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Category: Money Management

Guest Post: Your 5-step Guide to Get Started with Saving!

Guest Post: Your 5-step Guide to Get Started with Saving!

*From time to time, someone from the personal finance blogosphere will reach out to this blog and ask to write a guest post. Today, we have James Paul over at Basic Finance Care. He has some basic steps on how one can think about saving for the future.  “Saving” is a word which often makes us worry about. We are tired of hearing it from our elder generations to learn to save. With the onset of overpricing, costs keep adding…

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Learning the Money Language

Learning the Money Language

Happy New Year to everyone. My apologies for not posting last week (at least someone checked in on me thank you Paul) but my laptop was on the fritz, I had a couple of advising sessions before school, and I decided to take the week to relax before the semester starts within a week or so. I hope everyone who reads this had a wonderful holiday season. And as I was thinking about different money goals for the coming year…

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Financial Goals for 2018

Financial Goals for 2018

Every year I try to hit different financial goals. If you go look at my last post you will see that I didn’t do the best with my financial goals for 2017. I accomplished a couple of them depending on how you measure them, but I would like to do a better job in trying to get our financial house in order. So here are my financial goals for 2018. First, pay down 10% of my debt. My debt currently…

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Should You Invest in Individual Stocks?

Should You Invest in Individual Stocks?

I have always been interested in personal finance and money. I remember I wrote a really crappy essay in high school called “Money Rules the World.” I would actually read about the stock price of my dad’s company in our local newspaper. Before I started college one of the professions I investigated was becoming a stock broker (I don’t think they even exist anymore). I watched the Dow Jones climb during the 80s and 90s and wished I could join….

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Should You Invest in Cryptocurrencies?

Should You Invest in Cryptocurrencies?

One of the hottest things in finance today are cryotocurrencies. Cryptocurrencies are a digital, decentralized currency that it not tied to any specific country or anything. Satoshi Nakamoto, the creator of Bitcoin, wanted to create a digital cash system that was independent of different countries and the like. A cryptocurrency, like Bitcoin, works in the digital world in the sense that a network is created among people (now it is a lot of people) who say that this particular currency…

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Guest Post: Why Should You Discuss Retirement Planning with Your Children?

Guest Post: Why Should You Discuss Retirement Planning with Your Children?

*From time to time I will have some smart people write guest posts for my blog. Today, we have Rick Pendykoski, who has his own retirement planning firm and has some important advice in talking with your children about retirement planning.  Saving for retirement is complicated enough when you’re single, but it gets a lot more challenging when you have children. You need to balance your financial needs against theirs at least till college, if not beyond. In all this,…

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A Little Financial Perspective Is Sometimes Needed

A Little Financial Perspective Is Sometimes Needed

This past semester has been tough. And I apologize lately if my blog posts have appeared a bit on the whiny side. I sometimes get lost in the moment of the situation and don’t look at the forest and only see the trees. I was rummaging around some old papers today and I found something from February 2013 that provided me a little perspective on where we have gone financially over the past 4 1/2 years or so. Before I…

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Becoming a Finance Instructor

Becoming a Finance Instructor

I have blogging on personal finance issues for over 3 years and actively reading personal finance blogs for well-over 4 years. Writing the blog has certainly helped me keep track of my own personal finances, but one unforeseen outcome has been my love of helping others with their own. Over the past year I have been able to help at least a dozen other people with student loans, investing, and the like. And every time I get to help someone…

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What Is a Stock Market Crash?

What Is a Stock Market Crash?

For whatever reason I love watching really weird YouTube videos. Lately, I have been fascinated by people who claim that there are secret bank accounts held by the Federal Reserve that are in each of our names. Of course there are no secret accounts, but that doesn’t mean I am not fascinated by these videos and why people think this way. A corollary to these videos are those that are predicting doom and gloom in the stock market. These prognosticators…

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When Is It Time to Leave?

When Is It Time to Leave?

For the record I am NOT leaving my job. I have no plans on leaving my job. Certainly, there are things I don’t like about my job, but who doesn’t have that problem. Besides I kind of have a golden handcuffs situation at my current position. I have been promoted as high as I can go and I make a decent living doing so. If I were to leave it would have to be the right situation. However, what is…

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