You may have heard the quote, “If you’re the smartest person in the room, you better find another room.” I completely agree with this concept. If you are the smartest one in the room, there’s no way to push or stretch yourself. Also, it removes some humility, which is essentialContinue Reading
In the summer of 2009, I read a financial news story that I won’t soon forget. It was about a woman who lost $1 million overnight. The unforgettable part of the story is not so much that she lost the money, but rather how she lost it. As a gestureContinue Reading
Traditional Retirement Policies Aren’t Water-Tight Up the canyon in Ogden, Utah is a beautiful lake called Pineview Reservoir. One of our family’s favorite activities during the summer is to take the boat up in the evening for fun-filled activities like wakeboarding, tubing, and fishing. This has created some great familyContinue Reading
The common opinion of most Americans when it comes to whether FDIC insurance, if they ever think about the FDIC, is that it provides guaranteed security. One specific example came from my own son as I was writing this article. He said he was told in his high school’s academyContinue Reading
You may have just read that title and thought, “What? Who shouldn’t be happy when they get money in the mail?” The answer is simple – the person who overpaid for a product (your taxes) in the first place! Here are 3 reasons why you should think twice about beingContinue Reading
Putting your money in Wall Street is gamble. Yes, gambling can pay off, but there’s always a considerable risk. When you rely on Wall Street and invest your money, professional fund managers will place it directly into high-risk, unpredictable investments. The fact is, Wall Street has benefitted greatly from aContinue Reading
When it comes to retirement nest eggs, there are two things that potential retirees hope to achieve. First, you’ve worked for decades and deserve a chance to stretch your legs and live comfortably off the gained income and investments you’ve built. Second, you want to leave something to your lovedContinue Reading
Financial freedom is a tough goal, especially if you have children and loved ones asking to borrow money at every turn. However, independence from the stress of living paycheck to paycheck is easier than one might think. It all starts with small changes that can be done right away. TheseContinue Reading
Let’s face it, managing your money isn’t always fun. For most of us, it’s a necessary evil. You may use pen and paper, a checkbook, or excel to manage your money, but there is an easier approach when it comes to your finances. There are a ton of apps toContinue Reading
If you’ve mustered the courage and done the research to start your own business, pat yourself on the back. However, if you decide to jump in head first without doing research or taking the right steps, you may regret the decision before it even gets off the ground. But fearContinue Reading