People do stupid things with their money every day, these people act like money idiots.
Pretend for a moment that I'm your grandpa giving you sage, yet common sense advice. That advice would be
"Don't be an idiot with your money"
or just pretend that you're Dwight via the clip below.
A lot of people run into money trouble because they...
Although it may not feel like it, the recession has been over for quite some time. In fact, 2011 has started off with a bang, the Dow Jones just crossed 12,000 and reached highs not seen since 2008, employers are beginning to hire, albeit slowly, but for many they're just not feeling the optimism that 2011 is starting...
It's commencement time again and I'd like to write a short letter to all those recent college grads with big hopes and dreams and twinkles in their eyes for a bright future. In fact, I was you... almost two years ago already (wow time flies). Unsure of what the future would bring, but eager to start a...
No... I'm not trying to pick you up,
Yes, I would like to know your number... your goal net worth number that is...
What's YOUR Number?
In a fairly recent series of ING commercials, individuals walk around town carrying their "numbers." Their number is the retirement amount that they require to live the life they want during said retirement. ...
Your standard personal finance equation goes something like this. Work for 30-40 years, <a href="http://www.plantingdollars.com/personal-finance/average-us-savings-rate-holding-steady-but-still-low/"save about 10-15% of your income through 401k's, IRA's and even a little extra by paying down your house through a mortgage. This means you'll be part of the working world the majority of your life.
The is the life of a...
The topic of money doesn't come up that much, being a social taboo and all, but when you have to explain your spending habits as a frugal consumer it can create a few odd looks and perhaps a judgment by your peers as being cheap. Being frugal it's safe to say that, you're in the minority... Most people...
Growing up I was taught a simple rule to control my anger and emotional outbursts. This was simply referred to as the "10 second rule." Whenever I was about to blow a gasket or even consider doing something inspired by my temper my parents said I should simply count to ten backwards very slowly. Oddly enough this worked for...
A personal finance quote ingrained in the American psyche (or at least in mine) was coined (pun intended) by the great Benjamin Franklin. Franklin noted that “A penny saved is a penny earned.” Franklin was smart in realizing the distinct difference, but there might even be more value in a penny saved than just one penny. ...
"Never borrow money to pay for something that goes down in value."
Those are the words or personal finance advice from Seth Godin, one of the greatest marketers of our time.
Seth brings up a really good point that is often overlooked. It highlights the concept of good debt versus bad debt perfectly. If you're borrowing for things that...
So you've decided that you'd like a credit card, or you'd like to fatten your wallet a bit and add another one. If you're like to average American you'll have a whopping seven credit cards! If you're just starting out be leery of getting into credit card debt. I'm probably preaching to the choir, but I...
