10. Learn Delayed Gratification In our world of instant everything, patience is a lost virtue. When desire for instant gratification meets money, we end up buying storage units full of things we do not need or really enjoy. At the least, learning to delay gratification will leave you with a…
With all this down time during quarantine I have seen many pictures of people completing epic puzzles. Whether you have never completed a puzzle before or you are a veteran, think through this with me. Imagine you are sitting at an empty table with a 10,000-piece puzzle in your lap.…
There are many studies and debates in academia on if college has value, how much the value is, and whether the value comes from learning or from the piece of paper you get at graduation. There are so many factors and assumptions involved that even if you can determine a…
We are completely saturated with noise. The average American adult spends over 11 hours per day watching, reading, listening to, or interacting with media according to a 2018 Nielson study. If you have ever disconnected for at least a few days, then you probably realize how much of an impact…
How much money will you need for retirement? This amount is important because it will give you a target to base your monthly savings and investment allocation on. Here are a few steps that will help you get a rough idea of how much you will need for retirement. Determine…
If you live in the same world I do, you are probably bombarded with advice. From your family, friends, neighbors, co-workers, uber drivers, podcast hosts, news reporters, etc. Everyone is smarter than you, wiser than you, and knows more about money, parenting, relationships, and life than you. Or so they…
It seems like complaining has replaced Baseball as America's Pastime. Whether it is politics, the economy, the restaurant we ate at last night, or the person who took our parking spot, there is always something or someone to complain about. In the past you could only complain to people in…
It doesn't matter if a boxer has great stamina and knockout power if he has a glass jaw. One well aimed punch and the lights go out and that power and stamina mean nothing. In the same way, it doesn't matter how great your income or investments are if you…
According to the 2019 National Study of Millionaires by Ramsey Solutions 8 out of 10 millionaires used company 401(k) plans to build their wealth. Many Americans already have access to a 401(k) through their employer which can make it a great option for getting started with investing. So, what is…
My last car was 12 years old, had 160k+ miles on it, had dents, hail damage, murky lights, and an ugly cheap interior. It shook when it idled, it made lots of noises, and the hub caps were hideous. When someone dented the door in a parking lot, I could…