For all my talk about the beauty of index funds and passive investing, and how stock picking is basically the root of all evil, I have a tiny confession to make.
This post is centered around a technique that has helped positively shape my relationship with money but has also made a profound impact in my life.
Accumulating credit card reward points offers you the ability travel the world without negatively impacting your savings rate.
Oh market timing. Everyone thinks they can do it, I sure did. I think maybe we are all born with this bravado. But it’s a horrible idea.
We all can prosper not only financially, but in all areas of life by changing how we think and redefining what is possible within us.
I now understand that frugality is not only a lost art in today’s spend now world, but it is also a superpower.
Debt is no fun. It’s a grouch. It’s a party killer. It sucks. And if you’re currently living with debt, it should be considered a CNN-style breaking news EMERGENCY.
The stock market is at an all-time high. Tensions are building. Valuations are stretched. “It can’t go much higher, right? When is the party going to end? How far will stocks fall once it does?” I get these questions all the time. My answer: I don’t know and I don’t care.
The 2017 Equifax data breach impacting approximately 143 million consumers is frightening and a very real threat to our finances. But the good news is there are tools and strategies that will help defend ourselves against potential identity theft.
Fees are one of the only components we can control as investors and the decisions you make today can save you hundreds of thousands of dollars over your investing lifetime.