Pimp Your Finances

Forbes recently published their list of self-made billionaires, but more important than who is on the list is what they have in common.
I’m not saying that you should try to follow their path, as they’d certainly be considered outliers in the financial world. Instead, we can learn about their way of thinking, and apply it [...]

I read a thought-provoking article at CNN Money earlier today. It’s about a married couple – both 27 years old – who are aiming to be millionaires and retire by the time they’re 40. An admirable goal, to be sure.
But the weird thing is – they’re on track to do it.  How? They’re not using any secret [...]

I have a confession to make to all of you, and it won’t be pretty. It may even be worse than the time that Quagmire had to apologize to the nation.

My fellow Americans, I have not been entirely truthful with you. I did ga-googity that girl. I ga-schmoigedied her ga-flavety with my googus, and I am sorry.
OK, [...]

(The following is a guest post from Mike at the Oblivious Investor)
Want to know how to succeed at investing?
Stop trying.
No, I don’t mean that in some sort of New Age/philosophical way. I mean it quite literally.
Far too many investors waste time and money engaging in what history has shown (repeatedly) to be fruitless endeavors:

Timing the market
Picking [...]

Two weeks ago, I wrote about the 10 Financial Commandments for Your 20s.  Within a week, it become my most popular post.
Kiplinger’s Starting Out wrote the original list, and they just published the sequel – 10 Financial Commandments for Your 30s.
Just like I did with the last one, I’m going to share their list with my [...]

If you haven’t checked it out, Kiplinger has a great section for young adults called “Starting Out”.  They recently featured a list of 10 Financial Commandments for Your 20s.
Being 27 years old, I have experience in this area.  I want to share their list, and also some insights about how well I’ve followed their instructions.
 
1. Plan [...]

Bankrate.com recently published a list of 16 ways that real people grow their wealth.  Some are good ideas.  Others, not so much.  The key take away is that anybody can do these things.
Here is their list, along with my comments.  Their list is in bold, and my thoughts are underneath.
1. Grow your own food
While I’ll grant [...]

What sets “The Wealthy Barber” apart from other books is that it makes personal finance simple and approachable.  It’s a fictional tale, written from the point of Dave, a soon-to-be-father.  He is inspired to learn about money after realizing his wife is pregnant.
Confused about where to start, he approaches his father.  His dad sends him to [...]