Preparing for the unexpected emergency seems impossible. The main reason is it’s UNEXPECTED. You don’t know how much to save or what to prepare for because there is no warning for what’s going to happen. All the more reason to prepare. Waiting until the emergency happens is always too late. 66 million Americans do […]
How Much To Save For Emergencies? Read More »
There are two ways to become financially independent: –Make a lot of money–Spend less In my career, I have tried to do both. I have been WAY more successful with the first one. We have been teaching our kids to live as long as you can on as little as you can. Below is a
Live on Less, Have More Read More »
Success is hard to deal with at any age. Success as a teenager is fortunate but extremely difficult to handle. Following retirement from professional basketball, future Hall of Famer Kobe Bryant wrote a letter of advice to his 17-year-old self addressing those challenges, and what he would’ve done differently in hindsight. Kobe can’t go
Invest in your family and friends Read More »
Market stability anywhere isn’t guaranteed, and neither is social security. Don’t count on the stock market or social security to create a comfortable retirement fund. Below is an article that summarizes a report from McKinsey that looks into the future and sees lower returns. With this in mind, we still control our own destiny.
Controlling Your Future Read More »
What?! See the below infographic for some crazy statistics about debt. A study by creditcards.com found that 21% of all Americans believe they will NEVER be able to pay off their current debt. I can assure you that living The Fantastic Life does NOT include slaving away on paying your monthly debt until you die. If you don’t have any
What?? Over 20% of Americans believe they will be in debt FOREVER Read More »
You do not have to read all the items in this list (unless you are interested), but you have to read the following points: 2. When most people say they want to be a millionaire, what they really mean is “I want to spend $1 million,” which is literally the opposite of being a millionaire. 6.
A Few Things Everyone Should Know About Investing Read More »
There are simple ways to save money each and every day. Do not go to Starbucks every day for your morning coffee. Make your lunch at home. AND, stay away from ATM surcharges. I never use an ATM. Ever. Here is why: They charge you money to get your own money. What a business! With
A Simple Way to Save Money Read More »
Investing is difficult. I do not know all the answers when it comes to investing, but I do know that for 30 years, I have tried to diversify my portfolio. I am never satisfied. Then again, I am never devastated. Below is why. Diversification is really the only sane alternative to betting everything on one shot. Sure it is tough
Diversification of Investments Read More »
Why didn’t I think of this? The below article combines my passion for travel, backpacking and financial intelligence. I did not write it, but Libby Kane did, and it includes some great tips on what you can incorporate into your travel. Here are some very practical tips that jumped out to me: –A goal is the first step—in travel and life.
What You Can Learn While Backpacking… Read More »
May is graduation season. I am always looking for articles to help get kids who are just getting out of college headed on the right track. Below is one of those articles. The article is on financial matters from the Wall Street Journal. Short and to the point, the items listed below are a great start for young adults just
How to Throw Away a Fortune Read More »
