The career track as you know it is not a permanent condition of human life. It's barely three generations old. Civilization has been around for maybe 8 millennia. And for 7.9 of those, "career track" meant working on the family farm and eventually inheriting it. That's if you were lucky and male. If you were female, it involved a lot...
The definition of net worth has been debated and you'll often find many answers as you search for the meaning of net worth. The standard answer for net worth goes something like this: "Assets - Liabilities = Net Worth" The struggle comes in describing what an asset is and what true liabilities are. Is a house an asset, or...
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 know about saving...
With so much talk about becoming a millionaire and becoming financially free it can all seem a bit daunting. After all, only 2% of Americans are millionaires and if you're a just starting out in life (myself included) it doesn't exactly seem realistic to come up with a million dollars or become free by next Tuesday. ...
Financial planning isn't difficult, at least on paper. The tough part is starring into the openness of your life, the choices, the options, and deciding what you want badly enough to sacrifice for, then following through each and every day. Without a big why, and understanding the importance of personal finance one will struggle, so why not...
You'd like to save money, and you'd like to shed a few pounds... what do you do? Ditch the car commute and get on the ol bike is what I say. Crazy? Well... it worked for me and it can easily work for you as well! When I moved to Hawaii I ditched the car. Back...
This is an Other Side of the Fence article, in which I take the opposite viewpoint of a popular idea and/or debate a specific thought. Talk to any financial adviser and they'll all say the same thing. It's never too soon to start investing, investing young is the way to go. Then they'll put out the table comparing...
Have you ever had a love hate relationship? It may be with a person, an object, or perhaps a job... but what about the time value of money? Perhaps I'm a bit odd, but the time value of money and I have a unique relationship in which sometimes I love it... and sometimes I hate its guts,...
If you've got a mental fixation with the image you're portraying to your neighbors you should probably heed the advice of this article. Stop keeping up with the Joneses, nobody really likes them anyways! They're probably fake, focused only on what you care about, and they don't really have much sense of self. Or maybe I'm...
If you're like me, you can't walk through Barnes and Noble without stopping by the personal finance section. When I stopped by the store earlier today I again, couldn't resist the tempting lure of personal finance books! There were literally over 200 books about personal finance and after flipping through a few I really started to wonder....