Fabulous Finance Ladies!

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It’s Friday, and since we celebrated International Women’s Day on Wednesday I’d like to take this opportunity to point my exceptional MMM readers in the direction of some fabulous finance lady bloggers! Due to the extremely ridiculous amount of talent out there by my fellow female bloggers, this is in no way an exhaustive list, rather a shout-out. Feel free to yell out type in your favorites in the comments! And without further ado…Continue Reading

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Are Emergency Funds Awesome? Or For Suckers?

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We’ve all heard the financial gurus out there telling us we need 3 – 6 months worth of expenses, 8 months worth of expenses, and even up to 2 full years worth of expenses sitting in a safe, accessible account in the event of an emergency. I’d like to dissect this advice a bit and get to the bottom of where it comes from and why you should or shouldn’t follow it.Continue Reading

Why Aren’t More Gen-Xers On FIRE?

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We grew up with MTV, the Rubik’s Cube, Reaganomics, and “Who shot J.R?” Our parents were Baby Boomers and they were no strangers to tough times. They lived through international and national turmoil, staggering gas lines, Vietnam, and more. They sacrificed, they saved their money, and they wanted to make the world a better place. Welcome, Generation X!Continue Reading

Doing Your Own Taxes Isn’t As Scary As You Think

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Before graduating to full adulthood, I was terrified to do my own taxes. I wouldn’t even consider the idea. In fact, I felt like there was no way I could understand the process and no way I could get it right. Essentially, I thought I would end up being audited and thrown in jail if I tried to do any such thing. Do not pass Go, do not collect $200. You screwed up your taxes and we’re throwing away the key. False. This was my thought process throughout my entire 20s. Then I hit 30, split up with my fiance, and was starting my life over in an empty apartment with 4 lawn chairs. That’s a story for another time. You can actually listen to it here. The point is that when I re-booted my life, I had to start from scratch and I didn’t have extra money to go pay someone else to do my taxes for me, like I had done in the past without a second thought. I had 4 lawn chairs to my name for god’s sake. I had to figure everything out on my own for the first time in my life. I did. And it was totally fine.Continue Reading

Why We Include Our Home’s Value In Our Net Worth

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One of the hottest debates in the personal finance space is whether or not the value of one’s home should be considered in a net worth calculation. There are people deeply rooted in both camps. We happen to be in the “we count it!” camp. But are we the exception, or the rule?   Continue Reading