If you’re not familiar with Paula Pant from Afford Anything, you should take the time to check out her site… especially her podcasts, which are fantastic. I’m usually a little behind on my podcast rotation, but I just listened to another good one recently that fascinated me. Clark Howard was her guest in #47: How to Stop Being Your Own Worst Enemy. I’ve always enjoyed Clark Howard – I’m not sure if it’s how down-to-earth he is for a guy who reached financial independence at 31 or just how happy the guy always seems to be. Either way, my wife and I used to really enjoy watching his show that was on HLN a number of years ago. What really stood out to me
Yup, you read that correctly… we now have a net worth of just over $1 million. I logged into Quicken today, updated all my accounts, and was excited to see this: Holy schnikes, a million dollar net worth! It seems so surreal to think that we’ve reached such a big milestone. I’m really proud of how far we’ve come in our journey to financial independence. By keeping our expenses low, saving and investing as much as we can, and creating additional wealth through side hustles and real estate, we’ve really made some major strides in our financial future. Initially, we cut back on just a few things and saved the difference. But over time, we’ve found that as we eliminate a lot of the
Jim Rohn, businessman and motivator, once said, “You’re the average of the five people you spend most of your time with.” It’s something that actually makes a lot of sense since those are the people who influence you the most. It also might make you a little uncomfortable if your friends aren’t the most motivated people. Most likely, you enjoy your time with your friends (they are your friends after all!) and wouldn’t want to think that they might be holding you back in some way. However, not all friends help push you down the right track in life. This isn’t because they’re bad people, but maybe they’re not motivated to do something great or take control of their finances and lives. It’s time to determine if you should
Disclosure: This post contains affiliate links and we may receive a referral fee (at no extra cost to you) if you sign up or purchase products or services mentioned.401(k) mistakes have the potential to easily ruin your retirement savings. If you have the opportunity to contribute to a 401(k) plan at work, hopefully, you’re taking advantage of it. But even if you do, most of us just hand over our money and don’t think any more of it. That’s a problem – potentially a big problem and one that can cost you thousands upon thousands of dollars if you’re not careful. The good news is that these 401(k) mistakes are easily avoided – you just need to know what to look for.
I had to fire an employee today. I’ve let a number of people go over the years and it’s never something anyone enjoys… not me as the manager and certainly not the employee. But, it had to be done. His performance was definitely sub-par and it was affecting relationships with customers and hurting morale with good employees. Here’s the thing, though – it doesn’t matter. It doesn’t matter that it went as good as it could go. It doesn’t matter that he knew it was coming. It doesn’t matter that we gave him a decent severance. Unless you’re made of stone, it’s just horrible to have to sit down with a good person, completely disrupt their life, and cause them some amount of
Disclosure: This post contains affiliate links and we may receive a referral fee (at no extra cost to you) if you sign up or purchase products or services mentioned.A good friend of mine at work recently said he’s struggling on his month of trying not to spend money on non-essentials. He said he’s already had to spend $250 on a plumber and $200 to renew his identity theft protection for the year. Ok, well that makes sens— wait, WHAT?! $200 for identity theft protection?!! Holy mackerel!!! First of all, I’ve always wanted to work the phrase “holy mackerel” into a post, so mission accomplished. Since that’s out of the way, maybe now we can focus on the topic at hand…