Save, Invest, Build Wealth

Money Management

Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

Go Beyond Keeping Up With the Jones’ – Change Your Peception, Change Your Net Worth

By in Mind and Money, Money Management, Wealth | 22 comments

If you keep up with the Jones you’re destined for a bleak financial future. I’m intrigued by the magazine articles that specify how to get a designer look on a budget. But there is a fallacy with these articles and I’ll tell you why. Keep up with the Jones – Hi versus Low The premise is that a designer spent $40,000.00 designing this room, and you can get an approximate look for $9,000.00. Think about it for a moment. Do you think $9,000.00 on furnishings and decoration for one room is an affordable price? Who are they writing for?...

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How to Calculate Net Worth – What Are You Worth?

How to Calculate Net Worth – What Are You Worth?

By in Money Management, Personal Finance, Wealth | 17 comments

What is Your Net Worth? Get Rich Step by Step-by-Step “Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver,”  Ayn Rand The first step in creating a fitness and diet plan is to step on the scale. Nobody likes to get weighed, but you have to accept where you are right now, before proceeding to change. It’s how you keep track!   This article instructs in how to identify your financial baseline. Simply put, net worth is the total of your financial worth on a particular day. Net...

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Personal Finance Luminary-The College Investor

Personal Finance Luminary-The College Investor

By in Debt, Mind and Money, Money Management, Personal Finance Luminaries | 0 comments

Personal Finance Luminary Series-Robert Farrington Welcome to an inside look into some of the most important personal finance luminaries online. These influential people educate and entertain others about money topics. From authors to podcasters to writers, these money mentors are working to raise the level of financial knowledge and education. Robert Farrington, the College Investor, is an expert in millennial personal finance and student loan debt. Read more about Personal Finance Luminaries >>> Personal Finance Luminary College Investor-Robert Farrington Enjoy this interview with Robert, personal finance luminary college investor, one of my favorite online inspirations. 1. What is your background and...

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Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

Should I Invest in an Annuity? Simple Answers to All Your Annuity Questions

By in Advanced Investing, Insurance, Money Management, Reader Question, Retirement | 0 comments

Understand the Annuity Product-In Plain Language Annie Logue of the Root of All, Chicago on the Cheap, and author of several Money and Investing Dummies books about asks; “When are annuity investment products a good idea?” Annuities are a hot button financial offering because they are a product that usually charges you high fees and nets the seller a high commission. Thus, they are frequently (inappropriately) promoted to individuals for the purpose of giving the seller a fat commission. This article delves into the nuts and bolts of the annuity product, when and when not to buy an annuity, and how not to...

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5 Ways to Make Sure You Conquer Your Financial Goals

5 Ways to Make Sure You Conquer Your Financial Goals

By in Guest Post, Money Management, Personal Finance, Saving, Wealth | 0 comments

How to Ensure Your Financial Goals Aren’t Holding You Back By, Kostas Chiotis We all have personal financial goals. It might be a short term financial goal to earn a certain amount or to get out of debt in a specific number of years or something as simple as saving up to buy a new computer. Whatever your money goals are, it’s important to make sure you are taking the right steps to achieve them. In this post, you’ll learn about a few strategies to make sure your financial goals are not actually holding you back but that you’re...

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Should I Sell Stocks Now? What to do Now That Markets are Peaking

Should I Sell Stocks Now? What to do Now That Markets are Peaking

By in Advanced Investing, Asset Allocation, Bond, Economics, Investing, Money Management | 15 comments

Are the Investment Markets Overvalued? Should I Sell Stocks Now? Should I Invest in Dividend Stocks Now? Is the Stock Market Overvalued Now? According to many stock market indicators the stock markets are expensive. After the nine year bull market, find out if you should sell stocks now. An easy way to check the stock market price tag is with the price earnings ratio (PE ratio), or the amount of money you must pay in relation to a corporations earnings. Higher PE ratios correlate with more expensive stock prices. The average PE ratio is 15.67 and the stock market...

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