Should I get a student loan?

Student loan

Should I get a student loan?    Student loans have been the hot topic of the last few years, how many of the millennial crowd is straddled with student loans for many years to come and most with very little job prospects in their chosen field.  Paying down tens of thousands of dollars in debt with no real income if daunting and I can’t imagine starting out that far in the hole.  So one has to ask, is this the only way?  Now I write this from an outside prospective…

Would you smoke a million dollars? How to retire rich.

retire rich

Would you smoke a million dollars? How to retire rich.   So I have to start this my saying I am not a smoker and haven’t really ever seen the attraction to it but I have had my vices. My fiancé and I where talking in the car the other day and I busted her chops about how much she used to smoke and jokingly said she could probably be retired by now, which got me thinking.   Let’s do the math…   I know people have done this with…

Here at last — the epic showdown between Dave Ramsey and Robert Kiyosaki!

Here at last — the epic showdown between Dave Ramsey and Robert Kiyosaki!   Okay, maybe that title is a little dramatic. But you’re reading now, so it must have worked. People often ask me which book will best teach them how to eradicate debt and become financially independent. Usually my answer is Rich Dad Poor Dad by Robert Kiyosaki. But I have also read Dave Ramsey’s The Total Money Make Over, and I believe its approach is likewise beneficial. So the question is, which one is best?    Well,…

Planning for the worst hoping for the best

debt free couple

I recently read a disturbing comment posted on a Facebook group that was devoted to debt-free living: “Life happens and we have no control.” The comment illustrates a certain thought process, one we all know exists, one to which you may even subscribe. The member who left it was recounting his hardships, trying to explain why he had fallen into debt and, as a result, had become a worse credit risk than Bernie Madoff. I had to bite my tongue — or rather, refrain from my keyboard. After all, I…

How to get free stock trades….really free!

Free Stock Trades

How to get free stock trades….really free!     When trading with smaller amounts of money usually getting a good return is limited by the cost to enter and exit the position. Even with some of the discount brokers on the market the costs of purchasing and selling a position can range from $10-$20.  This may not be a lot when making 5 figure trades, but this adds up when you’re dealing with smaller purchases.     On a $500 trade, $6 trades in and out equal almost 2.5% of…

Can working out make you rich?

Can working out make you rich?

Can working out make you rich?   I ask myself quite often why fitness buffs aren’t all rich? I know some are but I have a difficult time understanding how someone can be so disciplined in taking care of their body and lack discipline in other parts of their lives. Then it hits me…I have a friend who is about my same age and in amazing shape, he works out regularly, eats right, always keeps himself clean-cut and well dressed, but yet can’t seem to get ahead financially. Now I’m…

How to save water and money

how to save water and money

How to save water and money   Today is Earth Day, which got me thinking about our greatest resource…water. Many parts of the world are suffering from a lack of water including some of our western states right here in the US. Besides air, water is the most essential part of our lives and for many of us we seem to take it for granted. Part of my philosophy in saving money is also conserving and this includes just about anything from water to energy or products we consume. Earth…

Get out of debt- It’s not my fault

Getting out of debt

Get out of debt This article pains me to write, but sometimes the truth hurts and it needs to be said, please know I write this with tough love in my heart. I want you to GET OUT OF DEBT FOREVER! I work with people constantly that are in financial trouble and the first thing they say is, “it’s someone else’s fault”, or “something happened to me to cause this”. In very rare cases do I agree with their diagnoses, for the most part their current situation is directly their own fault. You…

How can I get started saving money

how to save money

I get asked this a lot, “How can I get started saving money” Let’s assume you are really ready to make a change in your life, you are sick of the daily grind and want to get ahead. First make sure you know what your motivation is and where you plan to be in the future. Without this it will be very difficult to make the tough decisions and sacrifices needed to reach your goals. Be sure to think really hard about this and write it down somewhere you can…

Top Money Saving Apps

top money saving apps

Today there are so many apps out there that can save you money on everyday purchases with these top moneysaving apps. I use several forms of money saving systems or reward programs to keep a little more jingle in my pocket. I’ll go over a few of them that I have or am using right now and if there are any you are aware of please leave the tip in the comments section.   Credit cards reward points, this is one of my favorites and I have written articles on…