Reach FI Faster With The Seven BEST Compound Interest Investments!
If you’re familiar with personal finance then you likely understand compound interest, but do you actually know how to apply that knowledge into your FI journey? It’s hard to take book knowledge and turn it into street knowledge, so that’s why I am here to tell you the best compound interest investments! Before we get […]
Curious How Much Of Your Paycheck Should You Save? I Got You Covered!
One of the most controversial debates that occur in the Financial Independence Retire Early (FIRE) community are ones that are based on your savings rate. People debate numbers and methods that are all over the board so I’m here to cut through the nonsense and answer the question once and for all – how much […]
You Will Fail Trying to Get Rich Quick. I Promise.
One of the biggest mistakes that I see with new investors is that they start off with a mindset that they can get rich quick. Sure, you might get lucky and hit it big with a couple stocks, but that’s not going to make you get rich quick. The question that I ask is – […]
Stop Bleeding Money with Activity Based Budgeting!
Updated: 6/7/22 Many of you know me as Doctor Budget, which I absolutely love, but I personally think one of the most important things for a doctor to do is understand that not everything in life is a one-size-fits-all approach. That being said, one of the approaches that I use in Doctor Budget is with […]
5 Disadvantages of Credit Cards to Be Aware Of Prior to Opening One!
“Wait – Andy, are you telling me that there actually are disadvantages of credit cards?” Yes, I certainly am. I know that sounds facetious, and it mainly is, but everyone always talks about the advantages of credit cards, and that includes myself. I mean, there’s the obvious ways that you can make money with credit […]
Want to Retire Early? You Better Understand the Importance of Investments!
If you’re even thinking about retiring early, or really even retiring at all, then the importance of investments absolutely cannot be understated. If you’re struggling to see how investing can play into your ability to retire early then don’t worry – I am here to help! I personally know people that have piles and piles […]
Forget Me, Let Albert Einstein Explain Compound Interest and How You Can Master It!
Albert Einstein – “Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” End of post. Just kidding, but also not. Isn’t that somewhat of a “mic drop” by Mr. Einstein? For the first couple years of my investing journey, I really didn’t fully comprehend […]
5 Tips to Make Your Food Budget Work For You!
Updated 1/18/2024 One of the biggest mistakes that I see with people is that they lack a food budget. Honestly, that is mind-blowing to me because food is usually people’s third-largest expense behind their housing and transportation expenses, and quite frequently, it can even be the second-largest expense! Personally, I aspire to be in a […]
Yes, Acorns Found Money for My Friend, But I Have a Better Solution!
I recently had a friend tell me that Acorns found money for them and it really made me think about if it makes sense to use Acorns as an investing strategy in your process. So, can Acorns find money for you to invest as well? I won’t go too far into the weeds with Acorns […]
Use this FREE 401k Loan Calculator to See if a 401k Loan is Right For You!
I’ve made it well-known in the past that I had borrowed from my 401k to help payoff some higher debt in the past and I have said that this was a big mistake of mine…but, was it? Let’s crunch the numbers with this 401k loan calculator and get down to the bottom of things! A […]
