Category: Finance

You can’t afford not to invest your money if you want to save it or grow it. If you hide it under your mattress it’ll be eaten by inflation, and if you keep it in saving accounts, the bank will lend it out making seven percent of it, and then give you less than one […]

A new report from the Government Accountability Office found that almost half of older Americans approaching retirement have nothing saved in a 401(k) or individual account. This poor planning could stem from several sources. National saving increased directly after the 2008 crash because many discovered how critical having an emergency fund is, but as the […]

Whenever I bring up the stock market to some people, they immediately retort with the crash of 2008 as a reason to not invest money. But if you follow basic principles you’re much more likely to make money than you lose. Diversify This is the oldest advice in the book, but what does it mean? […]

Life in your 20s could mean any number of things. I know people in graduate school, backpacking across Europe, and with 2+ children. No matter your circumstances I’ve seen and experienced a few common big money mistakes. 1. Living large right out of college You’ve spent the last four years broke. So now you’re getting […]

Having a rich or poor mindset may have nothing to do with your current financial situation. You could be a trust fund baby with a poor mentality or be working three minimum wage jobs with a wealthy person mindset. Your financial situation is temporary; your mindset will last for the rest of your life. 1. […]

In January 2017 credit card debt hit an all-time high surpassing $1 trillion, with the average American carrying $6,375 of credit card debt. I went through college without using a credit card and missed out on four years of building credit. So now I’m starting from scratch using secured credit cards, but I’m not going […]

You can’t afford not to invest your money if you want to save it or grow it. If you hide it under your mattress it’ll be eaten by inflation, and if you keep it in savings accounts, the bank will lend it out making seven percent of it, and then give you less than one […]