I always hated math. I know it isn’t evident from my writing style or the plethora of monosyllabic words used throughout this blog, but I always preferred English…well band, athletics, and lunch really. However, I do love simple formulas that reveal useful things that are applicable to the real world. Hence, The Rule of 72:…
Category Archives: Financial Guidelines
Quit Collecting Crap and Get a Real Hobby
Why You Need A Hobby There are countless benefits associated with hobbies. If you need to kill some time, clear your head, or just unwind after a long day of work, you need a hobby that will help “get you there.” Studies show that participating in hobbies can reduce stress, lower blood pressure, and sharpen…
Beyond The Emergency Fund: Saving for “Guaranteed Surprises”
The merits for establishing an emergency fund are solid. If your furnace quits working in the middle of winter or you lose your job, you’ll eventually need quick money to cover life’s potholes. The recommended amounts often vary from $1,000 to a full year of expenses. Personally, we have an emergency fund that would keep…
How To Take Control Of Your Financial Future
At the end of every semester, I often reflect on each class' most important topics and how I can apply them in the future. I learned a great deal about personal finance in my personal financial planning course. It was an excellent class full of practical information and I am much better for taking it. …
Financial Guideline # 1
“Building a Solid Financial Foundation – Before you Invest!” There is no shortage of advice encouraging you to begin investing at a young age, or at least as soon as possible. This argument is a valid one. The earlier you begin investing, the more time your money is subjected to the positive effects of compound…