Planting Dollars

Don’t Buy Stuff You Can’t Afford SNL Skit

by Ryan

Personal finnace is pretty darn simple. Spend less than you make, save, and don’t buy stuff you can’t afford. For some reason people can’t follow one of the most simple to follow concepts out there, which is why it’s perfect for a Saturday Night Live Skit! Watch the video to learn all you need to [...]

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Warren Buffett on Buying Gold

by Ryan

Gold has been a popular investment option over the past few years. Although it’s had a great run-up value over the past decade, one wonders, how far will it go and why isn’t Warren Buffett jumping on the train? I’m not an expert on this, but at face value, the run up on gold seems [...]

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Investing in Self Storage Pays Off Big

by Ryan

While looking at the financials of a few companies today over on Yahoo Finance I stumbled upon the largest self storage landlord in America. Public Storage, which has a market capitalization rate of $23.19 Billion (wow), has proven to be a high performing investment with minimal dips throughout the recession. After reading about the strategies [...]

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Free Copy of The Richest Man in Babylon

by Ryan

I happened to just stumble on this, but I was completely amazed that you can now find the 1928 George Clason classic “The richest man in Babylon” absolutely free. Some would argue that this book laid the foundation for the personal finance movement as we know it and was the first of it’s kind. Written [...]

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IKEA Small Spaces Shows How to Get Creative in Tiny Living Areas

by Ryan

I just wanted to share a few cool videos I found from IKEA. I have to admit, I currently don’t own anything IKEA, most likely because I don’t live near an IKEA, and even if I did I’m wayyyy too frugal to even tempt myself by walking in the doors of a store like that. [...]

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Is it Better to Pay off High Balances or Low Balances First?

by Ryan

If you’re considering paying off your debts you may be wondering if you should pay based on total balance, or on higher interest rates. The answer is, it depends. From a completely rational sense it will always make sense to pay off your debts in order of highest interest rates first. For example if you [...]

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The 3 Ways to Get Out of Debt

by Ryan

Getting out of debt is simple, at least in theory. In the most basic of ways there are simply three ways you get become debt free. Although the explanations are simple, I realize the journey is much harder. That’s like me saying all you have to do in order to lose 100 pounds is run [...]

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Credit Card Debt Drops in 2011

by Ryan

According to a recent article by CNN, consumer credit card debt dropped in 2011 by 11%. With lingering high unemployment, the threat of a double dip, and stagnant wages, it seems a bit impressive to me that consumer credit card debt actually decreased as a whole. According to the article: “The average credit card balance [...]

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The 10 Ways to Become Wealthy

by Ryan

I recently finished reading the 10 Roads to Riches by Kenneth Fisher and found it refreshing in the field of personal finance books that often repeat the same mantra. Kenneth’s book takes a realistic approach and gives options on how the most effectively build wealth through ten different strategies. Insightful, accurate, and educating are a [...]

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The 5 Lessons a Millionaire Taught Me – Book Review

by Ryan

I recently took a glance over the book The Five Lessons a Millionaire Taught Me by Richard Paul Evans. Within the first couple minutes I gathered that the book was 88 pages of common personal finance advice. Don’t get me wrong, it’s a great book for those who aren’t familiar with personal finance concepts, such [...]