Posts by ConCap®

Chains of habit are too light to be felt until they are too heavy to be broken. – Warren Buffett It’s a new year and you have a new resolution: “I want to save money. I want to stop living paycheck-to-paycheck. I want to start on my journey to financial freedom and I’m going to…

Once you have figured out how much you’ll need in your emergency fund, then we have to build it. Let’s start with one cold, hard fact: It is impossible to build your fund if you spend more than you make and live outside your means. In other words, you’ll be required to have to ability…

Once you have paid off your credit card debt, the next most important thing to do on your journey to financial freedom is to build an emergency fund.  An emergency fund is money set aside, preferably in a savings account, that is used only for emergencies. No, you can’t use this to build out your…

The United States has had 11 recessions since 1948 averaging to about 1 every 5-6 years, with each one averaging about 1 year long.1 As of the writing of this blog, Fed Chair Powell has indicated his desire to push interest rates higher in spite of a likely slowdown in our economy. If he is…