February 2016
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How to Curb Your Spender Personality

curb your spender personality

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I’ve noticed that no matter how often I write “don’t spend more than you earn” people still get themselves into trouble by living beyond their means. This propelled me to look into the psychology of money and how it affects our financial decisions, behaviors and actions. What I found is that behavioral psychology actually plays a major role when it comes to money, and it’s in our best interest to learn how . . . → Read More: How to Curb Your Spender Personality

Getting Rid of Debt While You’re Young – 5 Reasons It’s a Must

getting rid of debt while you're young

“Having debt is a natural part of American culture. It’s not so bad. Everyone has debt.”

I was shocked that a financial planner was telling me this. He was supposed to be someone I could trust with my budget, my savings, and he was supposed to help me get on the right side of my money. And yet, here he was, telling me that debt was a good thing.

5 Reasons to Get Rid of Debt While You’re Young

Let me be honest with you, debt is never a good thing. Unfortunately, I do believe that debt . . . → Read More: Getting Rid of Debt While You’re Young – 5 Reasons It’s a Must

High Yield Investing – Gift or Curse?

pros and cons of paying off the mortgage early

Tough competition and bad publicity has created a negative image about high yield investing in the industry. It is true that the credit risks are quite high when you put your money into these investments. However, the important question is, is it worth it? It can be. Take a look at the following information to get a better idea about this investment plan.

Investment Portfolios

This plan is spotted in many investment portfolios over the recent years. There are two main reasons for this inclusion. First of all, they offer investors risk-adjusted returns that enables them to invest any amount . . . → Read More: High Yield Investing – Gift or Curse?

What Would Change Your Life? Seriously, Tell Me

change your life

This post is going to be more about my response to your comments than it is about the words in this text box. What I want to know is…

What Would Change Your Life?

What is it that you’ve been longing for, striving for, yearning for…but just can’t seem to achieve? Do you continually set a goal, get started down the path, but then seem to fail miserably each time? I want to help.

I’ve been on your side of the wall. I’ve struggled with many of the same things you’re struggling with. Some of them I still struggle with, . . . → Read More: What Would Change Your Life? Seriously, Tell Me

Saving $4,000 by Refinishing the Rental Floors Myself

Dining room fully sanded

The hardwood floors in this rental house are everywhere: the living room, dining room, hallway, main bedroom, the stairwell, the two upstairs bedrooms, and even the kitchen! Most of these beautiful old floors were hidden under ugly carpet and were just begging to be refinished.

The big question then became….Who was going to refinish them?

Saving $4,000 by Refinishing the Floors Myself

Well based on the title, it’s pretty obvious that I decided to throw away the $4,000 quote that I got from my floor guy and opted to tackle these hardwood floors myself.

Weekend #1

The sanding began . . . → Read More: Saving $4,000 by Refinishing the Rental Floors Myself

10 Reasons Why I Hate Debt – by Taylor Milam

hate debt

I loathe debt. In fact, I hate debt so much that I’ve committed myself to paying off $14,000 of it within 7 months. In two months, I’ll be debt free and honestly, I plan to remain that way for the rest of my life. If there’s one thing I’ve learned throughout the past five months of debt repayment, it’s that I can’t stand debt. I don’t dislike it or disapprove of it—I hate it.

I hate it so much that I’ve made countless sacrifices to get rid of it as soon as possible. I sold my car, started biking to . . . → Read More: 10 Reasons Why I Hate Debt – by Taylor Milam

5 Ways to Save Money on Valentine’s Day (Without Being Cheap)

save money on valentine's day

If you walk into a store this time of the year, your eyes may detect the pink glow coming from several aisles toward the front. That’s the sight of an $18.6 billion dollar industry waiting for you to dump your change on the counter before February 14th. If you want to save money on Valentine’s Day, want it to be special, and still want to eat the next day, then please focus your attention on the following information for the next two minutes.

You’re reading a personal finance blog, so, first of all, you’re headed in the right . . . → Read More: 5 Ways to Save Money on Valentine’s Day (Without Being Cheap)

5 Top Ways to Get Wealthy in America

get wealthy in america

Did you know that only 20% of the millionaires out there actually inherited their wealth? For whatever reason, many of us have this notion that wealthy people are born with a silver spoon in their mouth. They’re all brats that are thankful for nothing and expect to be handed everything.

In reality though, 80% of America’s wealthy are 1st generation rich. Meaning, they’ve absolutely earned every dollar that’s in their bank account. No silver spoons, no trust funds, no inheritance.

Maybe it just makes us feel better about ourselves when we look at our embarrassingly low bank account balance, . . . → Read More: 5 Top Ways to Get Wealthy in America

My Favorite PF Reads from January

20160131 - why redskins players are so frugal

Do you ever read a lengthy personal finance article and think to yourself, “That was crap. I learned absolutely nothing.” If you’re an Adam Sandler fan, you might even say that you are now dumber because of the experience (some Yahoo authors make me feel like that quite often). Let me warn you though – that won’t happen here.

My Favorite PF Reads from January

January was an absolute gold mine for PF articles. Sometimes I have trouble finding three or four that I like. This month, I’m excited to share six quality articles that might even change your life . . . → Read More: My Favorite PF Reads from January

What Are Technical Indicators?

myths of investing - stock market

We’ve previously covered trading for a living and had quite a lot of interest in the subject of market analysis, which broadly speaking falls into two distinct areas, fundamental analysis which focuses on an understanding of the business and the wider market, and technical analysis which uses historic performance to project future prices. While the former is well out with the scope of a single college course the latter depends only on an understanding of the principles behind technical indicators, these can be broken down into two broad categories: trend following indicators and oscillators.

What Are Technical Indicators?


. . . → Read More: What Are Technical Indicators?