This is an Other Side of the Fence article, in which I take the opposite viewpoint of a popular idea and/or debate a specific thought. Talk to any financial adviser and they'll all say the same thing. It's never too soon to start investing, investing young is the way to go. Then they'll put out the table comparing...
My previous post "Is living on minimum wage possible" brought quite a bit of mixed opinion. In fact a few strongly disagreed with me in the ability to live on minimum wage. Words like "impossible" were thrown out, which actually surprised me a bit. Maybe I'm just picking a fight here, but I think people often...
Is minimum wage really that hard to live on? I was at a friend's house last night for a small party and met a girl there she mentioned that she chose Hawaii because it was a place where you could do a lot of the things you enjoy for free and a lot of people don't really focus...
Over the course of your lifetime you'll spend over 80,000 hours working. That's nearly 10 years straight with no breaks. Think you have that kind of endurance ;) You get the luxury of choosing where you'll spend those hours so does that mean your choice reflects who you are as a person? Are you...
A couple of days ago, I responded to a guest post by Mr Credit Card from askmrcreditcard.com over at Fiscal Fizzle. His premise was that there really was no such thing as passive income. I disagreed and wrote a post taking the opposite argument. The articles caused quite a bit of debate both on this site and Fiscal Fizzle...
This is an Other Side of the Fence article, in which I take the opposite viewpoint of a popular idea and/or debate a specific thought. When scanning the personal finance blogosphere I ran across a guest post over at Fiscal Fizzle that read "There's no such thing as passive income." That's a pretty bold statement and I couldn't resist clicking on...
There are a ton of different financial websites and blogs on the web. Each with their own strategy or mix of ideas. Reading through these blogs makes you realize that some ideas mix as well as oil and water. Enter financial extremism. The vast majority of personal finance blogs are middle of the road. Pay off...
You'd be hard pressed to find a person who doesn't want to be financially free, but I bet it wouldn't be too hard to find someone who couldn't tell you what they'd do with that freedom. The day that you become financially free what will really change in your life? Will the angels sing and your problems...
Personal Finance is one of the most important aspects of your life, but it isn't taught in most schools and the majority of people in the world are financially illiterate. Although not exciting to most, personal finance directly relates to your life everyday. Personal finance by definition is how you manage your money. But what is money...
What's the difference between being rich versus being wealthy? Is there a difference and if so how can we separate the two similar concepts? Being Rich Rich is a current state of being that can happen overnight. For example: lottery winners, new found celebrities and even high payed professions such as doctors or lawyers belong in the category of...