Personal Finance

Lunch Money Review: Automated Budgeting Fast and Simple

Lunch Money Review: Automated Budgeting Fast and Simple

I’ve discovered an excellent product to help make data-driven decisions with our money. The software is called Lunch Money — an independent, female founder-led budgeting tool that makes the budgeting process simple, fast, and automated. Many of you will ignore this post, thinking you’re too wealthy or sophisticated to budget anymore — or you don’t think…

RBD’s Best of 2024

RBD’s Best of 2024

Today’s article is a recap of the year’s most popular articles and videos. Many, you may have missed it.  Look for new articles, videos, book giveaways, and podcast appearances in 2025. Happy Holidays! Craig How I’m Simplifying my Portfolio for Retirement Early in the year, TD Bank interviewed me about how I’m simplifying my portfolio…

Managing Mom and Dad’s Money

Managing Mom and Dad’s Money

My Dad retired in 2002 with a 403(b) and lifelong teacher’s pension. Unsure of his retirement savings, some fellow retired teachers recommended a financial advisor who “specialized in retired teachers”. So he converted the 403(b) to an IRA, transferred his and my Mom’s IRAs to the advisor, and trusted him to manage their money for…

Financial Independence Number: Definition and How to Customize

Financial Independence Number: Definition and How to Customize

The financial independence number is a benchmark to determine retirement preparedness. It’s also known as the FI number.  Financial independence is achieved by: building enough passive income to cover annual expenses, or amassing a lump sum of enough savings and investments to cover living expenses through withdrawals, or a combination of #1 and #2. The financial independence…