Financial independence is the goal of many people. The idea of being able to retire early and not having to rely on a paycheck each month is a very attractive concept. However, there are many obstacles that stand in the way of achieving this goal. You might wonder how much money you need to save …

When our first child was born, my wife and I were excited to expand our family. But we weren’t just bringing home a new baby—we were also bringing home a lot of debt. By the time she gave birth, our second daughter had already arrived in the form of student loans for her master’s degree. …