tracking your net worth

Why Tracking Your Net Worth Is Important

Our personal balance sheets can tell us a lot about our current financial standing. It’s simple, assets minus liabilities equals net worth. Over time, the goal is to pay down liabilities, increase assets, and in turn increase net worth. If you’re sticking to a strategy that essentially sticks to this basic concept, you’re more likely[…]

financial accomplishments worth celebrating

9 Financial Accomplishments Worth Celebrating

Whether we like it or not, our finances provide a foundation for the other aspects of our lives. Failing to have our finances in order can put a strain on our relationships, our careers, and set us back years towards achieving financial independence. The journey towards financial independence can be long, arduous, and flat-out tough.[…]

achieve financial independence

The New Retirement: 7 Habits to Achieve Financial Independence

The FIRE or financial independence and retire early movement has grown in popularity over the last decade. The Great Recession saw many retirement savings wiped out through poor financial decisions coupled with the worst recession of our lifetimes. The traditional retirement mold has been broken. Why wait until your later years to leave a job you’re[…]