Helping your family members out financially can be treacherous ground if you don’t navigate it properly. There is plenty of opportunity for resentment and guilt to grow, but it could also be an act of love and assistance that will leave both parties feeling appreciated. Whether you’re helping your parents cover medical bills or giving your recently graduated sibling some money to get started, Continue Reading
Smart Ways to Give Money Gifts
The holiday shopping season is in full swing! One gift that pretty much everyone on your list is guaranteed to appreciate is money. But if you want to put in more effort than just stuffing a couple of bills in a card, I have some ideas to help you jazz up your money gifts this year. Here are my top picks for money gifts that your friends and family will love: Money Gifts for the Kids An Continue Reading
Should You Accept a New Job Opportunity?
Whether you’ve been searching for months or received it out of the blue, a new job opportunity can bring a lot of exciting changes to your life. But enticing as moving to a new city or making more money might be, sometimes these factors cost more in the long run than what they’re worth. When you’re weighing the important decision of whether or not to accept a job opportunity, make sure you look Continue Reading
Open Enrollment: What to Look for in Mid-Career
For most people, open enrollment usually occurs in the fall. This is the time of year to review your healthcare benefits and make sure you’re still getting the coverage you need. If you’re at the mid-career level, there are some specific bases you should be covering. So this fall, here are some points to look out for when your employer sends you your open enrollment information: Open Continue Reading
Your Richest Life Celebrates Five Years in Business
I can’t believe it’s been five years since I started Your Richest Life. This is a big milestone in the life of a business, and it has been an exciting journey so far. Of course, there have been ups and downs. If you are starting a business yourself, you can expect a lot of surprises and course correcting. Just keep taking action and trying new things, and eventually, you find what works for you Continue Reading
How Decluttering Can Save You Money
Harnessing the spirit of spring cleaning - and the popular “spark joy” mindset - can actually save you money. Clutter has all kinds of negative effects, like lower cognitive functioning, feeling stressed, and making poorer diet choices. Clutter costs you more than just money, but your financial health can definitely be impacted, too. If you need more motivation to get decluttering, here are Continue Reading
Physician Finances: How to Avoid Lifestyle Inflation
You’ve endured years of medical school, grueling schedules and lower pay. Once you’re finally earning money as a full-time physician, it can be tempting to upgrade your lifestyle accordingly. This is called “lifestyle inflation,” and it’s a money downfall that many doctors are all too familiar with. It doesn’t matter how much money you make if your expenses keep you broke. Here are some tips to Continue Reading
End of the Year Money Moves
With New Years only days away, there is still time to make some smart end of the year money moves to set you up well in the new year. Here are some steps you can take to get your finances on track before 2019: 1. End of the Year Money Moves - Prepare for Tax Season Tax season probably isn’t on your mind much yet, but now is the perfect time to save yourself some money come April. Here’s a Continue Reading
Money Gift Guide – Easy Gifts Under $80
Holiday shopping season is here again! Last year I covered some of my favorite money board games for kids, and I've written about my ideas for giving money as a gift. This money gift guide is for fun extras that you can gift to anyone on your list. Here are some of my favorites: Planners Monthly Budget Planner: $6.99 This affordable planner is a great gift for the woman who likes to plan in Continue Reading
Minimalism vs. Frugality: How to Use Them to Improve Your Life
As our lives have become overrun by stuff, there is a big push to simplify and save money. These two ideas come down to two big buzz words in the personal finance world: minimalism vs. frugality. There are big benefits to having less - like lower stress levels, better mental health and more time. There are obvious benefits to spending less too, like saving money, paying down debt and freeing up Continue Reading