Articles in the Personal Finance category
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Popular articles in Personal Finance
Posted in Consumerism, Personal Finance on 27 August 2007
How do you know if you are rich? We strive to become rich, but when do we know when we’ve actually reached that destination? I looked up the term rich on dictionary.com but the definitions were not much help. The best definition I found was this:
having wealth or great possessions; abundantly supplied with resources, means, [...]
Posted in Personal Finance, Pitfalls on 22 August 2007
One of the most expensive things everyone buys every five years are cars, second to a house. There are all sorts of websites out there where you can research cars before a purchase. Sites such as edmunds.com, kbb.com, and MSN autos all give a general picture of car features, initial quality and reliability, but [...]
Read the full story »Posted in Consumerism, Investing, Personal Finance on 10 August 2007
Many of us will go through many stages in life. If we work hard we’ll get raises, promotions, and increased business revenue. Getting a raise and making more money should increase your ability to save money and your ability to invest money. Ultimately, you should be able to invest more money and increase your wealth. [...]
Read the full story »Posted in Banking, Investing, Personal Finance on 30 July 2007
Last week, I finally got around to opening a Roth IRA. A few days went by before my first trade was confirmed as I had to move money over from my traditional bank account. The purchase finally went through on Friday July 26th, and the purchase was for $4000 worth of E-trade’s low cost S&P [...]
Read the full story »Posted in Investing, Personal Finance, Real Estate on 25 July 2007
There seems to be an ongoing debate lately about renting vs. owning a home. Of course, conventional wisdom, as well as my real estate agent brainwashing says that owning a home is the way to go. When you rent, you are throwing away money. Plus, homes appreciate and you’ll get rich by owning your own [...]
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