How many people do you know that have achieved financial independence simply through their investments? Me? Hardly any. But I do do know countless individuals who have busted their tail to become experts in their field of work, saved a healthy portion of their earnings and then wisely invested that capital and achieved a decent return. And for many of these people the … [Read more...]

Most people see creativity as something centered on the arts--whether that's design, writing, drawing, music, or other endeavors. They rarely apply it to the more technical aspects of their lives, like money. For whatever reason, money is seen as "static," as something that has to be learned from others or applied through systems, rather than figured out creatively. I … [Read more...]

A recent post on ProBlogger asked us what we would do if we only had one month left to blog. It’s an effective psychological trick used to reveal priorities and gain focus. It forced me to reconsider how I would use my time and resources carefully to position an asset (a blog, in this case) to give me the best long-term returns without any future input. Note that this … [Read more...]

Money and marriage has been a popular topic on personal finance sites. Being open as a family on personal finances is a big issue to tackle. It's possible to have financial discussions with your family without starting a fight; it takes planning and time on both sides. Define Your Goals What do you two hope to accomplish? People may fight over money, but many times they are … [Read more...]

For almost 2 years I've been paying attention to my money and trying to better my financial situation. For almost 8 months I've been writing about personal finance. Still, the word asset allocation scares the crap out of me and if you asked me to explain the makeup of an aggressively allocated portfolio, I would fail miserably. I'm 23 and don't care about predicting market … [Read more...]