Just as I like my regular income to be, I also want my retirement income to be diversified. You’ve heard the saying a hundred times – “don’t pull all your eggs in one basket.” And, there’s a good reason why: when you spread your income sources across various avenues you won’t be hurt if one source takes a turn for the worse. Here are six
The Past Year’s Activity From the Richest People on the Planet
(We have a guest article today by Shelby Nousain of InvestingTips360) Forbes Magazine recently released their 2014 list of Billionaires which chronicles the past year’s activity from the richest people on the planet. As always, the facts & figures never fail to shock and awe the working class of the world. There are now an astounding 1,645 Billionaires in the world worth a total of $6.4 Trillion,
Link Love 4/4/14
I hope you all had a good week. If you need some weekend reading here are some of my favorite posts from the week: How Does the Average American Spend Their Money @Saving with Saving It’s Time to Cut the Cord @Dinks Finance Working Out on a Budget @See Debt Run Benefits of a Home Business: Low, Low Cost @Planting Money Seeds Conventional Personal Finance
How Much Should You Save for Your Kid’s College Education?
Monday we talked about some of the basic expenses of having children. One of the costs we didn’t talk about though was paying for your kid’s college education. I don’t believe parents should always be responsible for paying for their kid’s education. It’s a personal decision. I’ve seen children who get a free ride through school (provided via their parents) who change their majors like
Link Love 3/28/14
Happy Friday! I seem to be having some computer issues again! (ugh) Between my laptop, which is less than a year old, and my internet it’s been taking around 5 minutes to log onto a single page on the internet. I’m getting so frustrated. This is the second computer I’ve purchased within the last two years. I need some help. Please, if you have a
3 Mindsets That are Killing Your Personal Finances
As I sit here looking at the computer screen I draw a blank “what do I want to write about tonight” I think. Nothing seems like a good choice. But I tell myself I should get started anyway. After all, the blog post won’t write itself. I’ve got it in my head that if I type the first few words the rest will come. And
The Top 3 Fears of New Investors
Investing my money in the stock market is something I’ve had on my “to-do” list for years but just recently accomplished. I always made excuses as to why I couldn’t invest: I didn’t have enough money. I didn’t want to lose all of my money. I didn’t know how to get started. Truthfully, I found any excuse I could to keep from getting started. Since I’ve
Link Love 3/21/14
Who’s happy that spring is finally here? I know I am. The weather has actually started to improve over the past few days and my case of cabin fever is starting to subside. I can’t wait to get out of the house this weekend!! It’s gonna be around 5o degrees which should feel like a heat wave compared to what we’re used to. In honor
Pharmacy School Can Be a Financial Nightmare
This article is written by John Quan a pharmacist in San Jose, CA. Students looking to go into pharmacy school might get a nice surprise when they find out how much it costs. Pharmacy school is much lengthier than most traditional degrees. The average degree in pharmacy could cost more than $100,000. What is worse is that most people don’t tell you that when you
Four Fabricated Facts about the IRS
Myths regarding the IRS run the gamut. From the anal-retentive auditor showing up on your porch to the dreaded “don’t ask, don’t tell” approach, it can get quite difficult differentiating the facts from fiction. Rather than getting lost in the delusions, take a moment to get your facts straight. Fiction: All auditors are accountants by trade Fact: A commonly held misconception is that all auditors