Entries Tagged as ‘Financial Mistakes’

September 15, 2009

Should I Enroll in My Company’s 401(k) Plan?

YES. (Note to readers: I considered writing an entire article on the nuances of why young professionals do and don’t take advantage of company 401(k) retirement plans and why you should contribute to one. I read a lot of whiny articles and blog posts about confusing paperwork and not having “extra” money to put toward [...]

April 12, 2009

How (and why) to Find a Great Financial Advisor

I know what you’re thinking, “I’m 25. I don’t need a financial advisor. I need a hot new boy/girlfriend and maybe a new car.”  While all of the above sound great, I’m going to argue in favor of the financial advisor. Here’s a quick rundown on why you might want one, what a financial advisor [...]

March 31, 2009

The 3 Stupidest Ways to “Save” Money

By now you’ve probably figured out that I’m completely in favor of 20somethings saving more money,  (Compound interest anyone? Small amounts saved today -i.e.  fewer meal at restaurants- turn into big amounts later on in life -i.e. more tropical vacations ).  That said, there are good and bad ways of doing so. Here is my [...]

March 8, 2009

If You Do Nothing Else…Follow this #1, Best, Most Important Money Tip Out There

Are you ready for this? Are you sure? The one thing financial gurus, blogs, talk show hosts, authors and billionaires all agree is the most important step to being financially independent  (and certainly to being rich). If you do this for 2 months you will blow yourself away. Here it is……….. TRACK EVERY DOLLAR YOU [...]