You need to play smart economic offense (increased earnings) and smart defense (how you spend or don't spend that money). This is wisdom from the best seller: The Millionaire Next Door.
You are told to 'live within your means'. But what does that mean?
Then, spend less than what is left over. Only the above will give you are realistic feel for, and a foundation to, build a strong personal financial plan.
Professionals from colleges all over America dedicated to building financial literacy amongst students on their campuses gathered at Ohio State University this week. Read More...
The quest for Financial Independence (aka Financial Freedom) too often provokes more questions than answers. Ratios and advice are often complicated and lacking. Read More...
Intel, a darling of Silicon Valley high-tech and the business world in general, announced Tuesday that they were laying off 12,000 people (about 11% of their workforce). Read More...
Getting to financial independence is elusive to most and it shouldn’t be. Here is a story that breaks down the biggest component to get you to your financial freedom. Read More...
Young people universally know that they will pay into the Social Security upon employment, yet they have little optimism that there will be anything left for them when they hit their Golden Years. Read More...
How you manage money while you are on campus really affects life after college. By and large, students have been given NO personal finance training prior to college, and little to none on campus. Read More...
I often quote the blockbuster bestseller (a bit dated in its research, but still completely on target) The Millionaire Next Door. The basic lesson is under-consumption Read More...
Every major financial guru that I know recommends having an emergency fund, and for good reason. This MUST be part of your financial plans as you move forward. Modest, regular funding into an emergency fund will get you to where you need to be over time. Read More...
I recently attended the National Summit on Collegiate Financial Wellness on the campus of Indiana University in Bloomington. This is the second year of this conference developed by Ohio State and Indiana University. Read More...
As over 1.8 million college graduates enter the workforce, they face an economic inflection point. Change in their financial life will perhaps never be as dramatic as the transition to career economics. Read More...
Reported Friday on my Yahoo News Feed, the aero space giant, Boeing, is ending their defined benefits program (pension) and moving to a defined contributions program (think a 401k or similar). Read More...
34% of middleclass Americans say, ‘they will have to work until they are 80 in order to have enough to retire and maintain their lifestyle.’ That is up from 25% in 2011 and 30% in 2012, according to this year’s Wells Fargo Middle Class Retirement study. Read More...
I have come to admire an emerging firm, Social Assurity. They deliver personalized social media management services for college and career advantage. Social Assurity has quickly become a thought leader in the discussion of how social media impacts college admissions and career placement decisions. Read More...
NACE (National Association of Colleges and Employers) has published its Winter 2016 Salary survey for those with Master’s Degrees. Below is real data of median income salaries from hiring companies who reported back to NACE. Read More...
The NACE (National Association of Colleges and Employers) Winter 2016 Salary Survey is out. It reports starting salaries (excluding: bonuses, fringe benefits, and commissions). Read More...
Congratulations, you’ve finally made it to your first adult job, or what I like to refer to the ‘Bigs’. For those of you familiar with baseball, the term is taken from the Big Leagues, Read More...
Who could have imagined the highflying Twitter, experiencing massive growth and industry leadership, would now be facing a major layoff. Read More...
Pope Francis just visited and regardless of your faithfulness or lack thereof, he moved everyone he came in contact with. I believe he inspired us to raise the bar of expectation on a variety of issues. Read More...