Organizing your finances is one of the most crucial steps in taking charge of your financesMay contain affiliate links It is better to invest more of your money than to build savings beyond what you would ever need in the short-term. Savings is a way to horde money, not to grow your wealth, not to … Continue reading Short-Term Savings And How To Manage Them
May contain affiliate links Does money buy happiness? We have all heard how money does not buy happiness. But does it? According to a professor at Harvard, having an income over $75,000 will not increase your happiness. Would you rather have less than $75,000 because a Harvard professor who possibly has a larger income than … Continue reading Does Money Buy Happiness? A Case Towards Wealth
rat race (noun): the unpleasant life of people who have jobs that require them to work very hard in order to compete with others for money, power, status, etc.Source: Merriam-WebsterMay contain affiliate links In a previous post I have mentioned FIRE. This movement encourages people to be frugal so they can retire early. This is … Continue reading How Do You Escape The Rat Race?
May contain affiliate links There is a more recent movement going on called FIRE. As you can tell from the title FIRE stands for financial independence, retire early. The movement started in 1992 with a book Your Money or Your Life. The book asks the reader many questions: Are you happy with your work?Do you … Continue reading FIRE: Financial Independence, Retire Early
Time is a resource, it will fade when it is not used. Unlike every other resource there is no way to renew it.May contain affiliate links Time is money, right? Many have heard the phrase "time is money." However, they have no idea of how to spend such a valuable resource. You may be spending … Continue reading Time Is Money: Opportunity Cost
College is expensive, nothing will change that in the near future. However, there are many ways to budget for college. In fact there are even ways to minimize the cost of college and live off just $15/day despite the statistics shown below. Source: College Board, Annual Survey of Colleges; NCES, IPEDS Fall 2016 Enrollment data. … Continue reading Budget For College: Limit The Cost Of You Education
While college may be overwhelming, there are many sources to lower the burden of paying for college. Scholarships are a good way of how to get money for college. One of the best ways of how to get money for college is scholarships. From 2015-2016 $6.1 billion were awarded in scholarships. This may sound like … Continue reading How To Get Money For College: Scholarships
Your judgement is what keeps your money yours, and not scammers.Post may contain affiliate links In a previous post I have mentioned how scams are a concern for personal finance. In this post I will bring up advice on avoiding scams. Luckily, I was never swindled for money when the situation was under my control. … Continue reading Avoiding Scams, The Modern Day Thievery
Scammers are easily imagined as devil incarnate who try to steal people's hard earned money. Trust me, the devil never needed to step in to do that.Post may contain affiliate links Everyone likes to think that they will never be the victim of scams. However, statistics say otherwise. According to the National Center for Victims … Continue reading Scams: What If You Wasted All Of Your Money?
Post may contain affiliate links There is much debate on whether to buy a house with a 15 year or a 30 year mortgage. Advisers including Dave Ramsey say there is no debate and that you should take out a 15 year mortgage. Others like Graham Stephan say that a 30 year is better. In … Continue reading Is A 15 Year Or 30 Year Mortgage Better?
Post may contain affiliate links Real Estate Investing One of the most praised forms of investing aside from the stock market is in real estate. Many debate about which is better. Some, including myself, claim that investing in the stock market is one of the most guaranteed ways to become a millionaire. However, the real … Continue reading Becoming A Millionaire: Real Estate Investing
When you see two paths right in front of you, it is hard to see the best path right under your nose.Post may contain affiliate links It's April, and many of my students are about to leave to take on the world. Which means the newest batch of students will be moving in. However, everyone … Continue reading Is College A Good Choice?