Earlier this week, I was going through my normal monthly routine of updating a spreadsheet with my net worth as of August 1st. This is a quick process that usually takes less than 30 minutes a month to do, but one that I find incredibly valuable. If you are not yet tracking your net worth, […]
Do I need an emergency fund before investing?
One of the most common questions asked for those beginning to invest is: Do I need an emergency fund before investing? The Answer: It depends. In most cases, having an emergency fund before you begin investing is the ideal situation. This is the mantra waived by nearly all personal finance writers. Often, they overlook complex […]
Budgeting for Investments: A key factor in your success
Budgeting for investments is critical to becoming a successful investor. Without a clear budget that defines how much and how often you are going to contribute to your investment portfolio, you will find it difficult to make continuous gains in your net worth. In this post we’ll discuss: The relationship between budgets and investing Automating […]
