Posted by Ryan on March 31st, 2008 in Credit and Debt

This article over at DebtFREE-Revolution about who is to blame about student credit card debt got me thinking about my college experience. By the time I graduated from college, I had racked up thousands of dollars in credit card debt. After I graduated I moved to Chicago where I had a job that barely allowed [...]

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Posted by Ryan on March 30th, 2008 in Recommended Readings

Here is a list of some of the best personal finance articles from my favorite personal finance websites. To kick start your week, spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and increase your net worth.
Reminder: What’s your biggest financial mistake? Submit your story [...]

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Posted by Ryan on March 28th, 2008 in Money Management

J.D.’s post at Get Rich Slowly on How Good Habits Keep Small Mistakes Manageable got me thinking about how the less I track my spending, the more I find myself wasting money and exceeding my monthly budget.
I personally use a self-created excel sheet to track my spending and help me stay within my monthly budget. [...]

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Posted by Ryan on March 26th, 2008 in Investment Strategy

Asking how to save a million dollars is like asking what the best way is to train for a marathon. For one, just as there are many different ways to train for a race, there are multiple ways to save a million dollars. Each individual and their situation is different as well, which makes reaching [...]

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Posted by Ryan on March 24th, 2008 in Money Management

Last week, I told you about My Biggest Financial Mistake and how I broke some of my own money rules in order to “get rich quick.” I lost big by taking a gamble on Google by playing the stock options market. As I should have predicted, I lost a lot of money. Sadly, at one [...]

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Posted by Ryan on March 23rd, 2008 in Recommended Readings

Here is a list of some of the best personal finance articles from my favorite personal finance websites. To kick start your week, spend some time digging through the Millionaire Money Habits archives and the links below to improve your financial literacy and increase your net worth.
Spotlight: Pinyo at Moolanomy wrote a great article about [...]

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Posted by Ryan on March 22nd, 2008 in Off Topic

This is just a quick announcement for Millionaire Money Habits Newsletter subscribers.
Due to the high volume of subscribers, I had to make some upgrades. Unfortunately, this requires you to re-confirm your subscription to the newsletter.
In order to continue to receive the newsletter and information on how to increase your wealth, all you have to do [...]

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Posted by Ryan on March 21st, 2008 in Money Management

There are many parallels between accumulating wealth and weight loss. If you have the discipline to do one, you have the skills to do the other. Here are just a few similarities and things that should be included in financial diet:
Consistency: Both financial fitness and weight loss take consistent effort. Just as regular, scheduled plans [...]

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Posted by Ryan on March 19th, 2008 in Investment Strategy

I have a confession to make. I recently made one of my worst financial mistakes. As evident of the below, I broke some of my own money rules, and did an incredibly stupid thing at the end of 2007. Well, it wouldn’t have been such a bad move if I hadn’t become so greedy.
My Stock [...]

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Posted by Ryan on March 17th, 2008 in Money Management

Last week, I wrote an article for Blueprint for Financial Prosperity called Playing Good Financial Offense. The flipside to this concept is playing good financial defense.
Improving your personal income statement can be broken down into two fundamental concepts: generate more income and control spending. The first step, however, to creating wealth is to manage your [...]

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