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 [...]
Posts Tagged as ‘Money 101’
April 10, 2009
How to Supercharge Your Savings
Much of the personal finance advice out there can be summed up in 3 words: Save more money. While the road to riches isn’t really that simple, saving money is a good place to start. That said, saving money involves a lot more decisions than you would think. Just for you, I’m going to tackle [...]
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 17, 2009
Beating the Tax Man in 4 Steps
“Yesterday the IRS announced that obese Americans are entitled to certain tax breaks. Apparently, under the new rules, you’re allowed to claim two or more chins as dependents.” —Conan O’Brien Taxes suck. Nonetheless, if you know the basics and make smart decisions, you can avoid handing over your hard earned dough to the Tax Man. [...]
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 [...]
February 3, 2009
Credit Card Basics – Top 4
1. Don’t carry a credit card balance! Weird advice, I realize, considering the whole idea of credit is the joy of spending money you don’t have. That said, paying 18% interest to a credit card company is pretty similar to throwing your cash out the window. I recommend getting a credit card because they are [...]
