For many folks, 2020 is already in the rear view mirror, but I am still in reflection mode. I wanted to share some of the top sustainable swaps I made in 2020.  Products I Purchased to Reduce Waste Reusable Make Up Removing Cloths Reusable Cotton Rounds […]

Accumulating wealth paves the path to Financial Freedom, but so what? Why does anyone want to be financially free in the first place? Well I think there are a few reasons, but one of the main reasons we strive to be financially free is so […]

Student Loan debt is crippling the United States. It’s a $1.5 Trillion dollar crisis with over 44 million borrowers as Forbes recently reported. For those of you struggling with debt, this is not anything new. Many folks are fortunate enough to have family members pay […]

As we covered in this post, reducing expenses can have a much more dramatic impact on your net worth than increasing your income by the same amount. The impact spending has on your net worth, and the fact that spending is personally controllable (or mostly […]

Simply put, Expenses are the goods or services you spend your money on. This is the category of spending that is typically addressed by “budgeting”. Generally I find budgeting posts to be overwhelmingly unglamorous or wrought with not-so-subtle value judgements – both of which can […]

Let’s talk about income. Although income may seem pretty straightforward, the implications of income are actually rather nuanced.   For the vast majority of the population, a person’s salary is his or her largest source of income (we will cover income diversification in a later post). […]

The first step in the journey towards financial independence and wealth building is understanding your starting point. Let’s call this the baseline. I know it’s scary, but trust me, you can’t begin to measure your progress until you really understand your own numbers. There are […]

This is my very first post here on The Wealth Balance. Some of you may be wondering why the world needs yet another blog on personal finance.  There’s a glut of information out there on this topic, so why add to an already saturated market? Well, […]