As with physical, mental, and spiritual fitness, achieving fiscal fitness pays tremendous dividends. The essential elements of a sound fiscal foundation? Maintain a spending plan, minimize debt, establish an emergency fund, and contribute to retirement plans. Maintaining a spending plan means itemizing current expenses. Doing so allows you to carefully track how much money you are taking in during a given …
When someone asks me how they are supposed to get out of debt or get ahead financially, I give them several helpful tips including one that I think is underrated and often forgotten…Give Blood/Plasma. I live about eight miles from a facility that pays around $25 every time I donate blood. Following the rules and …
Living Frugally: Give Blood, Save Lives and Get Out of Debt Read More »
The first 25 readers to leave a comment will win a complimentary copy [Kindle Format] of Sin City Greed. The giveaway begins on 16 March and ends on 18 March (10:00 p.m. EDT) or when all 25 prizes have been claimed, whichever comes first. While I enjoy running the blog, last year I began looking for a …
Book: Sin City Greed (2015). James C. Molet – This second Personal Finance Thriller follows a group of resilient retirees as they hatch a scheme to recover their stolen money. In the heat of the Las Vegas Valley, American Greed meets Ocean’s Eleven. THE PROLOGUE Las Vegas. Near the intersection of Paradise and East Flamingo Roads. From his second story office Carlton …
My job takes me on the road on a regular basis, and as a Marriott member, I always look to stay at a Marriott property; typically a Courtyard, TownePlace Suites or Residence Inn. Occasionally, be it a business or a personal trip, I will stay at a higher end Marriott property such as a Ritz …
During the course of previous discussions, we have identified three general stages in an individual’s investment lifecycle: building a fiscal foundation (conducted during your 20s and 30s), accumulating wealth (occurring between the early 40s and mid-50s), and pre-retirement, the five-year period prior to your desired retirement age. During the pre-retirement stage, debt is eliminated and a plan – considering the …
Scourge: noun [skurj] A cause of affliction or calamity. There is no doubt about it, student loan debt is a scourge, particularly for Millennials. A recent TransUnion study found that a decade ago, student loans accounted for only 12.9% of the total debt load carried by people ages 20 to 29. It now stands at 36.8%. Moreover, the average student loan …
Created by graduates of Wharton and the Harvard Business School, Silver was born out of the frustration of receiving an overwhelming influx of credit card offers. With constantly fluctuating rates and available services, the developers of the Silver mobile app understand how difficult and time-consuming it can be to research and compare the plethora of …
I would like to take you on a mental journey to a place of less … less consumption, less waste, less spending, less accumulation of stuff. In this place, less actually leads to more – I see your forehead wrinkling but stay with me. Less spending yields more saving and less consumption yields more contentment. …
Documentary: Thinking Money: The Psychology Behind Our Best and Worst Financial Decisions (2014). Now airing on public television stations nationwide in collaboration with American Public Television. In this film, produced by Rocket Media Group, LLC in association with the FINRA Investor Education Foundation and Maryland Public Television, host Dave Coyne leads viewers through an exploration of money and introduces …
