No matter how much you earn, no matter how disciplined you think you are with money, there’s always room for improving your personal finances. You simply cannot anticipate every major expense in your future, and once you’ve spent money, it’s gone forever. On that note, here are the seven essentialContinue Reading

If you’ve been saving money all your life, you’re probably thinking, “There’s no way I’m losing money – I’m making money!” Maybe you’re managing to gradually grow your total savings, but if you’re like most Americans, you’re actually losing money left and right. First, you are losing buying power dueContinue Reading

So far, the tax code has been a major talking point in the 2016 presidential race, and for good reason. Taxes are both the biggest destroyers and creators of wealth. Rare is the American citizen who does not want more wealth, so many are looking to change the tax codeContinue Reading

For most Americans, the ubiquitous 401(k) is their primary retirement savings account. It is pedaled, pushed and promoted heavily by employers, and it has become widely accepted as the standard way for employees to save for retirement. But when you peel back the hype and the slick marketing, what youContinue Reading

When most Americans think about building wealth, they focus primarily on saving – as much money as possible. They dump much of this money into the financial markets (stocks, bonds, mutual funds and other actively managed investment products) and then watch with bated breath, hoping for a strong return onContinue Reading

When you put your hard-earned money into Wall Street, guess what Wall Street does with your money? It goes directly into high-risk, unpredictable investments, managed by professional fund managers who are essentially having fun gambling with your money. Wall Street has benefitted handsomely from an enormous cash infusion in recentContinue Reading