There is risk involved in all investing. Don’t let that stop you from investing. Instead, spend some time thinking about how to manage the risk. Read here to get some ideas.
Tag: 30 and under
Ingredients of Building Wealth
What are the ingredients of building wealth? Read here to find out the four ingredients that you need.
Three Reasons You Should Learn To Do Taxes
Dear Young and Learning About Money, There are three reasons you should learn to do taxes. Let me start by telling you about how I was led to the first reason. Going back a few years, I knew nothing about how to do taxes. Sure, I knew some things that could save me money on […]
10 Things Everyone 30 and Under Should Know About Taxes
Dear Relatively New To Thinking About Taxes, I think that there are at least 10 things everyone 30 and under should know about taxes. Let me start by telling you how I came to that conclusion. I was a teenager when I got my first job. The thought of having new money was so exciting! […]
Keeping Up With The Joneses
Hello Dear Young Friends, Not long ago I wrote to you about conspicuous consumption. This week, I am writing about a related personal finance stumbling block called “keeping up with the Joneses.” Are you familiar with that expression? Just in case you are not, I will start with the meaning. What Does Keeping Up With […]
Understanding Checking Accounts
Hello Dear Young and Wondering About Checking Accounts, So, someone told you that all you need is a savings account. But, then someone else told you that you need a checking account. Then finally, someone told you that no one writes checks anymore. Now, you are confused about checking accounts. Well, today, I am going […]
Overcoming the Obstacles To Buying Your First Home
Dear Young & Wanna Buy A Home One Day, Today, I am discussing overcoming obstacles to buying your first home. Most people buy their first homes in their 30’s. But, there are some benefits to buying a house in your 20s. Some of those benefits include: no longer having to worry about rising rent payments, […]
The Three Types of Income
It is a good idea to have all three types of income…
Becoming a Millionaire by Starting In My 20’s
Dear In-Your-20s-&-Wondering-How-To-Become-a-Millionaire, I often get asked questions such as, “How do I go about becoming a millionaire by starting in my 20’s?” I love this question because I like that the young person is thinking about building wealth. Sadly, so many young people are distracted by the glitz and commercialism that is ubiquitous on social media […]
Stock In Focus: FedEx & the CNBC Investing Club
Greetings My Investing Family! This morning, I decided to spend some time thinking about my stocks. I am a member of the CNBC Investment Club. The investing club is run by Jim Cramer and Jeff Marks . You may be familiar with Jim Cramer from the television show called “Mad Money with Jim Cramer.” I […]