The Luxury Trap

The slow creep of affordable luxuries combined with inflation and higher expectations means that luxuries eventually become necessities. Redefined necessities spawn higher expectations and new obligations to keep up with the Joneses. But the Joneses don’t exist… They are a fictional duo conjured in the funky place in your brain where self-sabotage and boiling frogs (briefly) live.

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Used or Leased EV Tax Credit?

Fiat 500e EV tax credit

Leasing a new electric vehicle can cost as little as $20-$100 per month. This is because you can combine the generous federal EV tax credit with state EV tax incentives to get super savings on “plugin hybrid” vehicles and “all electric” vehicles. Plus, if you have solar on your home, you can power your EV with energy from the sun… And enjoy the 30% federal investment tax credit on your solar PV system.  Then you’ll have “free” electricity to power your EV. Can I Get The EV Tax Credit On A…

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5 Steps in How To Become a Millionaire

How to Become a Millionaire

A million dollars isn’t what it used to be… That said, it’s a worthy goal for anyone to want to achieve. As Jim Rohn said, the word “millionaire” has a nice ring to it, but ultimately its greatest value may not be the money, rather: “…what it will make of you to achieve it.” If you become a millionaire, the most valuable thing about that accomplishment will be the incremental disciplines that you have acquired along the way. How Many Millionaires Are There in the U.S.? As of 2018, over…

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How Much Money Should I Keep in Savings?

How Much Should I Keep in Savings?

I often wonder how much money I should keep in savings. If you are wondering how much money you should keep in savings, you probably worried if you are saving too much, not too little. I have been asking myself the same question. I work in sales and so it always seems like feast of famine for me and my family. If I manage to land a nice client, I’ll get a check from the insurance company I work for, but if not…? Bupkis. As such, I seem to always…

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