The concept of a “sinking fund” might be as foreign to you as it was to me when I came across it a while ago. Just looking up the definition can be confusing since there are at least two uses for the term: A strategy for the repayment of a specific debt over a period … Read more

A six-figure salary can seem like a dream come true. After all of your hard work, you are rewarded with more zeros on your paycheck. However, one thing to keep in mind is that those zeros do not necessarily add up to a rich life. Most consider a six-figure annual salary to be the epitome … Read more

I’m an obsessive list maker. This obsession is usually an advantage because it helps me stay organized and remember things I need to do or buy. The sheer act of writing something down on a list helps me remember (since my memory is visually oriented) so that often I’m able to shop my list from … Read more

Are you searching for new ways to make extra income? Let us introduce you to reselling and give you ideas on the best items to resell. We’ll discuss where to find items and where to sell them as well. If you’re a natural bargain hunter, keep reading to learn how you can use that skill … Read more

You work really hard to save money and get out of debt. Every year, when making your New Year’s resolutions, you vow that this will be the year you finally succeed and never look back. You set your budget before December loses itself to January; you’ve planned how much you will put on each card, … Read more

Whether you’ve recently gotten lucky or scrimped and saved for a few years, knowing what to do with 50k is essential. Having money in the bank is a unique opportunity. It means you can grow it and have an ever larger safety net. So, how can you get started, and what are the smartest options? … Read more

Hello! I was just featured on CNBC again, and there are many new readers. You can read the CNBC article here – 33-year-old mom makes $40,000 a month in passive income—and lives on a sailboat: How I work ‘just 2 hours a day’ If you are a new visitor – welcome to Making Sense of … Read more

Looking to learn how to become a medical writer? Here’s how you can find freelance medical writing jobs and work from home. Today, I have a great interview about how to become a medical writer with Austin Ulrich. Austin started his freelance medical writing business in 2019 and grew it on the side for over 3 … Read more

One of the things I’ve thought a lot about recently is what happens with your finances when you marry for a second (or third) time. Deciding whether to combine finances in a first marriage – and how you will do it – can be complicated enough. Money during a divorce can be a complex subject as well. … Read more

Money is one of the most divisive issues we deal with on a daily basis — even more than politics, parenting philosophies, or which sports teams you support. No matter how carefully you try to keep money from damaging your relationships, you will encounter awkward situations that could have a negative effect on your family … Read more