Here’s a loaded question for you: Are you rich? One of the numbers that is repeatedly thrown about to represent “being rich” is an annual salary of $250,000 a year. Others, though, don’t consider you “rich” unless you make $1 million. I know some families who would consider themselves “rich” if they could hit the […]
One of the issues that can get in the way of a solid financial future is ignorance of your own motivations. Many of us are not used to self examination, especially when it comes to finances. This is because we often think of our money as something that comes in, and then is saved and […]
Contrary to popular belief, you CAN dress well without spending a fortune on designer clothes and shoes. I love fashion and can relate to the need to look good and to impress. It’s a very human need, after all. No one wants to look frumpy or “cheap.” However, I do believe that it’s quite possible […]
One of the ways we measure our financial success (and, in some cases, success as a person) in our society is to look at our salary. However, just looking at your salary provides an incomplete picture or your financial situation. This is because your salary does not always provide an accurate representation of how much […]
Early in my college career, it became apparent that I was willing to go into debt for just about anything. Whether it was a new outfit, eating out, or a road trip, debt was no object. I had my trusty credit card. (Trusty credit cards by the time I graduated from college.) I really was […]
Let’s borrow a term from economics. Do you tend towards looking at your finances in a macro (big picture) or a micro (bottom up) way? In other words, do you just worry about the direction of your assets and overall numbers, or do you look at every little expense separately?
