You might be a shopaholic and not even realize it. Just because you don’t have a house piled up to the ceiling with junk doesn’t mean you don’t have a shopping disorder that affects your life to the point you need help. In fact, there are probably a lot more shopaholics out there than you […]
Financial Bondage
Scarcity Never Works
Have you listened to some of the money advice from some of the financial gurus out there? There is a lot of money advice being put forth from a growing number of financial teachers, writers, “gurus”, etc. about everything from stocks and bonds, to frugality, green investing, couponing, and any number of niches. It’s everywhere. When […]
7 Huge Credit Card Lies You’re Telling Yourself
Using credit cards to fund your life is not something I recommend. But like so many, you may believe the credit card lies disguised as truth, keeping you in perpetual debt and struggling financially. Personally, I think credit cards are not a necessity like so many others do. I’ll get to that later in this […]
The Miracle (or Curse) of Compound Interest
Most of us have probably at least heard of the term “compound interest” at one time or another. Usually it’s attached to the idea of investing money and watching it grow over time, building upon itself to get an exponential return. Compound interest is a great concept that will make you much richer over time […]
Is There Really Such a Thing as Good Debt?
Over the years I’ve read a lot of books about personal finance, business, and investing. And many of them have one thing in common: They encourage you to use debt to leverage the little money you have in order to make more. They call this good debt . You’ve seen those not annoying at all […]
Is It Wise to Loan Money to Family and Friends?
Have you ever decided to loan money to a friend or family member? I’m not talking about the little $5 “I need to buy some lunch” loan here. I’m talking about the “I’m behind on my bills”, “My car just died”, or “My cat needs an operation” loan for hundreds or thousands of dollars. If […]
