In July, my wife and I went to Ireland on vacation.  It was our first time in Ireland.  Last summer, we went to London on vacation.  We tried to combine England and Ireland into one trip but decided against it.  We wanted more time to explore both countries on separate trips. Naturally, I was excited about going to visit Ireland.  What made the trip a little more exciting was that

You did it.  You earned your college degree.  Congratulations on this major life accomplishment. Hopefully, you have a job lined-up in your field of study.  If not, don’t get overwhelmed.  Start applying and interviewing.   Before you know it, you will be working, growing your career, and earning a paycheck. The good times are not over, but it is time to enter the real world.  By starting this next chapter of

No matter how old you are, it is never too early to start investing. Whether you are in high school, college or just finished school now is the time to start putting money toward securing your financial future. The good news is that it is easy to start investing no matter how much you have to invest, what your risk tolerance is or what your goals

The first step in correcting a problem is to admit that there is a problem.  Prior to admitting that there is a problem, there is another step.  That is when a person reaches their breaking point and cannot go on living the way that they are living.  That is often referred to as step zero.  Step zero is when a person says to themselves “this crap has to stop”.  It is

The Roth IRA has now been around for 20 years.  Where does the time go?  Time sure does seem to fly when you are having fun.  It seems to go faster when you are dollar-cost-averaging and building wealth. That is exactly what the Roth IRA has done over the past 20 years.  It has been a great wealth building tool for many individual investors.  Since it was created, I

Travel hacking is a great way to travel for free.  Travel Hacking is the practice of opening premium rewards credit cards to capture the generous initial bonus points that these credit cards offer to new cardholders.  The hack is based on getting the bonus points, closing the card before the annual fee is due, and never paying

How do you measure wealth?  There are many different approaches.  Do you have $1,000,000 in the bank?  Some would say that makes you wealthy.  It might unless you have excessive spending habits and spend $1,000,000 or more per year. Another way to measure wealth is based on years of annual living expenses that you have in savings.  I once read that if you have 10

  Do you want to know how long it will take to double your money?  Most investors do.  Are you interested in the expediential growth of your money?  Have you ever tried to calculate the rule of 72? When I first started to read personal finance and investing books, I learned about the math behind what makes investing work.  The big driver

I recently attended a leadership training seminar at a local college.  This seminar was about managing the multi-generational workforce.  The facilitator covered many topics and I am not going to get into any of those details in this post.  He said many interesting things, but the one statement that made me think was that he said that we should always be intentional. Everything we do should be with intent.  Our

There are many different approaches an investor can take in managing their money.  Some approaches are hands-off and require little effort to maintain the desired asset allocation.  Other approaches are more time intensive and might require daily or weekly management.  There are other approaches that fall somewhere in-between. No matter how you decide to invest, you need to have an investment philosophy.  It should be part