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I was contacted by a casting company that is looking for people (individuals and families) to participate in a new reality series on personal finance. Since then I have spoken to the casting company and confirmed that this is a legitimate opportunity.
If you are interested, please read the casting flyer below and follow the directions [...]
As we countdown to the new year we should take some time now to reflect on our personal finances. We have collected some of the best articles from across the blogs that will inspire, help you plan and maybe just reaffirm some of the good personal finance management practices.
Being Responsible with Money
10 Money Mistakes to [...]
During the holiday season, we spend a lot of time looking for ways to spend money. Rarely do we think of savings during this Season of Giving. Don’t wait to till the New Year to start thinking of a savings resolution. Make an effort now, during the holidays, to save for your future.
I recently interviewed Craig Israelsen, a Personal and Family professor at Brigham Young University, and one of the authors of Your Nest Egg Game Plan: How to Get Your Finances Back on Track and Create a Lifetime Income Stream [Buy at Amazon]. One of the questions I asked him was this: In your experience, what [...]
You have heard that you should invest more aggressively when you are young, and become gradually more conservative as you age. Fund companies help with the conventional wisdom by creating target retirement date, or “lifecycle” funds. These funds shift the asset allocation from almost all stocks for younger workers to mostly bonds for older employee [...]
One of the things that can make you or break you financially is your skill at cash flow management. For the purposes of personal finances and individual wealth management, your cash flow is the way money moves through your own small financial system. It’s the way your income flows into your bank accounts and then [...]
While it’s possible to be successfully manage your finances without a plan, those who create an actual financial plan are more likely to prosper in their personal finance lives. And, while it is certainly possible to create your own financial plan, the fact of the matter is that it can help to have fresh eyes [...]
We’ve all been hearing about how terrible the recession has been, and that the specter of deflation is providing problems for a slowing economy. However, deflation may not be so bad if you are looking to make some purchases.
Deflation is a general decline in prices. It comes about when the supply of credit and money [...]
Carefully selected income investments can provide dependable and often growing stream of passive income that can supplement your regular income. This also helps reduce risk and volatility in your investment portfolio.
Teaching kids about money and savings is a very important part of their life-skills education. When it comes to finances, showing your children how to save — and encouraging the practice — is one of the best things you can do for them. It will help your child start down the lifelong path of financial independence. Here are some strategies you can use to teach your kids to save money.