- The Moneycessity Newsletter
- Topics
- Housing
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.
How To MAKE MONEY on Your First Home
How to make money off my house? If you made the same mistake and bought a house as your primary residence solely because you thought it would be a good investment like me and Natalie, you’ve come to the right video. We will compare the yearly costs of owning a house to renting an apartment in a 10-year projection and discuss 3 methods to reduce expenses and make money without leaving the house
Why Buying a House is the WORST Investment of My Life
You’ve heard it before: “Renting is throwing money away’’ but is buying really better than renting? Today we’re going to do the math taking into account opportunity cost. I will compare the cost between owning and renting taking into account the down payment, closing costs, mortgage payments, maintenance, tax, and insurance for buying a home in Texas.