Category: Blog

Setting the Foundation

Posted on by econom38bg

Setting the Foundation

 

If you’re reading this article, you either are ready to tackle your financial goals, or you just had “the Talk” with your partner and you are both now on the same page towards defining your united goals. Congratulations! Now comes the real work, as you will have to start making changes in order to achieve those goals that you have planned out. This article is going to be focused on the individuals who have started to look at their finances and discovered that…MORE MONEY IS BEING SPENT THAN COMING IN.

This is a huge problem; the biggest. I’m here to help you out. First, breathe and remember that knowledge is power. You’re already well on the way to fixing this problem just by doing this research and finding this blog. Now, there are several steps you can take to reverse this flow of money.

Mr. Economic

 

“You’re already well on the way to fixing this problem just by doing this research and finding this blog.”

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The Talk

Posted on by econom38bg

Mr. Economic

“If you are not on the same page, it will be much harder to make strides in the right direction as you will both be working in different directions as opposed to helping each other down the same path.”

 

The Talk

 

Having control of your finances is a great goal to strive for, and personally I believe the more you talk to others about finances the better off you can be; you get other viewpoints, opinions, and ideas when brainstorming with others than just trying to figure everything out all on your own. This is highly critical when considering your significant other, especially if you are blending/involved with each other’s finances. As important as I think it is to be open and to discuss financial matters, it’s important to remember that not everybody thinks this way. Many people are uncomfortable discussing their finances, and if you have a partner who is not used to or open to the idea of discussing finances, this is a hurdle that will have to be jumped. This is important to you and your financial goals because you and your partner have to be working towards the same goals if you want to be as successful as possible. If you are not on the same page, it will be much harder to make strides in the right direction as you will both be working in different directions as opposed to helping each other down the same path. A partnership should be built on open communication and trust, and how to handle your finances and future financial goals require both these traits.

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Getting Started

Posted on by econom38bg

Getting Started

 

Welcome to my blog! This is a pet project where I am hoping to be able to spread knowledge and improve people’s lives. Important stuff first. Why should you care and bookmark my site? *hint hint*. The content within these electronic doors will allow you to take control of your life without relying upon an expensive financial adviser. The goal of this blog is not to make you part of the FIRE movement (the Financial Independence Retire Early movement), it is to give you the tools to earn freedom. If that freedom means joining the legions of FIRE fans, or if it just means being able to go out once more a week because you’ve saved money in other places, that decision is entirely up to you.

Mr. Economic

“The first thing everyone recommends is ‘Make a budget!’. That’s not how I suggest getting started.”

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