Once you hit middle age, it can be a bit challenging to navigate the next moves in your finances and career. Should you take a chance on a new job, or stick with your current position? Do you know when you want to retire? Are you saving enough for the retirement you want? Wherever you’re at with your plans, watch out for these common midlife money myths along the way: Midlife Money Continue Reading
Estate Plan Moves for Your 40s
By the time you’re in your forties, you should have a pretty thorough estate plan in place. You might have kids and a spouse to think of, are more established in your career and typically have some assets to your name. Don’t panic if you’ve barely begun on your estate plan. It’s simple to put the basics in place, and you can fill in any gaps from there. That being said, if you’re missing Continue Reading
Personal Finance Habits of Successful High-Income Earners
Earning a high income doesn’t make you an automatic success with money. Bringing money in is just one part of the equation. The second part is actually keeping and growing that money. Overextended lifestyles, spending without a plan and failing to consider the long term are just a few of the common enemies of a healthy financial life. There are certain traits that high-income earners with a Continue Reading
Common Financial Mistakes and How to Fix Them
It doesn’t matter how much of a whiz you are with your finances - you’re bound to slip up somewhere along the way. If financial mistakes can happen to Ray Dalio and Warren Buffet, they can happen to you, too. The good news is that some of the most common missteps have pretty straightforward solutions. Here are common financial mistakes you might run into, and how to bounce back from Continue Reading
Spring Cleaning Your Finances
Longer, warmer days are the perfect excuse to open the windows and clear out the clutter. Just like spring cleaning out your space helps clear your mind, organizing your finances can show you where you need an adjustment. Spending just a few dedicated days a year to your finances can help you make massive changes, and spring is an ideal time for that. Here are some tips to take advantage of the Continue Reading
Happy Second Birthday to Your Richest Life!
Your Richest Life is two years old! It has been a challenging, exciting journey, one that is constantly evolving. Owning my own business has been a lot of work, but it's work I love and have fun with. Here are some of the highlights over the last year: I've had the honor of speaking at several professional women's conferences and organizations, including the Texas A&M Foundation Women, Continue Reading
Tackling Financial Goals in the New Year
If you’d like to make your money work for you, you probably have a few financial goals for the new year. I work with people every day who are working to do things like save for retirement, plan for college, and pay off their student loans. Accomplishing these financial goals is an important part of creating a secure financial future. But if you're not sure where to start or if you’ve tried and Continue Reading
Your Emergency Fund Should Be Boring
Sometimes, financial success can be exciting. It’s exhilarating to finally get the raise you worked so hard for, buy your dream house, or take your long-awaited European vacation guilt-free. But some sound financial concepts are boring. Emergency funds are definitely snooze-worthy. After all, they are there to help you sleep soundly at night. Emergency funds provide a buffer to help you Continue Reading
Choosing the Best Financial Planner for You
Whether you're a recent graduate or a seasoned professional, a single person living in the big city or a family living in the suburbs, you could most likely use the advice of a financial planner. A big misconception is that financial planners only manage the big bucks of the country's wealthiest people, but that couldn't be farther from the truth. The trick is to find the best financial planner Continue Reading
6 Ways Professionals Should Spend Their Money
Do you feel like you’re always reading articles about what you shouldn’t spend money on? Well, this is not that kind of article! If you’re a professional, here are six things that might be worth your hard-earned cash. Several good suits and a good pair of shoes If you ever need to go on a job interview, or your profession often puts you in front of clients, you’ll need a few nice suits or Continue Reading