The three things I write about, which will let us reach financial independence, are how we can spend less, save more, and invest. One of the easiest ways we can save more is so simple it’s brilliant: make more money and keep...
I’m usually not one for ridiculously sensational headlines but I thought it was justified for this post. As graduating high school students look to their future, college should be at the top of their mind.
If you, or your son or your daughter, are currently faced with the decision whether to attend college or not and consequently how to pay for it, I’d like to point you towards some data that might help you decide. Mr....
While most 20-somethings struggle to pay off student loans, establish an emergency fund, maybe start saving a down payment for a house, all while still finding a way to feed and clothe themselves, there might be a very large looming expense in the near future.
It’s an expense that also cries a lot and fills diapers.
While having a child will undoubtedly bring additional expenses to household finances, some may not realize how much it will affect their everyday dollars. On a yearly basis, the USDA comes out with a figure for the cost...
Those who cannot remember the past are condemned to repeat it. – George Santayana, from Reason In Common Sense
A classic example of the aforementioned quote is Hitler’s invasion of Russia. Napoleon had done it once and Hitler made the same mistake, suffering the same fate. On both occasions, the Russians simply retreated drawing the enemy further and further into Russia in their advance, and then when the Russian winter struck and the invaders found themselves unprepared and ill-equipped to deal with it, they were killed in their...
I’m always amazed at how many personal finance blogs recommend investing in index funds. There was a recent post at Money Q&A where Hank asked 12 personal finance bloggers where they would recommend an investor put $1,000.
Out of the 12 bloggers one said individual stocks and the rest effectively said an index or mutual fund.
Yes, I think an index fund is better than stuffing money under your mattress, or having inflation eat away at it in a savings account, but a lot of people are missing...
