Archive for the ‘Personal Finance’ Category

Recently, I was tagged by Be This Way to share my five financial goals. I have been meaning to update my goals, but never got around to it — so this is as good a time as any. Here are the five three goals (I stole the idea from This Wasn’t in the [...]

A few weeks ago, my wife and I visited my sister and she made us a few cups of espresso, cappuccino, and cafe latte with her new Nespresso D290C Concept Automatic Espresso Machine. I must admit the coffee was great. My wife loved the machine and decided that we should have one also. [...]

Since I write about selling unused stuff on Craigslist and eBay, I just want to share my recent experience with you. Basically, you have to be careful with who you are dealing with when you are selling in these online markets. There are a lot of scammers in these marketplaces and you [...]

On July 18th, I responded to Mrs. Micah Single Step Personal Finance Challenge and said that I will try to finish up my estate planning in 2 weeks. Alas, I am a procrastinator and didn’t get anywhere near completing it. So I committed to complete the first of four steps in the Suze Orman’s [...]

This is the 8th issue of the Ask The Expert column by Larry Swedroe. You can see Larry’s full biography and important disclaimer below. If you are interested in having your question answered by Larry, please send me an email via the contact page.
Now, let’s get to the questions and answers (please note that the [...]

Recently a bunch of friends got together and the term victim mentality came up. Victim mentality is a tendency to blame external or uncontrollable factors, instead of focusing on internal or controllable factors for things that go wrong. Among other negatives, victim mentality is detrimental for your financial health.

Photo by Gipics via Flickr
What’s so [...]

Risk management is a methodology to mitigate negative consequences resulting from threats and uncertainties. In this article, I’ll be exploring financial risks focused on personal finance and how to minimize these risks. Since risk management is a huge topic, I am going to limit it within the scope of the REAL Wealth Building [...]

Updated: 9/3/2008
This guide is intended to provide readers with ideas, how to’s, and resources on building multiple income streams and generating extra income. If you are interested in earning more money and becoming less dependent on your job, then this is the guide for you. On the other hand, this guide is not about [...]

Last Friday, I received a question from one of my readers. He asked that I respond publicly so that others may pitch in with their opinions. However, I took it a step further and passed his question to a few blogger friends and I’ve included their answers here as well.
I am an avid [...]

Not long ago, I participated in a lively conversation in the GRS forums entitled: Debt Snowball vs. Emergency Fund. The premise is very simple. Should the person start an emergency fund while he’s still in debt? In this case, we are talking specifically about credit card debt averaging 15% in interest.
Photo by [...]