Tag Page finance

#finance
Christopher Woods

he laughs when i asked about savings — and how i made it work anyway

My husband always had this carefree vibe when it came to money. Whenever I mentioned saving goals, he’d just laugh and say, “Why worry about something so far off?” Honestly, it drove me nuts. But instead of arguing, I decided to play it differently. I quietly set up a small monthly transfer from my paycheck into a savings account. Nothing dramatic, just a few dollars that slipped by unnoticed. Over time, that little stash started growing — like a slow drip filling a jar. I didn’t make a big deal of it; I just kept track for myself. Months later, when I casually mentioned we had a few thousand saved up, he was genuinely surprised. It wasn’t some grand gesture or confrontation, just steady, quiet progress. And suddenly, he was more willing to talk about money — maybe because the numbers were undeniable. Looking back, I realize it’s not about waiting for someone else to get on board. Sometimes, the best way to make financial change happen in a marriage is to start with yourself, in the small ways that don’t spark fights but build trust. That little bit of quiet action gave me control, and eventually, it helped us build something together. #Finance #MakeMoney #MarriageMoney

he laughs when i asked about savings — and how i made it work anyway
David Hall

how my parents almost lost $50k to “safe” investments

When I was 12, I overheard my dad telling my mom, “The bank manager said this is 100% safe. We’ll just lock it in for 5 years.” Five years later, inflation had eaten a quarter of that money’s value. The “safe” choice wasn’t safe at all — it was slow financial death. Most middle-aged families in America still think like my parents did: keep money in savings, maybe CDs, because it feels secure. But if your return doesn’t beat inflation, you’re paying the “security tax” without realizing it. Here’s what I wish my parents knew back then: A balanced mix of index funds and TIPS could’ve kept up with inflation and grown their money. Even allocating 20% of savings to dividend-paying ETFs would’ve doubled their returns compared to that fixed deposit. The hardest part isn’t understanding the math — it’s breaking the family habit of playing it “safe.” If you don’t talk about money in your family, you’ll just pass the same slow-loss mindset to your kids. Don’t let “safe” cost you your future. #Finance #MakeMoney #FamilyWealth

how my parents almost lost $50k to “safe” investments
Tracy Spence

when we mixed family and business… and almost lost both

Three years ago, my cousin and I started a small landscaping business. We trusted each other completely. No contracts, no written agreements — just two guys hustling. At first, it was great. We split the work, we split the money. Then busy season hit. He wanted to reinvest everything into new equipment; I wanted to keep a portion as profit. Arguments started. Texts got tense. Thanksgiving was awkward. That’s when I realized the golden rule: If you mix family and money, you need to protect both. We sat down with a lawyer, made an LLC, and agreed on an operating agreement that spelled out how profits, losses, and decisions worked. Now, the business is steady. We still argue sometimes, but now it’s about marketing strategies, not whether I’m “greedy.” If you’re going to make money with family, treat it like a business from day one. Contracts aren’t cold — they keep the warmth in the relationship. #Finance #MakeMoney #FamilyWealth #BusinessWithFamily

 when we mixed family and business… and almost lost both
Christopher Woods

i stopped sharing one account, and i started saving 10x faster

We used to share everything — one account, one credit card, one budget spreadsheet. It sounded romantic in theory. In practice, it meant he'd spend, and I’d have to clean up. Every time I tried to build savings, he’d “borrow” from the account for a weekend trip or new gadget. We weren’t fighting — we were just financially incompatible. So one day, I opened a second account. I didn’t hide it. I just said: “This one’s mine. For savings. No touch.” Within four months, I had saved more than I had in two years of our joint system. I’m not saying separate finances are for everyone. But if you’re always broke because someone else is making the withdrawals — maybe it’s time to protect your deposits. #Finance #MakeMoney #Marriage

 i stopped sharing one account, and i started saving 10x faster
Christopher Woods

He makes more. i save more. guess who has a backup plan?

He earns $30k more than me. You’d think that means he’s the one with a safety net, right? Nope. He spends like the money will never stop. $300 bar tabs, sneakers he wears twice, last-minute flights to see friends — always “just one more weekend.” I, on the other hand, built a savings buffer, a Roth IRA, and a side fund labeled “Plan B.” He laughs when I call it that. But the truth is, I’m tired of pretending his lifestyle is ours. It’s his — and if it collapses, I’m not going down with it. I don’t want to leave. I want leverage. And that means money. So yeah, I’ll skip the concert. I’ll pack my lunch. I’ll transfer another $100 to the account he doesn’t know exists. Because love is one thing. Liquidity is another. #Finance #MakeMoney #Marriage

 He makes more. i save more. guess who has a backup plan?