Saving for retirement is an important part of financial planning. Being familiar with the rules of both the Roth and Traditional IRA is important. It might seem complicated at first, but it’s really not. You don’t have to have it memorized, just be familiar with it. The main difference between …
Saving and investing are really the same thing. The word “saving” implies low risk/ short term, and the word “investing” implies higher risk / longer term. But really, when you get down to it, they are the same thing. A lot of people get thrown off by the word “investing” …
I just finished reading Crush It by Gary Vaynerchuk. I liked it quite a bit. I certainly recommend it if you are thinking about striking out on your own, or are just tired of your current employment situation. If you need a push to follow your passion this is the …
The theory behind Maslow’s hierarchy of needs is that you start on the bottom level and can’t move upwards until the needs on the current level have been met. For example, if you are starving you will do whatever it takes to get food, even if it means risking your …
My 8 year old just bought his first stock today. He’s very proud and was going to tell all his friends at school. No one will know what he’s talking about but I’m glad he’s happy. It all started at Disneyland earlier this month. We were walking around he said …
Every month since the beginning of 2008 I have tracked my spending and debt balances. That’s nearly 6 years of tracking! 71 times I’ve sat in front of an excel spreadsheet and taken a snapshot of my debt balances. At the beginning of 2009 I also started tracking my savings …
