tangalooma Archives - Budget and the Bees

Tangalooma: The One Travel Destination I Can’t Forget

I’ve been lucky to see a lot of cool places in my short 27 years, but there’s one I can’t forget. I remember it like it was yesterday. I was in high school traveling with dozens of other high school students on a 3 week trip to Australia and New Zealand. Looking back, I realize …

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Bees Finance Rules

HERE ARE SOME SIMPLE GUIDELINES THAT WILL HELP YOU BUILD WEALTH:

PAY OFF HIGH INTEREST DEBT: DON’T CARRY A BALANCE ON YOUR CREDIT CARDS

TAKE WHAT UNCLE SAM GIVES YOU: MAXIMIZE YOUR CONTRIBUTIONS TO TAX ADVANTAGED RETIREMENT ACCOUNTS

DON’T PROCRASTINATE: WEALTH TAKES TIME TO ACCUMULATE, SO DON’T WAIT

SAVE, INVEST AND REINVEST: LET COMPOUNDING WORK FOR YOU. SAVE YOUR MONEY, THEN INVEST AND REINVEST IT

SAVE AND INVEST AT LEAST 5 TO 10%: PUT ASIDE AT LEAST A MINIMUM SO YOU’RE STUCK WHEN YOU’RE AT RETIREMENT AGE

HAVE AN EMERGENCY FUND: IF YOU CAN’T SAVE 6 MONTHS OF EXPENSES, GET AT LEAST $1,000 SAVED UP

OWN: OWNING ASSETS IS GENERALLY TO YOUR ADVANTAGE. GET AS MANY AS YOU REASONABLY CAN

IF YOU ARE MARRIED, BUILD YOUR PARTNERSHIP: HAVING A STRONG MARRIAGE CAN BE AN EXCELLENT ACCELERATOR. WORK ON YOUR MARRIAGE AND CARE FOR YOUR SPOUSE.