What is financial anxiety? The medical community defines it as “a psychosocial syndrome whereby individuals have an uneasy and unhealthy attitude toward engaging with and administering their personal finances in an effective way.” What is the difference between normal money worries and financial anxiety? What are the common signs of anxiety? Let’s have a look….
Are we in an index fund bubble? Should you stay the course and keep investing, or should you sell and look for better opportunities? As with most things there is no one size fits all answer. The markets are in a state of turmoil, so it is easy to see why one would think that…
What are the differences between the rich and the poor? Full disclosure; when we talk about rich and poor here, we are talking about finances. Arguments over quality of life and happiness won’t be touched on here. Definitions So, what is rich and what is poor? Here is an interesting definition of rich. By this…
Can you get cash back on a personal check? This was once a fairly common practice, but it has fallen by the wayside with the more common use of debit cards. However, if you still desire to use a personal check for shopping, and you want cash back on it, then you can still do…
I’ve recently been introduced to the concept of the 30K millionaire. Apparently, the concept has been around for several years, but I first heard of it about a month ago. So, what exactly is a 30K millionaire? I decided to do some research and share what I found with you. So, What Is a 30K…
Barcodes are everywhere. Almost everything that you buy either in a store or online will more than likely have a barcode printed somewhere on the packaging. Their primary function is to store information about a particular item for inventory tracking, accounting, and the point of sale. Barcodes have been around since 1973. The first…
Overview Are you looking for an investment outside of the stock market? Do you want to invest in start-up companies? If so, NextSeed could be for you. NextSeed is yet another crowdfunding site. They offer investments to non-accredited investors with a focus on retail, real estate, and restaurant businesses located primarily in Texas and California….
Wefunder is a crowdsourcing site that links investors with startup businesses. There are a multitude of investment types and nearly endless startups (over 340 as of this update) to invest in. But can you make money from Wefunder? The answer put simply is yes. The more complex answer is it depends on the type of…
Understanding the rule of 72 can help you figure out if an investment is worth putting your money in. It can also help you build wealth by comparing various investments. What is the rule of 72? Simply, it is a formula that will tell you how long it will take to double your money at…
It’s been a few months since I’ve done a personal update. I do have some big financial news to report. We’ll get to that in a bit. It’s hard to believe that summer is over. Today is actually the first day of fall. The nights are getting chilly, and the leaves on the trees are…