How To Realistically Save Money

Saving money can be hard when life is happening. The guys dive into real life solutions on how to save money no matter what your financial situation is. .

Download the new Wela app to see how Wela can help you realistically start to save money each month.

Related: 101 ways to save money

Wela Whip For The Week Of March 21st, 2016

hulk_hogan1 RIP Mayor Rob Ford The larger than life Mayor of Toronto has passed away this week at age 46 after battling an aggressive form of cancer. You probably remember him from the late night talk shows as he provided material for weeks on end after admitting that he “probably smoked (crack cocaine) in one of his drunken stupors." Nevertheless, he was loved by his constituents for standing up for the working class. Our condolences go out to his family and friends... Read More

Everything Old Is New Again At least, that’s what Apple is hoping for with the release of the iPhone SE. It’s a smaller AND cheaper iPhone that Apple hopes will carry sales momentum as many of their product releases are not earth-shaking anymore. The new SE will have a 4-inch screen which matches that of the iPhone 5C and wasn’t a big hit. With increased competition in the mid-tier market, Apple hopes to maintain their stance as a premium product provider...Read More

Going, Going, Back To Cali, Cali Well kind of. The entire West coast dominated last month as people seem to be buying homes at a ridiculous pace out on the West coast. New home sales surged 38.5% in the West coast, which was the biggest change since December 2010. More jobs, more job security, more money and lower mortgage rates add up to surges like this. The sun, perfect weather and a bunch of “chill” people who like to surf doesn’t hurt either… Read More

Hulk Hogan’s Steel Cage Match This time, it won’t be at Wrestlemania or at Summerslam, but rather behind the closed doors of a courtroom. Hulk Hogan (real name Terry Bollea) sued Gawker for posting sex tapes of Hogan and his friend's wife (yeah, not cool). Hogan won… he won big. $140 million big. But the steel cage match isn’t over. Gawker is, of course, appealing the case. So, Hogan can’t tear off his yellow tank top just yet, but it’s looking like he may soon be tearing through more than just shirts… Read More

Wela Whip For The Week Of March 14th, 2016

uber-d Viva La Uber One of the most recognized brands stateside is about to offer travel to the land of Margaritas and Tequila. Uber recently announced the ability for people in San Diego to hail an Uber to Tijuana. They won’t be able to get an Uber back, but you have to think that will happen in the near future. This may be trouble in the making… people thinking it’s a great idea at first and then, whoops, I’m stuck in Tijuana. No thank you... Read More

Free Wings That’s incentive enough for Spurs Kawhi Leonard to sign an endorsement deal with Wingstop. And losing the coupons that lay claim to said wings is enough to cause a panic! Despite the fact that Leonard recently signed a 5-year, $94 million dollar contract with the Spurs, he still drives his 1997 Chevy Tahoe from high school and freaks out when he loses the coupons for the free wings. Now that’s the kind of frugality that will make $94 million last a lifetime!... Read More.

The Free World It is becoming more and more difficult to figure out how T-Mobile makes any money. They pay you bunches of money to move over to them and then seemingly give you everything for free once you are there. Now that is going to include streaming Youtube videos. Stream away, it won't count against your data plan. But despite all this free stuff, they still stack up third to the rest. T-Mobile must have taken a page out of Bernie Sanders playbook… try to be cool by making everything free... Read More

Is the Wave of the Future Waving Goodbye? This week a self-driving Google car was blamed for a traffic accident. They didn't reject the blame either saying, "We clearly bear some responsibility, because if our car hadn't moved, there wouldn't have been a collision." Now that’s profound! While this isn't the first time that one of these futuristic vehicles has been involved in a real world collision, it was the first time that the technology was at fault. Only time will tell if this is truly a setback for self-driving cars but, at least, we know it wasn’t drinking and driving... Read More

What The Finance Makes Us Play The Lottery!?

whatthefinancemakes us play the lottery Just recently the Powerball jackpot was over $1 billion. That's not chump change. We're just a few short months after the winners were announced, and already the jackpot is again in the hundreds of millions of dollars.

This has made Matt and Eddie ask the question, "What the finance makes us play the lotto so much?"

Listen as they explain how the lottery works, and why people are so compelled to play.

The guys also explore what we can learn from past lottery winners to improve our personal finances.

Wela Whip For The Week Of March 7th, 2016

10079548613_356e8d8b11_k Cut the Cord? It’s Not Just for Newborns Anymore Millennials are cutting cable TV more than ever these days and opting for streaming services like Netflix, Amazon Prime and/or Hulu. These services provide more control over the content that you watch and better yet, you get to watch it on your time! If done properly, it can also save you several hundred dollars per year. Check out this article for your in-depth guide to cutting the cord … Read More

Election Impact on Social Security Questions abound regarding the possible changes to Social Security depending on who takes office this Fall, and rightly so! Regardless of which side of the aisle you sit on, the spectrum is wide when it comes to the range of opinions on next steps to take with the system. There’s Trump, who has largely avoided the issue, and Hilary, who wants more of the same. Then there’s Bernie, who needs to plant a bunch of “money trees” in the backyard of 1600 Pennsylvania Ave to pay for his ideas...Read More

You're Probably Reading This At Work Because the job market is en fuego! Recent data was released that continues to suggest a very strong job market. Jobless claims, people looking for work, fell to the lowest levels in five months. That’s good because a strong job market can lead to opportunities for increased wages. More money in your pocket! All meaning more money to spend. Cha-Ching… get ready to swipe… not right or left… rather up or down… Read More 

