RESOURCES
Useful Articlesand Resources
How do I know what to invest in?
By Jay Zigmont | Aug 21, 2023
By now, you likely know that investing is how you can grow your money to meet your financial goals, and if you haven’t started already, now is the time. But how do you decide where to put your money? Let’s take a look at how to choose what you’re investing in, and make sure your […]
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Unlocking Financial Freedom: A Beginner’s Guide to Saving and Investing
By Jay Zigmont | Aug 15, 2023
Saving and investing your money are two major parts of personal finance 101, and it’s natural to wonder how to approach them. Let’s take a look at planning for the future, picking the right accounts, and whether you should tackle your debt before working towards other financial goals. What are your goals? While you likely […]
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Should I Set Up a Roth IRA?
By Childfree Wealth® team | Feb 1, 2023
A Roth IRA is a type of investment account that you don’t ever pay taxes on once you’ve put money into it. As with anything, there are exceptions to the rule, but the Roth IRA can be an extremely powerful tool when it comes to your finances. You might be thinking that if it is such a […]
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What is compound interest?
By Childfree Wealth® team | Jan 30, 2023
“Compound interest is the 8th wonder of the world. He who understands it, earns it; he who doesn’t, pays it.” – Albert Einstein Yes, Albert Einstein healthily respected the power of compound interest and, based on the quote above, maybe even revered it. I never met the guy, but I hear he was very smart and […]
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What is Inflation and How Does It Work?
By Childfree Wealth® team | Jan 23, 2023
If you’re here for the easy answer then inflation is the increase in price over time for the same item. Keep reading if you want a glimpse inside the more complex workings of inflation. Background Information Ah, inflation. The thief in the night that slowly drains the purchasing power of your money. It’s an overlooked threat […]
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What is a Recession and What Do I Need to Do About It?
By Childfree Wealth® team | Jan 23, 2023
You’ve probably heard the term “recession” thrown around quite a bit when politicians, businesspeople, or other prominent figured talk about the economy. It’s an amoebic term that doesn’t have an easily measurable definition, but many people know it to mean the economy isn’t healthy. Most people familiar with recessions consider two consecutive quarters of reduced […]
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Struggling With ‘Lifestyle Creep’? These Tips Can Help
By Childfree Wealth® team | Nov 8, 2022
You just got a raise at work or a new higher-paying job? Congratulations! It feels wonderful to have more money coming into your household, and if you’re Childfree, you can spend that money in any way you wish. But making more money can be a double-edged sword. Why is this? Two words: lifestyle creep. Lifestyle […]
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4 Common Money Mistakes and Bad Behaviors
By Childfree Wealth® team | Oct 31, 2022
Being financially literate means that you have a good grasp on your finances and have what are considered positive financial habits. Maybe you contribute to your retirement savings accounts regularly, keep an emergency savings fund on hand and work hard to pay down debt because you understand the consequences of accruing interest. On the other hand, there are some common […]
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Should I Combine Finances with My Significant Other?
By Childfree Wealth® team | Oct 17, 2022
One of the steps of furthering a relationship is deciding how to combine finances, if at all. More costs are joint as two people’s lives get closer together, including housing, groceries, phone bills, utilities, and all kinds of other expenses. But these expenses can cause tension in relationships if not handled properly and without a clear understanding […]
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Josie – A Childfree Portrait of Being Lost
By Jay Zigmont | Sep 20, 2022
Josie 25, Female, Single, California Currently working on a Bachelor’s Degree Customer Service This portrait is one of 26 real life stories presented in the book, Portraits of Childfree Wealth. You can download a free copy here. Josie started her discussion with me, describing how she ran away from home at 17 to escape an abusive household. […]
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