The CashTrac Blog

What If I Take 6 Months Off to Climb Mount Everest?

We all have this thought What if we just took a break?* Life’s daily grind and stress can make us dream of escaping it all. That’s exactly what Alex, a 35-year-old software developer, was thinking. His dream? To take six months off and climb Mount Everest.

With $120K Saved, Should You Consider Buying in a Bubble Zone?

Buying a home is an exciting yet challenging decision—especially when you’re eyeing a property in a high-demand “bubble zone.” Whether you’re considering a pricey bubble market or a quieter non-bubble area, understanding the long-term financial impact is crucial.

Know How Much You Can REALLY Spend This Black Friday – Without the Regret

In fact, 58% of Americans admit to buying items they didn’t need just because they were “on sale” during Black Friday. Impulse purchases lead to mounting credit card bills and buyer’s remorse.

Is That New Car Deal Too Good to Be True for Your Budget?

Making a big financial decision, like buying a new car, can feel overwhelming. With so many factors to consider—monthly payments, insurance costs, fuel efficiency, and long-term financial impact—it’s easy to lose sight of your overall budget. Without proper planning, you might find yourself stretched too thin or compromising your financial goals. That’s why it’s essential to evaluate how a new car purchase will fit into your current financial situation and future plans.

$30K In Medical Debt How Two Individuals Managed With Very Different Results

In the U.S., medical emergencies are an all-too-common reality that many will face at some point. Whether it’s an unexpected accident or a sudden illness, healthcare expenses can quickly spiral out of control.

Worried About College Costs? How to Pick Between In-State and Out-of-State

Did you know that nearly 83% of parents plan to contribute to their child's college education, with many taking on significant financial burdens to do so? For families, the decision of where to send their child to college is not just emotional—it's a huge financial milestone.

How a Simple $300 Shift Helped John and Lisa Save $60K More for College Without Hurting Their Retirement

John and Lisa, both in their early 40s, are like many parents today—trying to juggle multiple financial priorities. With two children aged 10 and 12, they are already thinking ahead to college tuition. At the same time, they’re keeping a close eye on their retirement goals. The couple's combined income of $140,000 gives them a solid foundation, but balancing immediate and long-term needs is more challenging than ever, especially with other life goals on the horizon.

Should Alex Go for His Dream SUV or Stick to a Practical Sedan at 34?

Facing the challenge of balancing a growing family's needs with financial responsibilities, a new parent must decide between purchasing a dream SUV or a more practical sedan. This blog delves into the process of making informed choices, using financial tools to plan for both immediate expenses and long-term goals, ensuring a secure future for the family.

Reflecting on the Value of Health, Assets, and Loved Ones

As we navigate through the complexities of health, vehicle, and life insurance, let's explore how these essential protections safeguard our most cherished possessions. Join us on this journey to understand the importance of insurance in securing our well-being, assets, and relationships.

Exploring the Subscription model for Personal Finance

Today, the checking account you have is probably only the beginning of a whole host of additional fees, packages, and subscriptions that your bank will charge you. It is a component of a larger trend that is happening all throughout the realm of personal finance.

Navigating Financial Strategies Based on Your Annual Income

In the realm of personal finance, income plays a pivotal role in shaping financial strategies and goals. Individuals with varying annual incomes face unique challenges and opportunities when it comes to managing their finances effectively. Understanding the specific strategies tailored to different income brackets is essential for achieving financial independence and long-term wealth accumulation.