Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘liability’

The Basic Formula of Wealth

One of my favorite subjects that I talk a lot about on this blog, is the subject of wealth. As you know, I share my net worth monthly. Although there are many beliefs and philosophies on how wealth could be accumulated, the mathematical nature of wealth is all the same: Wealth (Net Worth) [...]

Money Lesson #1: Basic Finance, Cash Flow, and Risk Management

A few nights ago, it dawned on me that being the sole handler of our family finance is our biggest liability. That is a huge risk, if something ever happens to me. Even if I take out an insurance policy large enough to support her and our son, it will not help if [...]

Moolanomy weekly roundup #2: “Dealing With Debt” edition

Trying to build wealth while you are in debt is like running on a treadmill. At best, you will get a good exercise running to nowhere. At worst, you might fall off and hurt yourself. In this round up, I search through the personal finance Blogosphere and found some great posts about dealing with debt.

Zen [...]

Wealth Building Made REAL Simple

I want to build my wealth, but I found many personal finance books to be boring and intimidating. They usually go into great detail about setting your financial goals, budgeting, etc. — but they don’t tell you the big picture in a simple and concise way. As the most financially astute person in my family, [...]

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