money

Buy or Rent a Home: Which Option Really Makes You Richer?

Buy or Rent a Home: Which Option Really Makes You Richer?

Buying a home can be a great financial move, but there’s no guarantee that you’ll always come out ahead. Renting can also be a smart way to build wealth, if you follow a few guidelines. Source: Buy or Rent a Home: Which Option Really Makes You...

3 Frugal Living Tips for College Students

3 Frugal Living Tips for College Students

If you are a student looking to live on the cheaper side of things, here are a few tips to get you started on living a frugal life. Source: 3 Frugal Living Tips for College...

18 useful financial rules of thumb

18 useful financial rules of thumb

Financial rules of thumb provide helpful shortcuts for making quick calculations and decisions. Source: 18 useful financial rules of thumb ~ Get Rich...

How to Avoid These 7 Mistakes to Meet Your Retirement Goals

How to Avoid These 7 Mistakes to Meet Your Retirement Goals

Preparing for your retirement may not always feel like the most important thing on your mind. Far from it in fact.  But you probably don’t want to try living on Social Security alone in your golden years either. Source: How to Avoid These 7 Mistakes to Meet Your...

Saving rate: The most important number in personal finance

Saving rate: The most important number in personal finance

In personal finance, “profit” is typically called “savings”. That’s too bad. When people hear about savings, their eyes glaze over and their brains turn to mush. Bor-ing! But if you talk about profit instead, people get jazzed: “Of course, I want to earn a profit! Who...

10 Strategies to Reduce Money Stress and Improve Finances

10 Strategies to Reduce Money Stress and Improve Finances

But what’s surprising is that you can feel anxious about your financial situation, no matter how much you make. Oftentimes, having more money just causes you to inflate your lifestyle in a way that doesn’t reduce stress or bring you more long-term happiness. Source:...

Why you should run your life like a business

Why you should run your life like a business

To measure the value of a business, companies talk about equity or “book value”. In personal finance, equity is known as net worth. It’s exactly the same thing but on a personal level. Your net worth is an important number because it reveals how much the business of...

12 Credit Myths and Truths You Should Know

12 Credit Myths and Truths You Should Know

Building and maintaining great credit is an important part of your financial life. But there are loads of myths and misunderstandings about credit that can hurt your wallet. Source: 12 Credit Myths and Truths You Should...