Before I found out my wife was pregnant with my son, I was comfortable with my finances. I was saving a good percentage of my relatively small teacher’s salary. However, once I knew that I had a child on the way that I wanted to provide for, I instantly became worried that my teacher’s salary … Continue reading How Much Do I Need To Spend On My Child’s Education?
The proper investments for an individual vary based on his/her specific situation with many factors to consider in addition to those mentioned in the previous post, Investment Considerations. None of the recommendations here are taking into account your specific situation and should not be considered investment advice. Investing carries a large chance of losing money and … Continue reading Investment Recommendations
You set up your retirement account, but what investments should you invest in? This varies greatly with each individual, but here are a few things to consider. How long until you will be drawing money from the account? The amount of time before you will be using your money will change your risks. Over the … Continue reading Investment Considerations
Insurance often has an emotional aspect in the decision process so it is important to be careful of biases that may arise out of these emotions when picking your insurance. Insurance salesmen capitalize on people’s natural bias against loss to create fear in their customers. Insurance salesmen use this fear to convince people to buy … Continue reading Read This Before You Get Insurance
I spend a lot of my free time reading books and I listen to audiobooks almost anytime I’m doing mindless activities (yard-work, dishes, driving, etc…) This is a list of the books that have impacted my life the most and what I liked about them. Tony Robbins Books Tony Robbins taught me to … Continue reading Life Changing Books
When trying to spend less, the three most effective places to look are housing, transportation, food, and clothing. These are the places where people typically spend the most money so any savings will have a greater impact on your overall spending. It is important to keep sight of the overall picture when looking to spend … Continue reading Spending Less
The simple answer to making more money can be summarized by one quote. “You get paid for bringing value to the marketplace” -Jim Rohn