My 2011 Personal Finance Toolkit

January 7, 2011

What’s in my wallet? What banks, investments, software, and credit cards make up my personal finance toolkit? I’ve had numerous people ask recently, so I thought I would share. Here it goes… Personal Checking & Savings Account = ING Direct I’m still confused why other banks haven’t copied ING Direct unique ability to open sub-savings [...]

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How Not to Lose a Friend over Their Spending Behavior

January 5, 2011

If I had a nickel every time I have heard someone say, “My friends spend too much money”, I would have $2.45. My poor sense of humor aside, this is a problem that is universal for young adults. Out of a group of friends, there’s always one that likes to spend a bit more than [...]

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The Mental Model of Inversion (or How I Can Hurt my Chances of Succeeding in 2011)

January 3, 2011

There are few books that I have read, that I have felt like a smarter person after reading. Poor Charlie’s Almanack by Charlie Munger was one of those books. It’s hard to put in writing, how valuable this book was. Although it’s over 500 pages long, it’s a book I plan to read once a [...]

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My Favorite Blog Posts from 2010 (That You Probably Didn’t Read)

January 1, 2011

2010 was my first full year of blogging. To start the year, I had no more than 50 readers. I owe a lot to these friends who tweeted, shared, commented and helped grow Gen Y Wealth to what it is today (Byran, Patrick, Brianna, Ken, John, Craig,  Crystal, and members of my mastermind group to [...]

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Making the Change: Going From a Dual to a One Income Household

December 31, 2010

2011 will be an interesting year. At 4:30 p.m. yesterday, my wife and I went from a dual income to a one income household. Fortunately, neither of us were fired, and no, we’re not having kids. My wife quit her job to start her own business. This was something we had planned on doing for [...]

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