The Beloved Beater

When we first came in for financial coaching in 2013, we had one last remaining debt – our 2007 Honda Odyssey that we had purchased used but with low mileage in 2010.  We’d done some things right when we bought it – researched and came up with a model that had a great track record, traded in our old Suburban …

Financial Fitness and Discipline

Ever wondered why financial habits are sometimes hard to change? You don’t need convincing, and you understand the mathematical or logical reason behind the need for change. The problem is in the doing it. Here’s why:  the pain of the problem (bad habit) has yet to exceed the perceived pain of the solution (habit change). Consider someone who’s by nature or …

Last College Tuition Payment!

Last college tuition payment. As I clicked the “Pay Now” button, I felt lighter. Our backstory is not unlike a lot of other couples with children our age.  We spent our 20’s having children, our 30’s raising them, and our 40’s….well, that decade came way too quickly.  And we had not saved a dime for our FOUR (4) children’s higher …

Five Years without Cable TV: A Retrospective

Five years ago, we cut the ties and cut our Comcast bill in more than half.  We got rid of cable.  Once and for all.  Not going back and do not even want to go back. In fact, I cannot think of anything we miss.   Maybe Astros baseball (which was remedied by an MLB pass and a VPN) or Hallmark …

Twelve (12) Way$ to Have a More Merry Christma$

If you are like many, Christmas comes and goes, leaving behind it an empty bank account and charged up credit cards.  To that end, we offer a few ideas for saving money during the last two months of the year. Clearance Halloween Candy – If you’ve been able to snatch up the 50% or more off candy from Halloween, you …

Five Financially Saavy Things to Do in Your 20’s

There have been many financially stupid things I did in my 20’s:  emptied my retirement account, bought a heating alarm system on credit, bought furniture on credit (both entailed paying WAY TOO MUCH for those things). If I could go back in time and talk to my 20-something self, those are some of the things I’d tell me NOT to …

The American Nightmare: Funding the American Dream

In our previous blog, we wrote that the price tag for the American dream is around $130,000/year.  If a household does not have that kind of income, how does its members keep up with the Joneses? Some do through the use of credit cards.  “Buy now, and pay later” often means “pay later and pay more too!” In 2017, the …

The American Nightmare: Student Loans

The American Dream has been defined as “the belief that with hard work and the freedom to pursue your destiny, you can achieve success and provide better opportunities for yourself and your children.” A 2014 USA Today article states that the price tag for the American dream is around $130,000/year.  What if we don’t make that sum of money?  Many …