CategoryPlanning

Have you ever wondered what happens if you don't file taxes? Spoiler: Nothing good – even if you miss filing your tax return for just one year.

If you've ever read an old-school personal finance book, you've probably heard of the cash envelope system. Keep reading as I discuss this system, how it works, and why it's still so effective in the age of online budgeting tools.

Recessions are arguably inevitable in modern capitalist economies, occurring roughly every 10 years. Keep reading as I share some tips regarding how to prepare for a recession so you can weather – or even rise above – the turmoil.

Cars easily rank among the costliest items most of us will purchase in our lifetimes. But is a car an asset? How should it be accounted for during the process of calculating your net worth? Keep reading as I share my thoughts and tips for contextualizing your vehicle's value.

Wondering how to make money without a job? Whether you're looking to supplement your traditional income or replace it altogether, keep reading as I share some strategies.

In this article, I'll show you how to build wealth in your 30s despite the many economic challenges that affect millennials.

Many people view money as little more than a means of paying for products and services. In reality, it's actually the greatest wealth-building tool out there. In this article, I'll discuss how to make your money work for you using a variety of tried and true methods.

Luxurious experiences and possessions aren't just for rich people. In this article, I'll discuss how to live a luxurious life on a budget without betraying common sense values such as living below your means. In the process, I'll challenge common conceptions about what "living a luxurious life" even means to begin with.

A no-buy year involves cutting all discretionary purchases out of your budget for 12 months. This can be incredibly helpful if you're trying to pay off debt or save for a large future purchase. Keep reading as I share some tips for completing a no-buy year successfully.

If you're a typical 20-something, you likely find the concept of building wealth to be very foreign. After all, you probably haven't been working full-time for more than a decade or so. You may even have student debt and other obligations that seemingly make building wealth next to impossible. I'd like to challenge that notion, though.