Emergency funds are a must. Do you have one?

So, in this post, I mentioned emergency funds, and I've been meaning to write a separate post about them. That's because everyone - or at least every household - should have one. And yet, as I mentioned in my introductory post,  most Americans have less than $1,000 in savings. That is scary. I mean, it seriously worries me for the sake of all the people out there who fall into this demographic. Emergency funds aren't about reaching financial…

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Prioritizing savings and debt: which is more important?

As you can probably imagine, one of the things I spend a lot of time doing is reading comments on other blogs. I also read comments in Facebook groups, posts in forums, etc. It's always good to stay attuned to the questions many of you out there regularly ask. Usually, a common theme in many of those questions is prioritizing. In other words, is it better to save while simultaneously paying down debt? Or should…

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Smarter investing for a better future

Not long ago, I made a post about how actively managed funds, like Betterment, are better than not investing at all. Indeed, they will lead to a better future. Now, for the record, I haven't changed my mind: I still think they are better than nothing. Still, though, I am always looking for ways to improve, and my finances are definitely one main target of that agenda. To be totally honest, I was content with…

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Why automated investing is better than no investing

A while back, I created a portfolio on Betterment. Now, I must admit that among financial topics, investing is one that, personally, I have found to be pretty complicated. Perhaps that is why I chose to go the automated route because it vastly simplifies the process. I don't have to worry about muddying the waters of things like ETFs, S&P 500 index funds, and mutual funds. Instead, I contribute what I can, and my portfolio…

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