Apr
23
7 Money Saving Tips
April 23, 2009 | 2 Comments
Someone once said that 9 out of 10 people have to work insanely hard to get wealthy, while the other guy got lucky. Here are some simple ideas that will help you make your own luck and get you on the road to wealth. It doesn't happen overnight for everyone. Slow and steady wins the [...]
Apr
15
Keeping Teens Financially Safe
April 15, 2009 | Leave a Comment
MSN money has an interesting article about how to guide teens toward financial safety. As they point out, teens can sign themselves up for all kinds of debt, even before they are able to legally drink. They can spend their whole lives trying to pay off student loans for instance.
It's a bit of a hot [...]
Jan
16
What Prosper.com Taught Me About Risk
January 16, 2009 | Leave a Comment
In 2007 I started investing with Prosper.com. Prosper is a peer to peer lending website. I thought I was investing cautiously, only choosing to loan to people with good or very good credit (A & AA). Boy was I wrong. I learned some valuable lessons about risk and predicting the future.
With Prosper, like all my [...]
Apr
22
Why Is Debt No Longer a Bad Thing?
April 22, 2008 | 1 Comment
I am not a fan of debt. Most of the good financial gurus will tell you to pay off your debt. Debt is a tool to use when there are no other options. Unfortunately, I think the attitude toward debt has changed for the worse.
The Debt Industry
There is a debt industry in [...]