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Know Your Competition

We start competing the moment we are born.  Competition is everywhere.  Completion is natural.  It is the cycle of life. …

thefinancialjourneyman

Over Age 50: No Retirement Savings

It is common to read about how young people are not saving enough for retirement.  While it is always better…

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Why You Need an Emergency Fund

In the world of personal finance, having an emergency fund always seems to be a popular topic.  The reason for that…

thefinancialjourneyman

Funding Retirement with the Bucket Approach

Have you ever considered separating the money that you plan on drawing down during your retirement based on the phases…

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Is Investing Like Gambling?

Over the years, I have heard people compare investing to gambling.  It normally occurs during periods when the stock market is…

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Impacts of the 2018 Tax Reform Law

After what seemed like many months of debate, tax reform has been passed into law for 2018.  This is not…

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An Abundance Mindset

An abundance mindset is the opposite of a scarcity mindset.  A scarcity mindset is one where a person is consumed…

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Basic Economic Concepts for Consumers

  Gone are the days when you just use to go out and shop with very little knowledge of what…

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The Scarcity Mindset

Even though you are doing your best to actively manage your finances, do you ever think that you might not…

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How to get Started with Airbnb

I am very excited about today's post.  This is a guest post from my new friend Cubert from AbandonedCubicle.com.  In…

thefinancialjourneyman