Thinking of making a big purchase soon? How can you get the best deal and have a great time, simultaneously? Today we’ll explore a few best practices for buying big ticket items like a car or a new appliance, to ensure that your dollars work as hard for you as you worked to earn them! 🙂 Use Your Own Money The first step to any big purchase is saving up the money! Obvious as this…
Any time you turn on the TV, open a magazine, or walk down the street, you’ll find a plethora of advertisements for incredible products that you can’t live without. While many of these products may well be amazing, if you lose control of yourself and let the little kid inside take over, you can end up with a home filled with some cool stuff and retirement and savings accounts filled only with IOUs. Perhaps worse…
In today’s post, we’ll explore the important distinction between saving and investing — two terms that, though often erroneously used interchangeably, must be treated in distinctly different ways on your path toward a thriving life. Be Prepared for the Unexpected Saving ought to be done first — and for a specific purpose. As we’ve discussed previously, one of the first milestones you need to hit as you pursue the thriving life is to save a…