18 Personal Finance Ratios You Should Know

personal-finance-ratios

Do you want to get a better sense of your financial health now? Personal financial ratios can give you a picture of your proper financial health and progress relative to your goals.  These benchmarks can help you develop better financial … Read More

What Is A Current Ratio And Why Does It Matters

analysis-of-current-ratio

Running out of cash can be a frightening experience. It is one thing when you are in a restaurant, and you leave your wallet at home. However, it can be quite stressful to realize you have a potential cash flow … Read More

10 Tips To Diversify Your Investment Portfolio

investment-portfolio

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”  Robert G. Allen When you have some savings, it is good to invest and allocate your money to work. Most importantly, … Read More

How Our Emotions May Lead To Irrational Money Decisions

emotions-and-money

“People do not buy goods and services. They buy relations, stories, and magic.” Seth Godin As consumers, emotions drive our decisions. Neuroscientists tell us that we make our decisions emotionally and intuitively nearly 95% of the time. The forces of … Read More

Coronavirus: Protect Your Finances And Your Future

protect-your-finances

“When we are no longer able to change a situation, we are challenged to change ourselves.” Viktor E. Frankl, Man’s Search For Meaning Our values are tested during a crisis. We have learned that we need to make certain changes … Read More

Why Unemployment Matters

why-unemployment-matters

This virus health pandemic now weighs heavily on our economy. Financial markets have been volatile. Leading economic indicators often signal that a downturn is approaching ahead of other cyclical changes. February monthly unemployment figures stood at a low 3.5% but … Read More

18 Tips To Pay Back Student Loans Faster

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You have probably been hiding under a rock if you haven’t heard a lot about the growing US student debt burden. These loans are a weight on those who carry these amounts early in their careers. For some, it may … Read More

Personal Finance Lessons In Classic Literature

A-couple-dressed-for-fancy-party

When you think of classic literature about money, you think of high society glamour, indulgent parties, and stories of the multigenerational wealth of families. What’s not to like?  We can learn personal finance lessons in classic literature. We find stories … Read More

Target Date Funds Pros And Cons

target-date-funds-pros-and-cons

We have a lot of choices when selecting investment vehicles for 529 Savings Plan, 401 K retirement accounts and investment accounts. Gaining In Popularity Increasingly, target date funds have become popular with investors. Their assets surpassed $1 trillion in 2017. … Read More

The Relationship Between Time, Money And Productivity

time-money-relationship

“Lost time is never found again.” Benjamin Franklin    “Time is money,” but they have differences in our minds. Asking someone, “How did you spend your time today?” is acceptable, while “How did you spend your money today?” is not. … Read More