A couple weeks ago my wife called me on a late Friday afternoon to tell me the warning lights on the car dashboard were red. I don’t know much about cars, but I know that’s not good. Unfortunately, she wasn’t just down the street or a few minutes away where she could quickly drive to a local mechanic and meet me there. She was about two and a half hours away in a town called Valencia.
One of the hot topics of late is inflation. Many experts are predicting we’re going to see inflation, hyperinflation, or even stagflation. A white hot real estate seller’s market, increased printing of money, and a rise in the cost of goods like fuel and groceries have all contributed to these conversations. It’s impossible to predict what’s on the horizon, but the clues are certainly out there that more inflation is coming.
As I write this post early in the morning, coffee is being brewed in the house. Every weekday night my wife sets up the coffee pot to start brewing the next morning so that it’s ready when she wakes up. I personally don’t drink coffee but she has a cup every morning. I don’t have anything against coffee, I just never got into it.
I normally write my blogs a few weeks ahead of time. That way I’ve always got posts ready to go. The original first sentence of this post was “Bitcoin is surging.” Oops, it’s plummeted the past few weeks so I have to scratch that sentence! But that doesn’t change the message I’m trying to relay.
Let me start out this post by posing a question. If you were running late for your flight and needed a quick ride to the airport, who would you rather have pick you up?
Driver who has 20 years of experience, clean driving record, and reliable track record. They drive a 10-year-old used four door sedan.
One of the most common objections I hear about investing is where the money is going to come from to invest. With so many people living paycheck to paycheck, it’s not so easy to find 10 percent or more to invest. But it can be done. Here are five places to start.
Related: 6 Ways to Rapidly Increase Your Investment Contributions
Over the past few years the FIRE movement has started to gain more traction in the mainstream media. No, not a fire that burns and creates smoke, but FIRE as in Financial Independence Retire Early.
The word “investing” has a lot of different connotations for people. Some think of investing as only for the wealthy. That’s actually myth number three in my long-form blog post, Top 12 Money Myths You Should Ignore. Others think of investing as sacrificing now for the reward of a far off distant land called retirement. Invest now so you can benefit in 40 years.
There is a lot of bad financial information out there. Whether it’s from a clickbait ad, a neighbor with hot stock tips, a headline grabbing article, or well-meaning family members—bad information is all around us. With bad information comes money myths. These are my top 12 money myths.
Mark Twain wrote “I’ve had a lot of worries in my life, most of which never happened.” I’m not sure why people worry so much, but we do. I say “we” because I’m certainly not innocent of this either. And just like the Mark Twain quote, most of it has never happened.
There’s a money evolution going on inside of you whether you know it or not. We are always learning and changing. Some people make productive
The power of compound interest is undeniable. Compounding starts off slow, followed by more slow progress, and then BAM! It’s off and running and your
Scarcity exists everywhere–with time, money, ideas, a general mindset about life, and a plethora of other things. The premise of this post is that scarcity
Financial Mistakes happen. As much as we try to avoid them, they will occur. Hopefully not twice, but that happens too. It’s something everyone has
