I recently suggested that investors keep it simple. There are way too many companies trying to sell complicated investment products or actively managed mutual funds with high expense ratios (or said differently, fees that go to those managing the fund). Instead of loading up on complicated and expensive investment options, many investors would be […]
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As I researched and wrote Student Loan Solution, it became obvious to me that there are many common misconceptions about student loans. This wasn’t surprising, though. Any time you have something that is overly complex, you are bound to have misconceptions. Unfortunately for student loan borrowers those misconceptions about their loans can cost them […]
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Whether it’s student loans, credit cards, a mortgage, or some combination, most of us have debt. Regardless of how much debt you have, it likely makes it difficult to work towards your larger financial goals like saving for a house, building an emergency fund, or investing for retirement. As someone who took on significant […]
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It’s always a good idea to conduct regular “money checkups” to make sure you are making the most of your money. To make it a bit more interesting, I like to think of this as “hacking” your money. Small changes can make a big difference. My wife and I were leaving hundreds of dollars […]
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I used to be skeptical of the impact of a positive money mindset, but recently my opinion has changed. I’m a naturally skeptical person, and it’s easy to write-off positive mindset as a bunch of BS. After all, thinking positively doesn’t guarantee success. But the more I’ve reflected on it, the more I’ve realized […]
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Dave Ramsey has written some of the best-selling books on personal finance and helped millions get out of credit card and other debt. So why would you want to look for alternatives to Dave Ramsey? If he’s helped millions, why wouldn’t anyone and everyone who has struggled with debt simply buy his book, take […]
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If you are one of those who was lucky enough to not have student loans, you likely know someone else who had them or has them. It’s also almost impossible to avoid the near-daily reminders of how big of an issue student loan debt has become. It’s natural to want to help your children […]
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Do you ever feel like your financial life can get overwhelming quick? Bills can pile up. Then there is all the things you “should” be doing with your money. It can be easy to take the “out of sight, out of mind” approach to money. But I think we all know that eventually you […]
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I’m one of those people who tend to over-complicate things. I’m always trying to take things to the next level of detail. Or think of a different approach to something. Sometimes this is helpful, such as in my day job in corporate finance where I’m looking at how different variables may impact a forecasting […]
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It can be tough to find time to focus on personal finance while you are in college. After all, college students have very little “extra” time. They are trying to perform well in all their classes, and many have numerous obligations outside of class such as working, volunteering, organization involvement, and social lives. And […]
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