persistence

The key to getting out of debt for good is to have a positive cash flow and stop digging yourself deeper into debt. If you follow my previous step to earn more and spend less, you should have, or are on your way toward a positive cash flow at this point. The third step in [...]

In this Ask The Expert With Larry Swedroe article, Zapp challenges the legitimacy of Modern Portfolio Theory citing Warren Buffett as a rule breaker.  So which is it, Modern Portfolio Theory or Warren Buffett? Here’s the question from Zapp:

Other than by taking the self-denigrating stance: “I am not an above average investor”, how can a [...]

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 getting rich [...]

Welcome to the “Money Saving Hacks” edition of Money Hacks Carnival. We have over 60 submissions this week, so this is a fairly long carnival. Let’s start off with the editor’s picks, and don’t forget to check out money saving tips.

Photo by bitzcelt via flickr
Editor’s Picks

Smart Moves To Lower Your Health Care Costs posted at [...]

Some people views anything related to alternative income streams (aka, making money) as scammy, a waste of time, or taking too much effort. Some give alternative income building a try and give up shortly after, because it takes too much time and effort for the minuscule initial results. Why should you bother working on something [...]

Last week DebtKid, shared his dumbest purchase and offered his Nintendo DS Lite as a contest prize to one lucky winner. Everyone who shares their story has a chance to win the Nintendo DS Lite. Well, I am going to join in for the opportunity to win this little gadget. But more importantly, it’s a [...]

Not long ago, I participated in a conversation on NetworthIQ: “Struggling with breaking the first million mark“. The question posed was about mental focus and persistence needed to get to that magical $1 million mark. However, it got me thinking about the mathematical aspect of it.

As you can see from the chart, if a person [...]

The other day I was watching the news and saw that Tiger Woods just won his 13th major title — that is nothing short of phenomenal. Then my mind drifted back to personal finance issues and it dawned on me that mastering golf is similar to mastering the art of investing. Here are my thoughts.

Goal: [...]