Personal Finance Advice

I’m a big believer in lifelong education. I don’t think you need to stop learning just because you got a diploma. I encourage people to learn about finance because it’s not something that many people learn in their first pass through school. You may take an economics course in college that focuses on theory, but [...]

In this economy a lot of people are returning to the workforce after having stayed at home for several years. Maybe you stayed home to care for children or elderly parents, or simply because you had enough income or savings to do so. Unfortunately, the longer you are out of the workforce, the more difficult [...]

I was scheduled to have coffee with someone tomorrow but he had to reschedule because he has a telephone interview. I am always happy to reschedule a meeting because another person has an interview or an opportunity to meet with a client. I really believe that every person who finds a new job or a [...]

Recently, a twelve year old New Jersey Little League pitcher pitched a perfect game. For those of you who are not baseball fans, a perfect game occurs when a pitcher retires every batter in a game, without any of them reaching base. It is one of the rarest feats in baseball and it is a [...]

Consider that, according to the Bureau of Labor Statistics, in the 20 years from 1985 to 2005 energy costs have risen 108%, Medical costs 251%, and college costs increased 439% — but a college degree is worth it, right? Not necessarily. While having a college degree does open doors, and increase the odds of earning [...]

It seems like every personal finance magazine I read reinforces the idea that our children are entitled to a college education. Beyond that – it’s the parent’s sole financial responsibility to provide a college education free and clear for their children. Don’t get me wrong, every parent would like their child to have a college [...]

An investment in knowledge pays the best interest. – Benjamin Franklin The secret is a simple one: Education. I’m not talking about going to Harvard or some elite university. I’m not even talking about a Masters or a PhD degree. I’m talking about fiscal education. The rich are rich because they know how to manage [...]

The Wizard of Oz was a big deal when I was a kid. It only played on television once a year, and I made sure I didn’t miss it. Of course I didn’t realize it at the time, but this movie provides young viewers with solid examples of adult finances in terms a kid can [...]

I’m sure you have heard that there is a difference between “good debt” and “bad debt.” Bad debt is usually associated with credit cards, car loans, and other debts that aren’t secured by something that is growing in value. However, the term “good debt” is often given to such debt as mortgages and student loan [...]

There seems to be a disconnect between those who read personal finance blogs, magazines, and websites like SavingAdvice.com and those who need to read them. Most people who read about personal finance already care about their finances. But the people who need to read about finance, who are in the most trouble, don’t. So the [...]