Would you pay $14,000 over the next six years so you could have $930,000 at retirement age? This seems like a simple enough question to answer, but the reality is few people will. This past week I have been studying the time value of money and it has been grueling learning the mathematical equations to solve the various [...]
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My wife and I both teach and our combined earnings exceed $50,000 but not above $100,000. We budget, clip coupons, worry about the rising cost of raising our family, and we often wonder if we are setting aside enough money to ensure a comfortable retirement for ourselves. If the title of this blog is life in the [...]
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About four years ago my wife and I went through a tough time financially that began an awakening financially. I am college educated and considered myself to be knowledgeable financially, yet we were in deep in debt and at risk of losing our house. I learned (or didn’t learn) about personal finance from my parents. [...]
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