Coach Lisa Explains Which Financial Professional Is Right For You

Coach Lisa Explains Which Financial Professional Is Right For You

Many people lack the tools it takes to move the needle in their financial lives. Most of us grew up in households where talking about money is either overtly taboo or simply non-existent. As an adult, when we make money mistakes, we layer on guilt and shame and then bury our money issues even more deeply. With the right influence, in the form of a financial coach, advisor or planner, anyone … Read more

My Favorite Budgeting Software: You Need A Budget (YNAB) Review

My Favorite Budgeting Software: You Need A Budget (YNAB) Review

When someone finds the world of personal finance, and FI, the first thing they will likely need to do is come up with some sort of budget. This can feel overwhelming if your system of budgeting in the past has simply been checking your account balance and doing some quick mental math. That’s where You Need A Budget, commonly referred to as YNAB, comes in. YNAB is a popular subscription … Read more

Gift Tax 101: The Tax Consequences Of Giving Large Sums Of Money

Gift Tax 101: The Tax Consequences Of Giving Large Sums Of Money

Not too long ago, a member of the ChooseFI Facebook group asked how much cash they could give to their parents without having to pay taxes on it. Now, for those of you who don’t know, this person is referring to what is known as a Gift Tax. If you gift large sums of money, investments (savings bonds, etc.), or items like cars, you could be stuck paying a Gift … Read more

What To Do If Your Credit Card Application Is Denied

What To Do If Your Credit Card Application Is Denied

Credit cards are an awesome way to earn bunches of airline miles and hotel points. But what happens if your credit card application is declined? It can be frustrating, embarrassing, and lead you to question your credit score. Just because you have been declined, it doesn’t mean that you should give up. Here’s what you should you do if your credit card application is declined. Understand The Bank Rules Banks … Read more

How To Start An Etsy Shop To Build Passive Income

How To Start An Etsy Shop To Build Passive Income

On the path to Financial Independence, you might find that you can only cut so much. Therefore, it is only natural to search for a side hustle to boost your income and savings rate. In general, I am a big fan of finding side hustles that have a low barrier to entry but can pay big dividends if you put the time in. In particular, starting an Etsy shop selling … Read more

Creamy Butternut Squash Soup With Pomegranate And Arugula

Creamy Butternut Squash Soup With Pomegranate And Arugula

Stretching our money as far as possible, while still eating well, can be difficult. Food just gets more and more expensive every day. But we don’t have to cut corners to still be FI, eat some really great food and keep our health and finances in check. Soup is one of our favorite go-to options that meets all of our recipe requirements. Especially when it is cold outside! In our … Read more

How To Stay Motivated For The Long Term

How To Stay Motivated For The Long Term

There’s been much conversation in the last few years about the sorry state of American retirement planning. As baby boomers begin to reach retirement age en masse, financial experts have been tripping over themselves to offer an explanation for paltry savings rates and scrawny nest eggs. But there’s a much simpler reason for this epidemic–working towards a long-term goal is difficult, frustrating and just plain boring. Saving for retirement offers … Read more

7 Of The Best Personal Finance Tools To Help You Control Your Money

7 Of The Best Personal Finance Tools To Help You Control Your Money

There’s no end of personal finance tools and apps in sight to get your money right. The very thought of doing the research to compare apps and finance trackers could stop you dead in your tracks! We’ve done some research for you. Here’s a bird’s eye view of some of the best personal finance tools out there. Some of these tools come with a monthly fee, others are completely free. So … Read more

11 Things To Do When Starting A Business

11 Things To Do When Starting A Business

Starting your own business, either full time or as a side hustle can be a great way to take control of your income. Not only can it help you reach FI faster,  but you can pare down a full-time business once you reach you reach FI if you want. A side hustle can decrease the amount of income your investments need to provide. Allowing you to “FIRE” sooner. But setting … Read more

Best Places To Get Your Taxes Done!

Best Places To Get Your Taxes Done!

It doesn’t matter where you’re at on the path to FI, only two things are certain: death and taxes. Actually, FI has nothing to do with it–taxes are a certainty for everyone. When you’re on the path to FI, you probably want to do your taxes a little bit smarter, in a way that suits your own style and plan. The Three Ways To Tackle Your Taxes No matter how … Read more