BLOG
What to Do When You’re Feeling Guilty After Spending Money
Picture this — you just bought a brand-new minivan. It’s gorgeous, it has heated seats, it’s super safe, and it can easily fit your kids and all their stuff. This is the minivan you’ve always wanted, and you got a great deal on it. But as you’re driving it all off the...
Are You Afraid of Making More Money?
Starting a side gig, changing jobs, or negotiating a raise at your current position? Raising your income is a powerful way to increase your net worth, but you might be feeling a little worried. What if making more money has unintended consequences? You may be thinking...
What Type of Financial Expert Do You Need?
Feel like it’s time to take control of your finances? Where do you even start? And what type of financial expert should you hire? Do you need a CPA and a financial planner? What about a bookkeeper? There’s a lot to think about! With all the options out there, it can...
Why (and How) to Update Your Beneficiaries
Is it time to update your beneficiaries? Do you know for sure who’s listed as the beneficiary for your life insurance policy? What about your retirement plan? When was the last time you reviewed that paperwork? If it’s been a while, that’s OK — it’s not something...
How to Financially Prepare for a Baby
Are you ready to grow your family? Whether you’re just thinking about the future or looking at a due date that’s just a few months away, it’s critical to prepare as much as possible. We won’t tell you which car seat to buy or how to decorate your nursery, but we do...
Building a Healthy Relationship With Money
Money is always a touchy subject, but it’s especially challenging in a world with rising inflation, sky-high housing prices, and an unpredictable stock market. Add in a hefty dose of unsolicited advice and judgment from parents and grandparents, and you’ve got an...
Making Intergenerational Housing Work for You and Your Family
Millennials get blamed for a lot — killing Applebee's and cable TV was just the beginning. Every week, it seems like there’s a new story about some “important” tradition that Millennials (and Gen Zers) are choosing not to follow. And now, we’re seeing the latest trend...
Planning for Big Purchases
What’s the best way to protect yourself financially when you make a big purchase? How can you determine whether it’s best to pay in cash or take out a loan? Most people don’t make large purchases very often, so when the time comes to think about buying a new car or...
Managing Your Money: The Importance of a Strong Money Mindset
When you think about “personal finance,” what comes to mind? Most people automatically think about financial strategies, like investing or saving for retirement. But effective financial management isn’t just about these tactical actions. There’s another crucial part:...
How to Balance Parenthood and Your Career
It’s not the 1950s anymore – we’re no longer living in a world where every family can afford a white picket fence and 2.5 kids while Mom stays at home and Dad’s blue-collar salary covers all the expenses and a yearly vacation. We’re in the post-COVID 21st century...
Financial Planning for Millennials and Gen Zers
When you think about financial planning, do you immediately picture your parents or grandparents meeting with a retirement planner and talking about their investment portfolio or their estate plan? It’s how many people view financial planning, but you don’t have to be...
Essential Protections to Put in Place Before Buying a Home
Whether you’re getting ready to buy your first home or are looking to upsize or downsize, there are many essential things to do before signing the closing papers. Buying a home can be exciting, but there’s also some financial risk involved. Of course, one of the best...
Finance Fundamentals: The Four Things You Can Do With Money
When you boil it down, there are four things you can do with money: spend, save, invest, or give. Every transaction, from your emergency fund contribution to your morning latte to the $20 you stick in your niece’s birthday card, falls into one of those four...
It’s a Down Market: What Should You Do?
Being in a down market isn’t fun. But unfortunately, that’s where we are right now. It would be great if we could say that the market will be back in no time, but that’s not likely. Chances are we’ll have to deal with this bear market for at least a little longer. So...
The Number One Secret to Financial Success
If you’ve spent any time researching personal finance, you’ll know that there are countless podcasts, blogs, and books promising to give you The Key or The Method or The Secret to financial success. Unfortunately, most of those promises end up being nothing more than...
Budgeting, Setting Goals, and Choosing Trade-offs Wisely
Here at Everyday Money, we like to question the conventional wisdom of the personal finance world. Because honestly, a lot of those hard-and-fast rules for “smart” money management are anything but. Case in point? The constant focus on “financial freedom.” What does...
Key Financial Metrics To Help You Understand Your Money
When you’re just starting to manage your finances, it can be overwhelming to think about everything you “should be” keeping track of. Do you need to record every purchase, even if it’s just a gas station soda? Should you set up a stock alert for every investment in...
Changes Ahead: How Our Financial Priorities Shift
It would be nice to think that you could create a “set it and forget it” plan to manage your finances. And while something like that might work well for a while, it’s not sustainable in the long term. You’ll probably experience several changes in your income,...
What to Do When Money Feels Overwhelming
Do you feel unclear about where your money is going but unsure of how to get a better handle on the situation? If so, you aren’t the only one – it’s a fairly common problem. We see countless individuals and couples who don’t really know what their finances look like....
Appreciating Where You Are Right Now
Managing your money well is a never-ending process. There’s always something new to learn and ways you can improve. It’s important to listen to new viewpoints and make modifications to your financial goals and budget. But balance is also important. Sometimes, the...
Want to Change Your Money Goals? Permission Granted
A common piece of financial planning advice is to set some money goals for yourself and your family. Some popular goals are building up an emergency fund or saving for a mortgage down payment, a new vehicle, a vacation, or retirement. Having a clear financial goal can...