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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

Money can do many things.  If you have money, you can live life to the fullest.  Money enables people to cover all their necessities including food, shelter, and healthcare.  Having money is a key requirement to get the best education in the classroom and by way of traveling the world.  Money is also required if you want to add convenience and have some luxury in

There are many different economic factors that can change interest rates.  The Federal Reserve can act to change interest rates.  Interest rates can be lowered to increase borrowing and spending during a slumping economy.  Interest rates are also used to manage inflation. No matter what causes the change in interest rates, the change has a direct impact on how bonds are priced.  When

Have you ever considered selling all your stocks or stock mutual funds when you retire?  Who wants to have to deal with the ups and downs of the markets when you are no longer dollar-cost-averaging?  Are you afraid of a major market crash when you are drawing down your portfolio? The market is near its all-time high.  With retirement right around the corner, are you

Very few purchases are as stressful as buying a new car.  Next to buying a house, a car is the second largest purchase that most people make.  Since it is such a large purchase, it is wise to do some research before you sign on the dotted line.

When it comes to finding ways to better manage your finances, there are unlimited resources.  There are many great books, blogs, forums, websites, and apps.  There is not a shortage of information, tools, or even professional services.  If a person wants to make improvements when it comes to spending less, paying down debt, saving more of their earnings, or learning to invest, they could