Glad you asked that question. Talking about averages is always tricky when you are talking about lumpy numbers. The average stock market return is the percentage change in the stock market value over one year or a period of years. … Read More
When envisioning wealth, do you see images of private jets, Rolex watches, lavish parties, extra chilled martinis, and private schools for toddlers in branded clothes? That may be, but this post is about practicing stealth wealth for those who wish … Read More
When you envision generational wealth, do you see images of private jets, lavish parties, extra chilled martinis, and designer clothes for toddlers come into view? That may be, but this post is not about those already wealthy. It’s about people … Read More
Real estate investing can be pretty lucrative, generating high returns but make sure you understand the risks. Before I began investing in stocks, I enjoyed the romantic aspects of real estate. My parents would pick me up to watch the … Read More
Have your kids ever used your credit card without permission? According to a LendingTree study, roughly half (52%) of parents let one of their kids borrow their credit cards to let them buy something online. 29% of parents with children … Read More
Universal basic income, or UBI, is a modern-day concept under which the government distributes cash payments to all. This concept has been around since Thomas More proposed a basic income to everyone in Utopia, written nearly 500 years. Once a … Read More
Lifestyle inflation happens when our income rises, we increase our spending. Like a balloon that gets larger, we tend to spend our expanding pocketful of extra dollars. When we get our first job after college, we begin to earn money, … Read More
“The question isn’t who’s going to let me; it’s who’s going to stop me.” Ayn Rand “Everyone has inside of her a piece of good news. The good news is that you don’t know how great you can be!” … Read More
“Money is of no value; it cannot spend itself. All depends on the skill of the spender.” Ralph Waldo Emerson “Whoever said money can’t buy happiness simply didn’t know where to go shopping.” Gertrude Stein Money Can Buy … Read More
Do you really need a credit card? Most people believe so. I have had a love-hate relationship with credit cards, admittedly using cash and alternatives more often than most people I know. Credit cards can be a valuable tool, allowing … Read More
We all have biases–cognitive and emotional– that may cloud our judgment when making day-to-day decisions, especially about our finances. We often depend on our intuition, but sometimes we are unaware of how our gut feeling may be faulty. These biases … Read More