It's not surprising to anyone that Americans are TERRIBLE at managing their money. A quick look at some Staggering Financial Statistics will solidify the claim. I could list 1,000 reasons WHY everyone's finances are "gross," but today I'll only present one. Decisions, Decisions Think about 5 …
Budgeting
2 Rules for Car-Buying and Maintaining Wealth
One of my favorite things to do is to study the behavior of the American "middle class." A class that often complains about having little money but - at the same time - manages to enjoy the luxuries of a high-class lifestyle. Everyone should be able to plug their iPhone5 into their BMW 6 Series. …
Buying a Car Won’t Help You Reach Your Dreams
I was flipping through the pages of Money Magazine when an advertisement caught my eye. The ad was promoting the All-New 31 MPG Highway 2013 Honda CRV. To soccer moms all over the world, this car is hella cool. It's also hella expensive. My problem isn't with the car itself, but instead …
The Ideal Budget for a Single Guy (Age 24)
The transition from college student to young professional can be one of the most fun times in your life, but it can also be a time of stress. The increasing inflow can be extremely exciting, but only if it exceeds the increasing outflow. The bills that mom and dad used to cover (without your …
I Don’t Want To Be Debt Free
Did you do a double-take when you read this title? Considering a lot of my readers are personal finance bloggers, I'm guessing yes; especially since the majority of personal finance bloggers see debt as an unnecessary evil. A few years ago I was faced with a personal dilemma: should I pay off my …
I Have A Genius Business Idea
I've got this sweet plan. I'm not sure it'll be as profitable as the lemonade stand I started in 3rd grade but it's promising nonetheless. I haven't contacted SCORE or written an official business plan yet so this blog post will act as my basic brainstorming. Every couple of weeks I'm going to …
The Cost of Renting vs. Buying
Should you buy or rent? No… I’m not talking about housing (that’s an overplayed topic). Rather, I’m referencing everything else. Is there a correlation of cost to rental price? Case Study #1: Surfboard Because my car is too small to carry a longboard, I’m forced to rent one when I go …
