Training yourself to make good financial decisions happens one thought at a time. I consider this as “building the decision muscle”. With every decision you pose to yourself you have an opportunity to grow this muscle or let it atrophy.
The Rule of 72 is a formula for estimating how many years it will take for an investment to double in value with a given interest rate. The formula is simple enough and close enough to the computed value that you can use it for ballpark estimate with very little effort.
How do you know if you’re spending too much time thinking about money? A certain amount of financial literacy is important, but it’s also possible to stress yourself out way too much.
The hardest part of investing is learning how to get started. In this post, I go over exactly what I’d recommend to someone starting today with $1,000 to invest.
When I was 26 I left my first job. It had a 401k that I had been contributing to since I started. Being the responsible investor I was at the time, I immediately decided to rollover that 401k into an IRA at my bank – Bank of America at the time. The total amount of […]
The last decade has seen a spike in attention towards living simply. As our lives are more and more complicated with social media and an always-on society, the draw of more simple times pulls at us in different ways. For some, that means cleansing themselves from Facebook and Twitter. Some move into tiny houses or small […]
A rundown on my investments, spending and finances over the last quarter. My investments were down 0.91% while my net worth was up 9.79%.
Are you a morning person? Chances are you’re not. Some reports say roughly 20% of people consider themselves “morning people” or “night people” – with the remaining 80% being somewhere in the middle. Even those that do have a morning ritual don’t typically do it by choice. Most do so for external purposes and only […]
FinCon 2018 was held September 26-29 in Orlando, Florida – and was a lot of fun! This post details why should and shouldn’t go to FinCon, a day by day breakdown of my time there this year and all of my takeaways from the experience.
Unlike regular paychecks, bonuses are taxed at a different rate. If you understand how they’re taxed you can take advantage of a number of strategies to reduce taxes and access your money sooner!