4 Lessons Practicing Yoga Has Reminded Me About Personal Finance

May 21, 2010

At 18, I began to have terrible back pains. When I went to visit an orthopedic doctor, he told me I was the least flexible person he has ever seen. I guess he wasn’t impressed that I had to bend my knees to touch my knees. Since I didn’t want to pay for a physical [...]

Read the full article →

5 Lessons from the Greatest Mathematical Discovery of All Time

May 20, 2010

“Compound interest is the greatest mathematical discovery of all time” – Albert Einstein Compound interest is your greatest ally or your greatest enemy to financial independence. Being a part of Gen Y, you have the ability to let the power of compound interest give you the financial freedom you deserve. On the other hand, you [...]

Read the full article →

How Important is Your Credit Score?

May 19, 2010

It’s safe to say, understanding how credit, credit cards, and your credit score work, can save you over a hundred thousand dollars over your lifetime. Don’t believe me? Lets say you obtain a $250,000 home loan on a 30 year mortgage. With a 5% fixed mortgage, you will make total payments over 30 years of [...]

Read the full article →

Diversifying Your Income

May 18, 2010

95% of my income comes from my day job, which is in the insurance industry. If you haven’t read a newspaper in the last two years, the insurance industry has some interesting times ahead. Especially, the health insurance industry. I nor anyone else, can predict what my income will be like in the next few [...]

Read the full article →

401k Withdrawal Rules | What Happens If You Cash Out of Your 401K?

May 17, 2010

What’s one of the stupidest financial mistakes made by young adults–the decision to cash out of their 401(k)s. The USA Today reported that 60% of workers in their 20′s cash out their 401K when leaving or changing jobs. The purpose of this article is to explain the 401K withdrawal rules are and discuss ways to avoid [...]

Read the full article →

← Previous Entries

Next Entries →