Renting Out A Primary Residence Can Be A Terrible Idea

When my wife and I were in the process of selling our house in order to move into another house that was closer to work, I had more than one person tell me that we should rent out the house.  When…

What to Do With a Raise: The 1% Method

What to Do With a Raise: The 1% Method

Around this time of year, people start talking about raises at work. I wonder what our increases will be this year and Do you think it’ll be the same as last year? are phrases that you hear people pondering out loud.…

What 5 Money Pros Are Doing With Their Tax Refund

We sure are getting close to April 18th! If you read Dealing with Financial Stress, you’ll know that I won’t be one of the roughly 80 percent of Americans who receive a tax refund.  On average, those who receive refunds…

Love Thy Money

Love Thy Money

I’m just going to come out and say it: I’ve got a fascination with money. Always have. Even before I understood that some people use money as a way to gain power or that others use it as a way…

The F Word

The F Word

No, not that F-word.  I’m talking about fear.  Fear of missing out.  Fear of losing money.  Fear of investing in stocks, real estate, or a business. The type of fear that the phrase “past performance does not guarantee future results” creates.  That type…

Dealing With Financial Stress

Dealing With Financial Stress

I doubt there is a single person on earth who hasn’t experienced a little bit of financial stress.  Perhaps saying a little isn’t giving enough credit.  We’ve all experienced a lot of money stress at some point in our lives.  Each and…

Stop Whining About Your Lousy Job and Leverage It 

My fellow Millennials love to whine about employment.  They whine about not having a job and then they whine about their job and its low pay.  We’re just a bunch of entitled little brats.  We just expect a job out…

Financial Advice That Lasts

Good advice withstands the test of time.  It will hold true now and in 200 years.  This also applies to advice on money and finance.  Markets change, recessions come and go, and so do companies.  Needless to say, it takes…

Stop Slacking and Create an ETF Portfolio (with Infographic)

In Phase 7: Save Outside Retirement Accounts, we talked about investing through the use of a taxable investment account. In that article, I strongly advocated for a low-cost, automatically-balancing mutual fund, like Vanguard’s LifeCycle funds. I’ve been hiding something though: there…

The Stealthy Wealthy and Millionaire Imposters

There is a secret class of people hiding in plain-sight.  The stealthy wealthy.  The stealthy wealthy are the high net-worth individuals that would never let you know about it.  They choose to drive a Camry over a Porsche.  They are probably–though…