It is impossible to build wealth without positive cash flow. No matter what your income, if you spend more than you make, you will always be broke.
Absolutely everyone needs to have an emergency fund. But how much is enough? Learn how to calculate the exact amount you need to set aside for a rainy day.
Having an upside-down car loan can be a nightmare. Learn what it means to be upside-down on your car and what you can do about it.
See the 10 most popular Personal Finance articles from Practically Independent in 2020. Find out what others were reading in this incredibly challenging year.
Learn two personal finance rules of thumb to take control of your two largest expenses: housing and transportation. Don't get over-extended!
Learn what sinking funds are and what they are not. Plus, learn when they are appropriate and when they are not, and how to set one up.
Fake Rich is the condition of appearing wealthy while drowning in debt. Being Fake Rich is a dangerous choice, learn how to avoid it.
Becoming financially independent takes discipline, determination, and a lot of hard work. Adding unnecessary complexity doesn't help.
Using Reward Credit Cards for everyday purchases leads to overspending. Find out what happened when I switched to debit cards for 90 days.
Going to a restaurant is literally just paying someone to cook for you and do your dishes. Paying someone to do something for you is, by definition, luxury.