When investing, you need to do the math
The first rule of investing is to do the math. Put simply, when you save your money and make investments, what you’re doing is constructing a simple puzzle. Each part of the puzzle fits together. The same is true for your long-term saving and investing efforts. Everything should fit together to achieve your financial objectives. […]
A coffee drinker could become a millionaire
An incremental savings plan is one where you reduce, or get rid of, a recurring expense. This is how a coffee drinker could become a millionaire. It is quite easy. All it takes to understand this concept is a little arithmetic. In financial planning we spend a lot of time talking about savings. In order […]
