The average American consumer is a financial fool. Why would you say something like that? Because it’s true….financially. Here is why, The data we have
Are you screwed if you don’t have an employee sponsored retirement plan? Of course not! However you are going to have to work a bit
Saving for college should start early to maximize compounding Take advantage of college savings plans offered by your state. The contributions grow tax free for
Speaking of wines, I don’t think it’s wise to spend more than $10-$15 per bottle for most people. The reason I say that is they
Time shares: No, don’t take the tour and sign up! While this might seem like a good idea they are hard to sell once you
“Only little people pay taxes!” That is a famous quote from Leona Helmsley. A rich hotel owner from NYC in the 1980s. She was known
There is a subtle difference between investments and savings that many people don’t understand fully. The purpose of saving is to not spend and accumulate
Reward cards in my view deserve special mention. I don’t encourage their use as they are a form of debt unless you plan to pay
Pickup trucks for the weekend warrior. They sure are popular in today’s economic climate. As I go to the office I see more and more
How much money will I need to retire? A lot most likely. It all depends on when you plan to retire, how long you plan
Roth IRAs are a supplements to 401Ks A Roth IRA is a retirement account that is funded with post tax dollars instead of pre-tax dollars.
Ramen noodles for life! Doesn’t that sound great? All the flavors in the world! Chicken, Beef, Shrimp, Jalapeno and Spicy Chicken. While these may be
I don’t like car loans. The reason for this is you are making payments on a depreciating asset with interest. People often also end up
Credit cards are the worst kind of debt. You are paying high interest on stuff you probably didn’t need to buy in the first place.
Ah student loans, seemingly so innocent when signing the promissory note but in reality deadly serious. Why do I say that? Federally backed student loans
Some people say cancel the gym to save money. I say not so fast. Perhaps you can find a more reasonably priced option. Why dropping
The simplest way to save money is to not buy anything but you need to eat so let’s see how we can spend a little
The philosophy of how to live frugally and be happy. Frugal living is our rake to bring in more money so we can invest it
So let’s say you splurge and end up buying things you don’t need or regret buying later. It happens to everyone including cheapos like me.
Cutting the cord is quite popular now. Whether it is the right choice for you depends on a few things. Cable tv is most certainly
I used to think my boss was crazy for bringing his lunch every day to the office. However he has a second house in the