Isn’t it annoying when you’re trying to make a decision but the opinions of others keep pulling you in opposite directions? Yep, it’s annoying. That’s how it is when you think about investing while in debt. One side of the fence is telling you how horrible of an idea it is. The other side is telling you that you’re jeopardizing your future by not doing
3 Lessons Learned From Shark Tank
Ever since I’ve gotten back into watching TV Shark Tank has quickly become my absolute favorite show. Unlike some other shows regarding money (*cough* Extreme Cheapskates) Shark Tank offers more than just pure entertainment value, there are actually real life lessons to be learned. The same set of lessons apply to two different topics: investing and starting a business. What more could you ask for?!
Why You Should Invest in Yourself
In the personal finance world we talk about investing money a lot. But it’s just as important that you invest in yourself. When you neglect your largest asset (you) your family, career, health, and overall quality of life suffer. You need to continually spend time on yourself so that you can be the best version of you. Here are four ways you can invest in
5 Ways to Find Money to Invest
Investing is something a lot of people want to do but feel they don’t have the money for. The good news is even if you’re living on a tight budget there are ways you can find money to invest. And once you make your first investment you’ll be hooked. I mean, who doesn’t like watching their money grow? If you’ve never invested before here are
How I’m Diversifying My Income This Year
How much do you think about diversifying your income? Have you ever tried it? According to this article from Budgets are Sexy, a guy by the name of Whiskeytrail is trying to add a new income stream for every month of the year. Now that’s diversity! As I read through the post and comments I could only think about how important it really is to
The Top 5 Most Controversial Investments
Are there certain types of investments you refuse to make? When it comes to investing your options are wide open. You can find a stock in just about every field there is. But there are some investments that seem to be a little more controversial than others. Here are the top five most controversial investments. Firearms & Related Stocks Gun violence has led firearms and
Why Thinking Long Term is Hard (And Why You Should Do it Anyway)
Save for you future. Invest ten percent of your income. Open up a Roth IRA. It goes in one ear and out the other. I should know. The long term mentality has only kicked in with me over the past couple of years. As some of my close family members near retirement age I cringe. Without any savings to fall back on retirement is going
Investing Lessons from “The Wolf on Wall Street”
Raise your hand if you’ve seen the movie The Wolf on Wall Street. Now, raise your hand if you thought it sucked. Really, I’m the only one?! The Wolf on Wall Street is based on the real life accounts of Jordan Belfort. Belfort was a con-artist stock broker who made millions of dollars by selling penny stocks to his clients. He promised riches to unsuspecting
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
Financial Advantages of Being Single
There are many advantages of having joint finances with your spouse: additional income and financial security being a couple of the most important. However, now that I have been on both sides of the fence I’d say there are just as many financial advantages of being single. Here are some of the biggest financial advantages of being on your own. Control Over the Budget When