A situation where people’s lifestyle or standard of living improves as their discretionary income rises either through an increase in income or decrease in costs. As lifestyle creep occurs, and more money is spent on lifestyle, former luxuries are now considered necessities. https://www.investopedia.com/terms/l/lifestyle-creep.asp#ixzz58ETIu2pV Lifestyle […]
I want to explain something very simple. Becoming wealthy has absolutely nothing to do with how much money you earn at your job. Your income is a tool to become wealthy. A high income alone does not mean you are […]
Holy Crap! What a week in the financial markets. 500-1,000 point swings daily! Anyone who started investing in the last 8 years or so- Surprise! The stock market goes up and down! You enjoyed an amazing run up with limited […]
Have you heard of the phrase Side Hustle before? There is a whole subculture of people doing odd jobs to make an extra buck or to have a creative outlet. It is amazing. Companies have been created to get your […]
Over the last 3 days the stock market has been more volatile than it has been over the last 3 years. Risk has returned…. However, in financial planning risk never left. But we view risk very differently. To us, not […]
