Homeownership is still a big part of the American dream, although smart buyers consider the pros and cons carefully first. Important Considerations of Homeownership If you’re sure buying a home is for you, here are a few of the most important things to consider. Location is still the one thing you can’t change Unless you’re […]
If you’re an adult in the first half of the twentieth century, you probably grew up with a consumer mindset. Shopping comes naturally to you. Consuming is most likely something you see as an inevitable part of life. It is, of course, but not to the extent that most of us assume. Just 50 years […]
It’s a long-running debate. Is passive income a holy grail, or is it as much as a myth as the pot of gold at the end of the rainbow? Here’s why I definitively fall on the first side of that argument, with proof from my own personal experience of building from negative net worth (owing […]
There are lots of investment options out there that you can make. Something that I’ve found that actually puts people off of investing is there are too many options, it’s complicated, and overwhelming. Often the toughest step to take is the first, but once it’s out of the way everything else is easy. When we […]
Along with your cellphone provider… And insurance carrier… And doctor… And pharmacist… And gas station… Etc. Ah, Vacation! Getting away from it all may be more challenging during these scary pandemic times, but if anything, the stress and anxiety we all feel day in and day out make it even more crucial. The problem is […]
Credit card debt is no joke. First, there’s all the interest you have to pay, which drains your financial ability to buy things you need. Second, there’s the stress and anxiety as you spiral deeper and deeper into debt. Third, as I’ve written elsewhere (see graph), your credit score can drop by 250 points just […]
The cost of a college education appears to be on a constant (and rapid) upward trajectory. This is especially true when compared to the flat or even drooping inflation-adjusted income of most Americans. If you’re a parent, and especially if your kid is young, here are 5 tips that will help you put your kid […]
It’s no secret that the cost of a college degree has increased over time, to the point where it’s out of reach for even many middle-class families. The average cost of attending your state’s public university for 4 years, even as an in-state student, is now higher than the median annual household income! If you’re […]
If you want to reduce financial stress, you might be focusing on reducing your outgoings, increasing your income, and paying down debt. All admirable aims, but in the long-term, some of the things that will reduce financial stress involve your mindset and emotions, as much as what you actually do with your money. Build Your […]