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How Much Debt is Too Much?

The average American is currently carrying at least some form of debt, even if it is small. We live in a society where overspending is common and credit card debt has become a right of passage. In many cases, you need to be in debt in order to start building your credit history. Without this, [...]

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Personal Budget Planning is Crucial!

Personal budget planning is absolutely crucial if you want to build personal wealth and overcome things like the credit crunch and the current problems that the economy is experiencing. The word “Budget” is one that worries a lot of people because it often seems more like a hassle and a chore than anything else, but [...]

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The $100K Experiment

TheLadders.com, the job site for positions in the $100K per year range, ran an interesting experiment.  They placed $100,000 in a glass box and left it out in public to see the response.  Hidden cameras captured what unfolded.

Watch the $100K Experiment
The idea behind their experiment (and their commercials) is that $100K draws quite a crowd.  [...]

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All About Emergency Funds

The news is full of heartbreaking stories about people losing their homes, going bankrupt and facing financial ruin. If you don’t want to be among them, it is time to take a hard look at some steps that you can take to insure yourself against financial ruin. One of the best things that anyone can [...]

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What You May Not Know About Personal Finance

Unless you’ve taken some courses on handling finances, there is a chance that you may not be aware of a few of the key points about budgeting, managing your money and planning for the future. While a lot rests on common sense, there are a few techniques that everyone can use to correctly manage their [...]

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How to Avoid the Three Worst Financial Traps

No matter how wealthy or poor you are, there are financial traps that are waiting to disrupt your lives. Many people end up finding out too late that they are in the depths of one and it is nearly impossible to get out. However, there are specific steps that you can take to ensure that [...]

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Smart Credit Card Debt

Credit card debt is a global problem that has led many to the poorhouse. However, with smart management, credit card debt can actually be a good thing. Let’s look at how to have smart credit card debt that will help your finances instead of hurt it. The premise may be a little odd to some [...]

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Are Your Finances a Wreck?

As the housing crisis worsens and the economy looks increasingly weak, most Americans are facing the reality that their finances are in a bit of a wreck. Chronic overspending, a lack of savings and too much bad debt has left many in a financial condition that they would prefer not to be in. Here are [...]

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The Two Income Trap By Elizabeth Warren and Amelia Warren Tyagi

This was an absolutely fascinating read and its one of the few books that we truly recommend, especially to those with families. The main premise of the book is that our current system of having to have two incomes to make ends meet is what is driving individual family economic meltdowns. How can more money [...]

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What You Need to Know Before Going Into Debt

Let’s face it, if you want to get ahead in today’s world, you’re going to need to go into debt, at least a little. The key is managing your debt properly and avoiding common traps. Not all debt is bad, even if we have been trained to think that it is. Going into small amounts [...]

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Why I Telecommute

While the notion of telecommuting may conjure images of an unshaven man in sweatpants working to his own schedule without regard for the real world, my own experiences have been much different, though equally satisfying.
I have been telecommuting to my day job for about two years now. Working for a company with many [...]

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Defined Contribution versus Defined Benefit

It’s never too early to start thinking about retirement. When you’re making your plan, it’s important to understand the difference between a defined contribution plan and a defined benefit plan.
The Defined Benefit Plan:
The defined benefit plan that people are the most familiar with is a pension plan. The way it works is that you get [...]

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