Playing Dual Roles Like a Champ Ever heard of Jack Dorsey? He created a thing called Twitter. He also started something called Square. Yeah, those white things people use with their iPhones to accept credit cards. That company is public now. And guess what, Jack Dorsey is the CEO. He’s also the CEO of Twitter. You read that correctly. And yesterday you couldn’t tell things were lacking at Square as they posted good earnings pushing their stock higher. He’s running two companies people! And doing just fine right now. That’s #worthy for sure. #managing... Read More

Wela Whip For The Week Of February 29th, 2016

2782173960_a8b0ebdbd3_b Mourning The Loss of a Pioneer The founder and former CEO of Chesapeake Energy died in a single car accident on Wednesday. Aubrey McClendon crashed his car into an embankment while traveling at a "high rate of speed" in Oklahoma City, this coming only one day after he was charged with conspiring to rig bids for oil and natural gas leases. McClendon was a true innovator in the energy space and although not without flaws, he will be truly missed. Our thoughts and prayers go out to his family and loved ones… Read More

Timing Really Is Everything The story that dominated headlines last off-season is back, Deflategate! And why not? The 2015 NFL season is now over and Tom Brady didn’t miss a game. Great for ratings as the NFL took in record profits. So what to do with all this excess cash? Let’s appeal the decision to overturn Brady’s suspension because the NFL is serious about “preserving Roger Goodell's disciplinary power,” and what better time to pursue this than during the off-season… Read More

Making Employees Whole The wholesale giant, Costco, is starting to make their employees a bit more whole. This week the company announced that minimum wage at Costco will increase to be between $13-13.50 per hour. The news came on the same day they reported earnings fell nearly 9%. Earnings fell while sales increased… that’s no bueno. And now increased wages will further drag down earnings. Uh-oh, will buying toilet paper in bulk get that much heavier on our wallets?!... Read More

Your Next Paris Trip May Be Getting… More expensive. Well, that’s if one of Wall Street’s leading analysts is right. Why can this be happening to us? The Louvre is calling our name. The problem is that the dollar looks to be getting stronger against the Euro. Meaning it takes more buckaroos to buy a ticket to the Louvre or the Eiffel Tower. For the past couple years, it’s been a cheap trip to Paris… basically like Georgia to Cali. Having jobs and seeing increasing wages tends to lead to things overseas getting a bit more expensive. Non, Merci… Read More

Wela Whip For The Week Of February 8th, 2016

maxresdefault Not Such a “Zen”-efits Master Zenefits, a cloud-based software provider of human resources, rose faster than any unicorn (a start-up worth a billion dollars), but now it’s falling like a rock. This week the co-founder of Zenefits, Parker Conrad, stepped down as CEO. He stepped down from the helm as questions arose about the steps he took to grow Zenefits, including side-stepping laws about who is allowed to sell insurance. In a highly regulated and “commission-based” industry that’s going to catch up to you sooner rather than later!... Read More

Remember the Doodle4Google? Well, now it’s time to vote! We featured this competition in the Whip several weeks ago and the finalists have now been chosen. This is a contest that Google sponsors for kids grades K - 12 where they create their best Google Doodle within the theme, “What makes me... me?” Now we get to vote for our favorite. Click the link below in order to vote for your favorite Doodle, and next year be on the lookout to enter your child. The grand prize is $30K towards college!... Read More

A Lil ‘Ole Bae For The Lobster Oprah was a silver bullet for Weight Watchers, and now another company may have just found their silver bullet in another superstar. Beyonce just released her new album, and in one song (just one line at the 3:00 mark) she made a reference that changed things for Red Lobster. She mentioned taking someone to the Red Lobster, and it looks as if everyone thought that was them. Red Lobster saw sales jump 33% the day after the album was released. It looks like Red Lobster just caught their biggest fish yet, down by the Bae... Read More

BMI Gains New Meaning… Big Mess Index For all those that base your health solely on the infamous BMI, Body Mass Index, you have some free time to worry about other things. A recent study found that individuals BMI doesn’t necessarily associate with individuals health. Actually, the study estimates that nearly 54 million individuals with high BMIs are in fact healthy. And more than 30% of those deemed “healthy” by the BMI aren’t. Finally, the thing that inherently told us our health based on holding a plastic steering wheel object has been found faulty. Was there really ever a doubt?... Read More

We Launched a New Website (And we think it's pretty great)

We love love love to innovate. We put ourselves in your shoes and push forward to make a tool that will not only change your life but change the financial industry itself. We've been working on this project for quite some time; reviewing your feature requests and basing our decisions around your feedback. We're happy to say we've made significant improvements and it doesn't stop there. We are innovating everyday and exploring new ways to provide value.

With that, let's take you for a tour (and then you should go explore it for yourself)!

 The new homepage tells you stories of people just like you and walks you through how we are helping people in different financial positions.

Choose the stage in life that most represents your own and see how we're helping others like you

The new Invest page features an improved portfolio tool you can use to get details on our portfolios based on your age and risk tolerance.

Explore Wela Strategies Own Your Age portfolios

The new My Investments page inside the user portal has reached a new level of analysis you can explore however meets your needs to track your various investment accounts and compare your allocation to our recommended allocation.

Historical tracking and allocation display gives you a full picture


Probably most exciting is a brand new tool called Benjamin. Bejamin is your digital advisor and he was created to guide you through the savings hierarchy on your path to financial stability. Set goals, accept challenges and track your progress. To further assist you in accomplishing your goals, Benjamin serves up content, written by our team of advisors, to educate and inspire you.

Benjamin is currently in Beta which means he's only going to get better


There's much more over at our new web address Oh, did we forget to mention linking accounts has gotten easier? Link multiple accounts at a time so you can get to your full financial picture in just minutes.

Make sure to tell us what you think! We can't wait to hear from you.