Previously, we discussed this savings waterfall. This is the approach we use to make sure our income finds its way to your long-term wealth-building. Today we are going to discuss expenses and potential obstacles keeping your income from making it to those long-term investments. We are going to discuss how to manage the “sludge” in your life! About the author: About the author: Jeff Hulett leads Personal Finance Reimagined, a decision-making and financial education platf

When bringing up budgeting in personal finance classes, seminars, or client meetings, the initial reaction remains remarkably consistent. People roll their eyes. They sigh. An unmistakable facial expression appears: here comes the boring train. I do not blame anyone for reacting this way. Society conditions us to associate budgeting with deprivation, accounting, or punishment. Many individuals grew up in households with challenged money cultures, carrying legacy emotional bag

Credit Personal finance decisions permeate our daily lives. From budgeting and saving to investing and retirement planning, the choices...

Sludge is all around us. Sludge is nuanced and is evident in our day to day purchases. It is the modern-day version of bait and switch.