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 in a simple to...
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 a...
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 for 2011 was...
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 as pay...
So you've saved up a grand and want to start making it grow. Is there a best way to invest your $1,000? There are several options, but most depend on how long you want to invest for, and the amount of risk you're willing to take on. With minimal risk, comes minimal returns, so the greater...
These days it seems like everyone is trying to find creative ways of bringing in extra cash. Some people are starting small side businesses in the hopes of providing for their family more adequately, while others are taking out loans against their homes or cars. Things are really tough out there right now, and anyone who is not struggling...
Creating a debt repayment worksheet is a great way to get all your debts in one place so that you can easily track them and understand what you owe. It's nothing too challenging, but a great tool in bringing to light your debts. It's also one of the first things you may want to do when on...
"A journey of a thousand miles begins with a single step"-English Proverb- Often the hardest step to take when getting out of debt is the first one. It's not any more challenging in terms of work or sacrifice, but it's going to be the biggest mental challenge you'll have on your journey to getting out of debt. "I have learned...
Although Jim Calhoun Jr.'s book "The 12 Investment Myths" lasts only 104 pages, it packs enough value to last a lifetime. With a straight forward, concise, and at times, humorous demeanor Jim brings some common myths of investing to light that many investors may not have thought about. Working as a fee-only financial advisor the author stresses that investors...
When you drive by your local car dealership you'll see bright numbers in the windshields of the cars, possibly with 0% financing offers, but what you won't see is the real cost of owning that car. The price tag for your car is just the beginning of a costly relationship you'll embark on when purchasing your car. When you...