(photo: cast from the film, American Psycho) I see it all the time, twenty and thirty somethings ingrained with the idea that they deserve what they deem desirable, whether it be a new wardrobe, apartment in a trendy city, new luxury car, a monstrous new kitchen, the latest Smartphone, and/or a 6 bedroom home in a privileged suburb.  Let me […]

I recently had a guest post on PimpYourFinances.com and the entry dealt with critical questions every twenty something should ask him or herself if they’d like achieve goals and lead a quality life.  Here’s an excerpt: If you’re a Twenty-something consider yourself very lucky. You’re probably healthy, super educated (only about 26 percent of Americans have a bachelor’s degree), full […]

– Wise Bread has an interesting article on the pros and cons of pre-paying your mortage – I can tell you that I’ve been giving this one lots of thought and I still haven’t come to an easy answer   @ WiseBread. – Dough Roller posted a “festival of frugality” that contains some great information on frugal living, finances, debt, etc.  @ Doughroller.com […]

Personal finance is not taught formally in elementary / high school in the U.S. and you can see the consequences in adult financial behavior: Abysmal savings rate High debt Credit card dependence Percentage of salary devoted to housing and other living expenses But personal finance isn’t difficult as long as some basic rules are followed: Live below your means Save […]