,000. We are knocking at the door of mortgage payoff paradise!

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With My High Income, Why Can’t I Get Ahead?

From time to time, I receive questions from the Marriage, Kids and Money audience. I thought this week I’d shake up the show format a little bit by answering one of the questions I received recently about controlling expenses when we have a high income. Enjoy!

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Escape Student Debt, Build Wealth & Become Financially Independent – with Robert Farrington

Reaching financial independence takes a whole lot of drive and determination. It definitely does not come to us overnight. There are difficult steps that we must take to earn the truly awesome rewards that come with owning our own time and choosing the direction of our day.

One of those major milestone steps is escaping the grips of student loan debt.

Recently in the US, Student Loan Debt exceeded credit card debt and surpassed the $1 Trillion mark for the first time. In our great state of Michigan, the average student loan total is around $35,000. When you’re barely making that much as your starting salary, eliminating those loans can seem like a constant uphill battle.

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Finding Life Balance with the 50/20/30 Savings Rule

In an effort to build up our savings lately, I’ve been researching a lot about how we can cut back our annual expenses. I’ve found that there’s a fine balance between reducing our overall spending and maintaining our current level of family happiness. After all, we could save 100% of our income, but that would leave us with no food, no home and no fun. (Insert sad face emoji here).

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How to Travel to Disney for (nearly) Free – with Brad Barrett

Six years ago, I decided to go credit card free. I had gone through Dave Ramsey’s Financial Peace University where the credit card was labeled as the enemy of financial freedom. Since Mr. Ramsey’s advice had helped me in so many other areas of my financial life, like paying off our debt and getting proper insurance coverage, I thought avoiding credit cards completely was the smart way to go.

Last year, I decided that the concept of going credit card free was flawed. Or at least it wasn’t completely necessary for me. I know there are a lot of people out there that don’t have control over their spending when it comes to credit cards. That was never me before I got into Dave Ramsey’s teachings and it definitely isn’t me now.

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Life After Dave Ramsey’s Baby Step 7

When I read the Total Money Makeover by Dave Ramsey in 2011, I knew going through all of the 7 baby steps could take quite a while. The book’s structure of saving money, paying off debt and investing was simple and easy to understand, but it definitely had some years attached to it. This was not a “get rich quick book” for sure. Nevertheless, I was intrigued and inspired to follow Dave’s 7 steps and see where it took me and my new family.

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20 Empowering Quotes about Money and Personal Finance

Over the last year on my podcast, I’ve had the pleasure of speaking with a collection of millionaire entrepreneurs, early retirees and personal finance experts. These conversations have allowed me to learn, grow and inspire others to win with their finances and create a better future for their family. After each episode, I share a quote that motivates me and the listeners of the podcast to take action.

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5 Smart Reasons to Have An Emergency Fund

Having an Emergency Fund is one of the first and most important steps in creating wealth. This simple act of saving will protect our families from the unexpected events of life and the dreaded ‘rainy day’.

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