Building Wealth And Being Happy

A Practical Guide To Financial Independence

Category: millennials

It’s Not Just New Cars That Are Killing Our Wallets, Health, and Happiness

North Americans buy a lot of new cars. Robb Engen over at Boomer & Echo recently posted about Canadians setting a fourth consecutive record year in new car purchases, snapping up almost 2 million new vehicles in 2016. Wow. For a country of only 36 million people including children and the elderly, that’s an incredible statistic. U.S. buyers also set a record, buying 17.5 million new cars. Robb went on […]

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How Much Cash Should Be In Your Emergency Fund?

This is probably one of the questions that I get asked most often. To make sure we’re all on the same page, an emergency fund is: Money, usually kept in a savings account, for use in the event of an emergency. Emergencies could have a wide range of causes, such as finding out that a family of squirrels has stashed the corn that you were using to feed deer in […]

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The One Thing Everyone’s Missing About The Latte Factor

The latte factor

The Disagreement There’s been a little bit of drama in the personal finance blogosphere lately. Rachel Thompson recently wrote an article titled “I’m a millennial, and believe me, coffee is not the reason I’m broke.” Rachel raised some valid grievances such as rising education costs and difficult job markets, but she passed off those grievances as excuses for frivolous spending. One specific paragraph landed her in hot water among the […]

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