Debt = Risk
The economy for the last 20 years has grown almost entirely on debt. Real wages haven’t increased but consumption has double and tippled. We live in bigger homes, drive newer cars, and have more expensive technology than our parents did. The recent boom in housing has dumped billions of dollars [...]
Saving money and time is a big part of frugal living. These free phone services will save both time and money. Regular 411 calls are now $1.00 to $2.00 a pop. And calling a friend to find a phone number can be a pain. Take some time and program these numbers [...]
Looking for a tax free, no risk investment with a guaranteed 6-18% return? This might sound too good to be true but it’s not. Once you have an emergency cash reserve it’s time to start thinking seriously about your investing strategy. Part of that strategy is finding the investment that will yield the [...]
Compound Interest is one of the most important concepts in personal finance. By understanding the power of compound interest and how it works it will change your investing strategy, your mindset, and your goals. This concept is so powerful that Einstein is quoted as saying “The most powerful force in the universe is [...]
High interest rate savings accounts are useful tools for emergency cash reserves and intermediary savings vehicles. But every year the extra money you leave in your account is worth less than the year before. How much less? Anywhere from 1-2% less. That means the hundred dollars you left in your account [...]
Some of the richest people in the world drive very average cars. How average? So average you would never crank your head around to get a second look. In fact, some of these cars would be classified as old, unflattering, and beat up. What can these cars of billionaires teach us [...]
How much is enough for retirement? These free retirement planning calculators will help you estimate how much will be enough. Each calculator is unique in what inputs are required and the type of answers you’ll get in return.
MoneyChimp ‘Simple’ Calulator
The MoneyChimp Calculator is simple and offers a quick snapshot of what your [...]
Driving around town looking for the cheapest local gas prices will cost you an arm and a leg now-a-days. These websites will help you in your efforts to fill-up for less. They provide up-to-date gas prices for many gas stations in your local area. You can search by zip or city/state. [...]
Most all financial books have common themes. The themes repeat themselves because they are formulas to building wealth. No matter the situation these principles work. In essence, becoming rich requires a break from “traditional thinking”. These seven points are what make wealthy people different than everyone else. Do you have any [...]