The biggest problem I see in society is the widening gap between the rich and the poor. When CEOs make 300X their average worker’s salary and the top 5% own roughly 74% of all the assets, we’ve got some serious wealth inequality here! However, perhaps we need to take more personal responsibility about why the […]
Maybe It’s Your Fault Why Wealth Inequality Continues To Worsen Read More »
How many of you achieved last year’s resolutions? How many of you still remember what last years resolutions were? If you don’t write down your goals, you’re more than likely to forget. Here’s a quick recap of my official five financial resolutions. Top Financial Resolutions Each Year 1) Live Free. Although leaving Corporate America in
Top Financial Resolutions For The New Year Read More »
The definition of cash used to simply be coins and paper currency. Then the definition of cash spread to checks, money orders, and even credit with the rise of financial institutions agreeing to hold your money for an agreed upon interest rate. Banks and credit unions make money by making a spread on deposits. They
The Definition Of Cash Keeps On Expanding Read More »
We’ve discussed the curiosity of financial hoarding as well as one way in which to eradicate the disease by revealing our desires for public shaming. If we feel ashamed, we simply don’t spend as much money. Some folks found it a little strange that I find delight in getting judged for having spending desires. After
The Key To Happiness Is Saving More Not Making More Money! Read More »
Although the community won’t let me spend money, I still enjoy buying things for others throughout the year and during the holidays. To love is to give after all! Like many of you, I absolutely hate physically shopping for things during sales. Places like WalMart, Target, and Best Buy go absolutely crazy! From the stress
A Holiday Shopping Strategy Guide To Get The Best Deals Read More »
The following is a guest post by Colleen Kong-Savage on why she is in favor of eating out in the big city. She is in the middle of changing her financial habits after a recent divorce. I’m a big proponent of tackling specific financial habits one at a time vs. all at once to increase
In Favor Of Eating Out In The Big City Read More »
Let me introduce you to the DVD rental method to CD investing. When we first bought our $1,200 HDTV six years ago, we told ourselves never to go to the movies again until we watched enough DVDs to pay for the purchase. Every time we went to the movies, we’d have to pay on average
The DVD Rental Method to CD Investing: The Only Way To Achieve Max Yield Read More »
Building wealth is a long game. It’s sometimes very easy to get discouraged as a result. Despite a lucky investment when I was 22, I felt very little pleasure having a large savings account in my early 20s. Money degenerates to just numbers on a screen that provides no utility unless spent. I was actually
Celebrate Small Wins To Keep Financial Motivation Alive Read More »
For two decades I’ve been managing my own money. It all started when I saved up $3,000 from random minimum wage jobs to open up an online trading account under my father’s guidance. This was in the early 90’s when Charles Schwab first came out. One time I bought a company which I thought sold
Good Advice On How To Better Manage Your Own Money Read More »
Bank fees stink. Let’s find a way to do away with them. First Republic is one of four banks I do business with. They are a boutique bank known for their quality of service. When you go into one of their branches you don’t stand in line and wait for a teller to serve you
Curse You Bank Fees! How To Never Pay Sneaky Bank Fees Again Read More »
