Personal Finance Advice

Whether it is for a birthday, Christmas or any other gift giving event, there are a lot of great money management and personal finance educational gifts that you can purchase. Everyone knows that kids love money, but often they don’t learn how money management and personal finance works. By giving a gift that can help [...]

One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finances. If we could get more students to graduate from high school with a basic understanding of how personal finances [...]

In the wake of the post-Christmas sale frenzy, I found myself wondering, “Why is it that people will beat each other senseless to save 75% on wrapping paper and cards, but they won’t take advantage of the biggest sale of all: A down stock market?” Back when the market was tanking in 2008 and 2009, [...]

Dave Kansas of the Wall Street Journal has what I like to see in a capitalist economy: optimism. Talking about the year ahead, he described the stock market as looking “to the future, rather than the past.” Isn’t that exactly what we should do with our money? We save for the future, we plan for [...]

I’m a big fan of index funds because, quite frankly, I don’t know much about investing and I would rather spend my time doing other things than learning how to invest in individual companies. Warren Buffett agrees with me on this as his response to a question at the Berkshire Hathaway annual shareholder meeting: “If [...]