Wealth vs Income: What is the Difference?
What’s the difference between income and wealth? Let me ask you a question. Do you think people are wealthy based on their income? If so, then all doctors and lawyers should be among the wealthiest as most are high income earners, right? The majority of the physicians and dentists I know have solid six-figure incomes but have […]
What Is Barista FIRE?
The cost of living has been rising steadily for decades, but unfortunately, wages have largely remained stagnant. Combined with a difficult labor market, these factors have led many individuals to seek a way out. Enter the financial independence retire early (FIRE) movement, which encourages people to increase their savings, decrease their spending, and invest the […]
13 Best Cash Envelope Wallet Options to Manage Your Money
When it comes to saving money, cash budgeting using a cash envelope wallet is a great way to get started. You can use these wallets to control your budget by limiting how much money you have in each category. This can help you stay on track and avoid overspending. There are several different cash envelope […]
Fat FIRE: Living Large in Retirement
The idea of financial independence retire early (FIRE) has gained tremendous steam over the past few years. FIRE is a movement where people seek to save money, invest, and grow their wealth so that they can retire much earlier than is typical. Pursuers of FIRE also tend to spend less than most, focusing on increasing […]
Rich vs Wealthy: Is There a Difference?
It’s not easy to tell the difference between rich and wealthy. Sometimes we use these words interchangeably, but they aren’t always the same. It depends on the individual’s circumstances. So what is the wealthy and rich definition, and how do you determine between the two? How do the rich and wealthy focus their money and […]
Is Audible Worth It? Best In-Depth Audible Review
You’ve likely heard the hype about Audible. It’s a great deal for those who rely more on the audio format than reading a hard copy. You can have books read aloud to you while you do just about anything. Multi-tasking and using technology are great, but is Audible worth it? There’s a monthly fee whether you […]