Do You Need Life Insurance for Children?
While few parents need life insurance for children, insurance brokers love to pitch it for the commissions. We cover the main selling points to help you decide.
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Zero-Based Budgeting: What It Is and Why We Love It
Zero-based budgeting gives each dollar you own a job, so it works as hard for you as you worked for it. This method can help you with financial independence.
Choosing a Health Insurance Plan During Open Enrollment
We walk you through the process of choosing a health insurance plan during open enrollment so you know how to assess which plan is the best fit for next year.
Adjusting the 50/30/20 Budget for Your Situation
We cover four main factors that play into adjusting the 50/30/20 budget for your personal financial situation, as well as give an example budget for each.
How to Pay Off Debt Faster
We want you debt free as fast as possible so you can find your freedom FIRE. Here are our top ten tips to help you pay off debt faster.
Debt Snowball vs Debt Avalanche for a Mountain of Debt?
We’ve covered the debt snowball and the debt avalanche separately, showcasing the pros and cons of each. Using the same
The Debt Avalanche Method for FIRE Freedom
The debt avalanche prioritizes paying off debt from highest interest rate to lowest. We cover how it works, the pros/cons, and who it’s good for.
The Debt Snowball Method for FIRE Freedom
The debt snowball prioritizes paying off debt from smallest amount to largest. We cover how it works, the pros/cons, and who it’s good for.
The 50/30/20 Budget
The 50/30/20 budget is a general guideline to help allocate your monthly take-home pay into 50% needs, 30% wants, and 20% savings.
Evaluating the Opportunity Costs for FIRE
Not all goals are congruent in the freedom FIRE process. Every step toward a goal, and sometimes goals themselves, are a balance of opportunity costs.