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 [...]
Posts Tagged as ‘Saving’
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 [...]
April 4, 2009
How (Not) to Spend Your Way to Happiness
As the recession continues and more and more people look for ways to cut back, being aware of (and cutting out) excess lifestyle inflation can be the easiest way to cut back expenses (sometimes dramatically) while getting more pleasure out of your purchases. What is Lifestyle Inflation? “Lifestyle inflation…is when you have more money and [...]
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 [...]