I accidentally overheard my coworker’s decision to sell her house as she doesn’t think that she could afford living there anymore. With the recent financial crisis and certain stocks basically going to zero, there are many people who lost a fortune (like this guy who lost $6 million because of Lehman Brothers). Luckily, she still […]
Larry King Live on CNN interviewed two families in trouble because of the recent housing crisis last night. The first family was starting to get behind on their payment, while the other already lost her home and is now living in her car. Overview of the Two Situations Family Hope The first family (which we […]
My parents taught me so much of what I know today. The importance of living below our means, the understanding of money matters and the appreciation of compound interest are all values that were ingrained into me at a very young age. I remember my mom used to tell me “there are always ways to […]
One morning while I was saying something to my wife, I realized that perhaps the way we think about wealth is way too complicated. It happened when I was telling her that for the first month in a long time, I spent more money than I made. We were going through the list of expenses […]
