- The Moneycessity Newsletter
- Topics
- Budgeting
5 Things To Avoid If You Want To Be Rich
Understanding wealth creation is more nuanced than mimicking the lifestyle of the wealthy. We will explore five major wealth traps that can hinder financial growth. We delve into the importance of compounding, diversifying investments, and continuous personal and professional growth.
Is Emergency Fund DEAD in 2024?
Should I save for an emergency fund? They told us that we need an emergency fund but do we really need it and if so, how much is too much for an emergency fund? I will share the opportunity cost of having an emergency fund, whether I am overfunding or underfunding my emergency fund, and the best types of accounts for storing my emergency fund.
Frugal Living Tips to Save Money: How I DECLUTTER My Expenses
How to save money frugal living? I am sharing 4 tips on living a frugal yet fulfilling life with his wife Natalie and our two cats Lili and Mom. For us, it is all about getting the most happiness out of every dollar spent and being mindful about 4 spending categories that can get in the way of getting to financial independence.
This SQUASHED My Fear of the 2024 Crash | Stock Market Crash Explained
Is the Stock Market About to Crash in 2023? I am going to distill down the three causes of a stock market crash based on historical evidence and what you should do in each situation to come out on top. Let's get into it!
How To LEVEL UP Financially in 2024 | Investing Explained for Beginners
We are going to break down financial planning (budgeting, paying off debt, investing, retirement planning) through the stages of financial growth from Ice Age to Space Age. How does mastering each stage can launch you into a realm where your investments grow faster than your expenses? Let’s dive into the journey from financial infancy to achieving ultimate financial freedom!
Why I HATE the 50-30-20 Rule | Budgeting for Beginners
While the 50–30–20 budget rule may have been popular, I’m going to explain why the 50–30–20 budgeting is NOT for 90% of people and explore alternative budgeting strategies that can help you save more money without losing sleep at night.