Your net worth is one of the most important metrics you can track over time. It tells you how much money you have saved, invested, and owe. If you want to protect your net worth, it’s important to be aware of what can threaten it. This blog post will discuss eight things that can damage…
I think a really strong place to start with personal finance is to just assess where you are and creating a net worth statement can help you get there. A cool thing about this step is you can sit down and do it right now and in an hour or two, you’ll probably have it…
I’ve written a lot about how I think goals and tracking those goals have made a huge impact on my financial progress. But you might wonder how to track these goals? There are a few automated ways to do it using websites like Personal Capital or Mint (personally I do keep a Mint account fairly…
So over the last few weeks, we looked at budgets and the some tips behind spending less and earning more. I think of budgets as sort of a living thing that you have to experiment with a bit to find a system that really works for you. I’ll level with you. I don’t love budgets.…
A common theme amongst the rich and famous is that they all tend to have an army of financial advisors who are tasked with wealth management and helping them to make the most of the millions that they have. It is also a common misconception that you have to be rich to use a financial…
I’m pretty sure perplexicity isn’t a word, but I’m declaring it one today. Perplexity is a word, but I feel like I need the extra, made up syllable in there, to fully express my confused wonderment. Financially, I’m solidly in the state of perplexicity. This isn’t a bad thing. It might look like a bad…
One of the big reasons I got into blogging and also into charting my net worth was because I felt like a lot of personal finance bloggers were either painfully in debt or super rich (or what seems like super rich to me). Not only am I super average, salary wise, I actually think I’m…
Profile I am thirty years old and where the heck did September go? I work as an assistant production manager and, my yearly salary is $53,560. Saving & Spending I managed to put a few hundred dollars more in my IRA, but not as much as I had hoped. On the plus side, I’m only…
Profile I am twenty-nine years old. I work as an assistant production manager and my yearly salary is $52,000. I am about to acquire a ton of bills for the first time in my life when I move into my own apartment in January, so I suppose I better brush up on my budgeting skills.…
Profile I am twenty-nine years old. I work as an associate production manager and my yearly salary is $38,000. I live on a train most of the year and stay with my parents for free during my vacations, so I have no rent or utilities to pay other than a $50 a month internet fee…
The other day we talked about money psychology because it’s so important to get a firm grasp on your money hang ups as you start to delve into sorting out your financial state. Once you start to see why you have the issues you do, you can begin to resolve them (honestly, you can begin…
I recently came across an awesome website called Consumerism Commentary. It was started by a guy named Luke where he essentially just kept logging his net worth as an accountability tool. After several years, it gained popularity and now he has several other people doing the same thing and several professionals who provide commentary on…
I am awful at budgeting. Seriously awful. Mostly because I’ve been pretty lucky to not have to worry too much about money most of my life, I sort of just have an idea of what’s happening in my checking account and try to keep my expenditures under that. Once in a while I fail and…
In my continuing research to become less of a financial moron, I’ve stumbled upon Investopedia. It’s popped up in a few different places on the web as a site to check out, so I finally did. Overall, I’m not super excited about their articles. I don’t feel their website is really clear and easy to…
I haven’t actually forgotten about this blog, the reason I haven’t posted actually goes back to the premise under which I started this blog. It’s that I have no idea what I’m doing and would love, love, love to not spend my retirement under a bridge, in a cardboard box, eating hobo beans. I tried…