Getting On the Road to Financial Success

May 10, 2010

There is a simple calculation you can do to see how many days you spent working for a purchase. Take 260, which is the average amount of work days per year, and multiply it by the percentage of income spent on that purchase. For example, the average American spends 17.6% of their income on transportation. [...]

Read the full article →

Weekend Reading | New Posting Schedule

May 8, 2010

My goal for Gen Y Wealth this May is having a post up everyday Monday through Saturday. I hope you’re enjoying the consistent content on the site. I’m doing a bit of traveling over the end of May and early June. If anyone wants to submit a post to Gen Y Wealth, just let me [...]

Read the full article →

How to Stop Junk Mail and Protect Your Identity

May 5, 2010

Once I moved into a home, the amount of credit card offers and insurance offers were startling. Every day, I would receive at least one and sometimes more of the following applications in the mail; credit card, home equity line of credit, car insurance, home insurance, mortgage insurance, and life insurance. Luckily, a friend had [...]

Read the full article →

11 Easy Tips To Help You Achieve Financial Independence

May 4, 2010

To me, the ultimate goal of personal finance is to become financially independent. While there is no set definition for reaching financial independence, I like to think of it as reaching a point where you have saved enough to live off of for the rest of your life. In other words, you’re free to do [...]

Read the full article →

← Previous Entries

Next Entries →