Teaching Kids About Money [The Complete Guide]

If you're like me, you want to teach your kids about money so that they can create a life of freedom and independence for themselves. Maybe you struggled with money a bit when you were younger, like me, and you don't want them to have to go through the same problems (credit card debt, not getting ahead, etc.). Here's the thing. You have the ability to help your kids succeed. By learning about money yourself, you're giving your … [Read more...]

What You Can Expect from a Financial Planner [Plus How Much They Cost]

The world of investing and financial planning can be confusing. If you've heard about certified financial advisors, you may be wondering exactly what do they do and whether or not you need one. Even as a CPA myself, I've found this world a bit confusing. But I spoke with some friends who are advisors, did my own research with an advisor session, and I'm here to share what I learned with you. A financial planner can do anything … [Read more...]

Should You Participate in Your Company’s Employee Stock Purchase Plan?

A few years ago I was given the opportunity to participate in my company's employee stock purchase plan (ESPP). After some research, I discovered these plans can be a huge benefit if you do them right. Most people who have access to an Employee Stock Purchase Plan should definitely use it, max it out, and flip it immediately. Doing so will almost guarantee an almost 30% annual return on your money. Are you considering your … [Read more...]

The Complete Guide to 529 College Savings Plans

  Have you been thinking about saving for your child's future college expenses? Are you curious if you should get started with a 529 college savings plan? It took me three years from the time I started thinking about setting up a 529 college savings plan to actually open one up. It's one of those big financial check-offs that just seems to elude us...till it's too late. If you're like me, you're probably wrestling with … [Read more...]

Should You Payoff Your Mortgage Early? Yep! Here Are 6 Strategies to Pull It Off!

My wife and I are 38 and 43, respectively, and we just paid off our home mortgage - a home we purchased seven years ago. It feels great to own our home outright and not have the risk of that big debt in our life. Making the decision to pay off our mortgage early is a decision we’ve gone back and forth on. We’ve wrestled with it. But, ultimately, our financial successes and inertia pushed us to go forward with the payoff. If … [Read more...]

How to Make Money Blogging [8 Important Questions Answered]

Instead of an actual interview with someone else today, I thought I'd share a bit of my own knowledge about making extra money from blogging. Blogging can be a great way to make money on the side. It’s a perfect side hustle because it’s flexible and doesn’t require much in terms of start-up costs. Once you get the hang of building a successful blog, the sky's the limit when it comes to your earnings. In fact, many turn their … [Read more...]

39 Summer Jobs for Teens and College Students [Plus What to do with the Money]

Do you (or your teen) have a job for summer yet? With summer approaching, I thought I'd share some common summer job opportunities for teenagers and college students to make extra money. I loved most of my summer jobs. Each brought me a different experience and helped to teach me about myself. What jobs are available and their pay rate will depend on where you live, the employer, your age, and other factors. Child labor laws also … [Read more...]

The Modern Day Handyman: Get Your Smart Home Devices Installed (Puls Review)

  This post is brought to you by Puls. While this is a sponsored post, all content and opinions expressed here are my own. I recently purchased a Ring doorbell--you know, the doorbell with a camera and speaker tied to your home WiFi--to replace my old, standard doorbell. I was excited about experiencing the benefits of the new gadget, but not so excited about installing the doorbell itself. I’ve got a long list of honey … [Read more...]

How to Start a Business with No Money

Want to improve your finances by adding more income to the mix? Start a business. Wondering how to start a business with no money? Do you think you need small business funding to kick things off? BS! Sure there are some types of businesses where full ownership will be limited if you can't come up with your own capital to fund things (e.g. a franchise). Don't think for a second that you have to possess a lot of cash to … [Read more...]

Introducing Vidzuno, aka How to Start a Video Production Company

I recently started a third business: FinVid, LLC (doing business as Vidzuno). We’re calling it a "video production company" with a mission to "help influencers and brands create amazing video." It’s admittedly broad in scope. We’re hoping to refine that this year. Today I thought I’d share my motivation for this new company and walk you through the steps I took to get it up and running. This company--and how I think about … [Read more...]

The Cash Flow Analysis for Our Rental Property (at Year End 2018)

It’s time once again to do our annual rental property cash flow analysis. To see previous years, visit the link at the bottom of the post. Twenty-eighteen was another challenging year for our rental property: 100% occupied (thankfully), new contract negotiations, and major water damage that ruined the wood floors! If you're new to my recaps, this is property is our old personal residence - a Frisco, TX townhome we purchased in … [Read more...]

The Important Things We’re Saving For (Our Savings Goals for 2019)

Each year I take a moment to consider our annual savings goals: retirement, emergency, short-term, etc. What do we want to get done with our savings in 2019 to feel like we made a solid push towards our plan for financial independence? Let's take a look. I’m a believer in being intentional and putting carrots out there for myself. So, here we are. If you want to have success with your finances and move towards financial … [Read more...]