The Blog

Welcome to the Wealth Habits Blog. We have a lot of fun here while we help each other to avoid doing dumb things with our money. All the information on the site is 100% free to you. There is a ton of information here, and I understand it can be overwhelming to the first timer, so I suggest you start here with this page. Thanks for stopping by and reach out to me if you need any help!

What’s Your Net Worth, and Why Does It Matter?

Many financial planners discuss net worth statements with their clients and in their content online. However, if you’re like most people, you might be a little bit confused about what, exactly, your net worth is - and why it matters. What is Your Net Worth? Net worth...

Is Financial Tech Hurting You?

We live in a digital world. There are so many different mobile apps and user-friendly software options available to everyday people. For almost every dilemma you can think of, there’s an app available that solves it. The personal finance space isn’t exempt from this...

Emotional Impact of Debt

Everyone knows that debt isn’t good for your finances. Debts that perpetually accrue interest force you to repay more than you originally spent. Large student loans or consumer debts eat away at your monthly cash flow, making it difficult to save and spend according...

Summer Spending With Kids

When you have kids, summer can be an expensive time. There are so many opportunities for both you and your children, and it’s easy to slip into a spending trap. Even people who tend to be on top of their budgeting and track their spending habits can fall down when...

Say “No” To Lifestyle Inflation

We’ve all been tempted to overspend before. Often times it’s harmless. We spend a bit too much on date night, or we buy something we don’t actually need from a tourist shop on vacation. Small breaches of our budget are forgivable - and common! They happen to everyone....

What Is the Best Student Loan Repayment Plan For You?

Did you know that the average medical school debt is approximately $189,000? After interest (at an estimated 6.5%), that means you’re looking at $225,855 in loans to pay back. If that doesn’t feel like a punch to the gut, I don’t know what does. The good news is that...

Tax-Efficient Financial Planning Ideas

It’s no secret that tax filing season is stressful. You don’t want your tax refund to be too large, because that means you’ve essentially given an interest-free loan to the federal government for the last year. At the same time, you don’t want to owe taxes after you...

Jump Start Your Retirement Planning Now

Even if you’re still in the beginning of your career, it’s always a good idea to consider your retirement savings strategy. In fact, the sooner you start building your retirement savings, the more money you can put away in a retirement savings account now,...

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