Many people, including financial professionals, believe that the only way to build your credit is by going into debt.  This is simply not true.  It is not necessary for an 18 year old man or woman to open up a credit card in order to build his or her credit.  There is no need to simply [...]

Lie:  Credit cards are a good financial tool and they will help you to build prosperity.
Truth:  In the end, credit cards only make the banks rich, and they make you poor.
The credit card epidemic probably started in the 1980’s and it is has run so rampant that dogs and dead people receive credit card applications [...]

The foundation of developing good financial habits as a college graduate or recent graduate is creating solid budgeting skills.  Budgeting is not an art, it is a skill that is taught by practicing over and over again.  You do not need a degree in finance to create and maintain a budget.  Follow these simple steps [...]

It’s that time of year again!  Everybody get excited, because it’s tax time!  Okay, there’s really no way to excite you about it, unless you know that you’re getting a tax return.  But even then, all you did was give the government an interest free loan for the year. 
There is a great article in Kiplinger’s [...]

Motley Fool gains my respect more and more every time I read an article from their website.  They are wise when it comes to investment.  They are even more wise when it comes to saving for retirement.  This article
is a must read for twenty-somethings.  The columnist outlines the secret behind retiring early.  This secret is [...]

Personal finance is not always about the numbers.  So many people, including financial professionals, get wrapped up in crunching the numbers to make a financial decision.  However, personal past decisions and perspectives from other financial professionals have made me realize that personal finance is mostly behavior.  If you can change your behaviors, you WILL become [...]

Everyone talks about the real estate bubble like it is a real, living human being.  They talk about it like this “bubble” has a mind of its own.  When I look at the statistics, it looks like things are not going to “pop”, they are just going to settle down.  Here are some statistics to [...]

Financial periodicals and magazines love to run articles that try to diagnose a family’s financial problems.  They will start off by listing the assets and liabilities of the family, and then they turn to a certified financial planner (that sounds so official when you read it) to remedy the situation.  The problem is that they [...]

This was a headline of a USA Today article a few days ago.  I first read the headline and it disturbed me greatly.  I always thought that it might be true, but never saw the hard numbers.  The real estate boom has fueled the notion that anyone and everyone can own a house and it’s [...]