The problem with lending, as opposed to giving money is that a loan inherently implies repayment. So if someone asks you for a loan you expect to get the money back at some point (whereas simply giving them the money would result in no debt). As a millionaire, however, you’re in a difficult position when [...]
A lot of people gripe about the wealthiest 1%, assuming that people with that much money don’t have a care in the world. But the truth is that everyone has problems and concerns in life, even if they don’t center on trying to make ends meet and get the bills paid each month. And the [...]
There are myriad ways in which you can choose to invest your hard-earned money. You may sock it away in pre-tax retirement accounts like a 401K or Roth IRA. Or you could play it safe with a savings account and bank-backed certificates of deposit. On the other hand, you might decide to go for broke [...]
In general, gold is a fairly valuable commodity. Like diamonds and other gemstones, as well as other precious metals, there is a finite quantity of gold in the world, so that gives the substance inherent value from the get-go. Plus, it’s shiny, which people seem to think equates to some kind of intrinsic value. But [...]
Holding together a marriage is no easy feat, and many couples face the same kinds of problems across the board. It’s not easy to devote your life to another person and a lot of times, married couples fall into routines whereby they take each other for granted, hide bad feelings instead of talking about them, [...]
Although the clouds of economic recession are still looming over America, the road to recovery has mercifully begun and many people are seeking to take out a loan. Whether they are hoping to fund the purchase of a new home or simply searching for the capital to launch their small business venture, ordinary Americans are [...]
If you are contemplating the decision to adopt a greener daily routine, one factor which may be causing you hesitation is the impact that an environmentally conscious lifestyle will play on your finances. No matter how deeply they are committed to preserving the natural world, unless the choice is financially beneficial many Americans believe that [...]
Everyone can pretty much agree that now may not be the best time to start a business. With the economy circling the drain (or getting washed out to sea), lenders clutching the purse strings tight, and businesses going under at every turn, it’s a little scary to even think about quitting your day job and [...]
Having a million bucks and looking like it are two different things, and lucky for most of us, the absence of one does not preclude the other. Just because there are very few millionaires living amongst us lesser mortals doesn’t mean we can’t all look like our highfalutin brethren, with the rich, luxurious clothing and [...]
You may not have medical insurance. If you’re young, healthy, and willing to roll the dice (or if you just don’t have the money), you might go for a while without needing it. For the same reasons, you might avoid purchasing life insurance. And if you don’t mind breaking the law in most states (New [...]
