a few small financial wins

A Few Small Financial Wins

I recently had a few small financial wins. These are minor in the grand scheme of things, but I like when I have these small wins along the way to larger goals. Small wins can keep you motivated, and it feels good to have things go your way from a financial … [Read More...]

Investing

warren buffett

Make Better Investments Using Corporate Finance

To be a successful investor, you have to know what your stock positions are worth. I'm not referring to simple metrics like the current stock price or market capitalization.  I'm talking about the actual value of a firm using concepts and fundamentals found in … [Read More...]

Infographics

permanent life insurance

The American Dream – Midweek Infographic

As Americans, we're used to a much higher standard of living than the rest of the world. By the age of 30, many of us expect to graduate from college, buy a car, get married and then buy a house with our new bride. Everybody should strive and hopefully achieve … [Read More...]

How Do You Determine Your Net Worth?

Do You Know Your Net Worth? Here’s How to Figure It Out

When you see information about net worth, it’s usually focused on celebrities. But everyone has a net worth, even if you don’t have millions of dollars to your name. Your net worth is a reflection of what you own in assets minus any debts. A positive net … [Read More]

This piggy went to financial independence!

What is Financial Independence, Anyway?

Financial independence is a phrase that gets tossed around a lot in the personal finance world. Many people aren’t entirely sure what it means. This is especially true because the definition of the term can vary.  This alone just adds to the confusion. To … [Read More]

By Eva Rinaldi [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons

Jackie Chan’s Net Worth: This is How Much Money He Makes

Most Americans have heard of Jackie Chan. But did you know he’s worth a bundle? Well, it’s true! Jackie Chan’s net worth is something to behold! The Hong Kong-born movie star has been a part of the movie industry for nearly 60 years. Plus, he has over 200 … [Read More]

Borrow against 403(b) or other retirement plans at your own peril.

Should You Borrow Against 403(b) Plans — or Any Other Retirement Accounts?

You can borrow against 403(b), 457(b), 401(k) or a Roth IRA plans -- if the plan sponsor allows it  -- but only the solo 401(k) lets you do so without having to pay a penalty. … [Read More]

How To Become Independently Wealthy

In another article, we discussed how to build wealth, and while we gave several reasons, it is still true that one option holds true over all others. Starting a Business The number one way to become independently wealthy is to start your own business. … [Read More]

Why You Need a Personal Investment Plan – Right Now

There are several reasons to start a personal investment plan, ASAP. The bottom line is that if you are spending everything you save, then you work is not leading you in the right direction. Eventually, you will want all of your income to be from your … [Read More]