I was having lunch with a friend of mine the other day and naturally we got on the topic of personal finance and wealth. He was very proud to tell me, “I’m going to break six figures this year.” “That’s fantastic,” I said. “How much more are you going to make next year?” He looked [...]
It’s been nice to see the stock market hold its ground and have some pretty good days lately, but I opened my mail last week to find my quarterly statement that summarized my portfolio. The first thing I noticed was that my investments had almost dropped 8% this past quarter it was hard to stomach. [...]
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: Philip Brewer at WiseBread shows how he [...]
At first glance the difference between a bank and a credit union may seem insignificant, but depending on your needs there are some pretty significant advantages to belonging to one over the other. Bank vs. Credit Union A credit union is a not-for-profit financial institution that is owned by the people who belong to the [...]
We discussed Why is an Emergency Fund Important, but do you wonder when we you are already stretched so thin, how can we possibly find money to create 3-6 months of savings? Here are 8 ways that you could find money to build an emergency fund: Create a budget to find out how much you [...]
Financial planners recommend saving 3-6 months of living expenses for an “emergency fund.” An emergency fund should be exactly that, for emergencies only. It should not be a savings account that you tap into when you find a great suit, beautiful dress, or need some extra spending money for a vacation. So What is an [...]
Special thanks to David and My Two Dollars for the opportunity to be interviewed and introduced to his readers. Welcome My Two Dollars readers! Spotlight: Gather Little by Little quotes Dave Ramsey, “Many times that when you start following a budget, it’s like getting a raise,” in his Top Reasons People Don’t Budget. What reason [...]
Now that you have some ideas on how to start making money when you are young (read How Can Kids Make Money When They’re Young), you have to get customers and keep them coming back. Here are some suggestions on how to make sure your business makes a lot of money and maybe become like [...]
I remember as a kid how badly I wanted to make money. I wanted to build my own go-kart and buy a dirt bike so much that I was dying to find ways to make money. That was long before the age of the internet. Now a teenager can just type, “ways for teens to [...]
Who says it takes a lifetime of savings and an impressive resume to make millions of dollars? Here are a couple teenage millionaires that prove the rest of us wrong: Ashley Qualls started whateverlife.com at age 14 and dropped out of school when her website started making $70,000 a month. How did she do it? [...]
