Here at Master the Simple, my goal is to help you become an expert of the small stuff so that the big stuff actually becomes manageable. Finances are somewhat of a bedrock for much of life. It's not everything, but becoming proficient in finances will diminish plenty of unnecessary stress in the future. One way … Continue reading How to Reduce Stress with an Emergency Fund
This post contains affiliate links. I think some taxes are good. I can already hear some of you saying "I literally have no idea what you're talking about." Yeah, it's tax season and financial woes are piling up. I'm a numbers guy and I hate doing my taxes. Last year, I spent upwards of 10 … Continue reading 4 Ways Taxes are Actually a Good Thing
I know what you're thinking. Pay off your debt before you even have it? How is that possible? Normal people put purchases on credit, get loans for cars, etc. Then they have to pay off that debt. Not only do they have to pay off the initial amount but all of the interest acrued as well. However, you can avoid this. All you have to do is this: Reverse the process. Instead of paying for debt after you … Continue reading Pay off Debt Before You Even Have It
"Do you have a budget?" I asked. My friend smiled slightly and answered, "Kinda...I mean, I pay my bills every month so I use that as a way for me to see where my money is going at least.” I suspect this is the way many people answer this question. But this isn’t budgeting. Budgeting … Continue reading Four Ways a Budget Will Make Your Life More Fulfilling
I had a low-key babysitting job when I was twelve but that income was entirely active income. Not a cent of it grew without me doing anything. I had to actually provide a service to someone in order to add to my piggy bank (ok, it was actually a doggy bank). Retirement, however, is a … Continue reading Money Growth: How Much Should I Invest for Retirement?
I wasn't very good at saving as a kid. Money burned a proverbial hole in my pocket. I liked to get gum when we went to the grocery store because it felt good to spend a dollar. To this day, I tend to be a spender. In fact, in our budget, Bailey (my wife) and … Continue reading How to Avoid Being Old and Broke (And How a 401k Can Help)