Nearly A Quarter of Fidelity’s 401(k) Accounts Have Loans Against Them. Why This Is A Bad Idea.

September 9, 2010
401k Loans - Are They A Good Idea?

A while back I wrote an article about 401k loans and taking early withdrawals from your retirement account.  I talked about the penalties you could face, and explained why I think it’s a bad idea. This week I was reading some economic news and came upon an article on Reuters.com that gives a startling statistic [...]

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3 Financial Principles You Can Depend On!

September 8, 2010
3 Financial Principles You Can Depend On

I‘ve been writing about finance for some time now, and in all my research 3 principles stand out as the most important. You’ve heard these before; the problem is most people don’t take them to heart. If you follow these straightforward rules of thumb, you’re almost guaranteed to become wealthy. Let’s start with the one [...]

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Get Motivated To Reach Your Financial Goals – And Motivate Others!

September 7, 2010
Get Motivated To Reach Your Goals

Every once in a while it’s easy to get into a funk with our finances. We get out of our groove, we mess up our rhythm, we slack off.  What I mean is that it’s easy to slip back into bad habits like getting into debt, or seemingly forgetting how to save money or just [...]

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How I Keep Track Of Blog Income And Expenses And Why It’s Important

September 3, 2010
Track Your Blog Income And Expenses

A while back I wrote pretty extensively about how I had taken my small insignificant personal finance blog, and turned it into an income producing asset for my family. By writing about the right topics, performing the right types of promotion, performing SEO for the site and networking with the right people, I was able [...]

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5 Things About Money I Wish I Would Have Known When I Was Younger

September 2, 2010
5 Things About Money

Sam Ewing, who used to play baseball for the Chicago White Sox, once said, “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” Many of us may feel that we can never quite catch up with our money, but one thing is [...]

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