A few months ago, J. Money from Budgets Are Sexy showcased several very awesome manly piggy banks and crazy safes that people could buy on the internet. I fell in love with this bar of gold safe (see attached picture of my bar of gold below). I have a theory that people will save more money if they have somewhere cool to put it. I have a jar labeled casino money that helps motivate me to save money! Just like nicknaming your savings accounts, naming your spare change jar can have a huge benefit and really drive your desire to save money for … [Read more...] about I Fibbed And Bought A Bar Of Gold – Five Crazy Safes
Archives for May 2012
Compound interest is an amazing factor of investing and growing wealth. It is built into almost every financial calculation when looking at retirement, growing investments, and increasing your net worth. Even Warren Buffet said that compound interest played a large part in his accumulation of massive wealth. Compound interest is what happens when the interest earned on an amount of money becomes part of the principal, and then more interest is then earned on that larger sum. You interest earns you interest. This continues to repeat, and the … [Read more...] about Harnessing The Power Of Compound Interest
How many retirement accounts do you and your spouse have? Do you both have Roth IRAs and 401k retirement plans at work? You may find out after closer inspection that your separate plans do not mesh well with each other. In fact, you may find yourself poorly diversified with a lot of fund overlap if you are not too careful. You may want to add several checks to your annual investing portfolio rebalancing this year to synchronize your entire family’s retirement plans. Here are some things to consider. Look At Your Family As A Whole One of … [Read more...] about Are Your Family’s Retirement Plans Fighting Each Other?
There is a difference between a good company and a company’s stock that makes a good investment. How do you choose and know when a good company may be a poor investment choice? How do you keep from falling in love with a company? These are some of the tricky questions that individual stock investors wrestle with. Here are a few things to consider when trying to identify when a good company may be a bad investment. The Right Stock Valuation Classic finance theory states that the valuation of a stock price over the long-term is based on … [Read more...] about Why Good Companies Do Not Always Make Good Investments
I bought shares of Facebook yesterday on its opening day on the market after its initial public offering (IPO). Well...it was actually more like one single share of Facebook. I bought it from OneShare.com where I got one single share framed for my wife. Should you buy shares Facebook IPO? It all started on Thursday when my wife asked me if I was going to purchase any shares of Facebook on Friday when shares began trading on the public market. My wife and I do not really see eye to eye in most cases about finances and investing. She … [Read more...] about Why I Bought Shares Of Facebook On Its IPO Opening Day
What is one of the first things that you think about when you get pulled over by the police for speeding or some other traffic violation? I know that one of my first thoughts goes to my car insurance and how much my car insurance premium may go up if I get a ticket. We all understand that tickets affect insurance rates, but many of us do not know how do speeding tickets affect insurance rates and how other violations play into our rates. Now, Insurance.com has done the leg work for you with a new study that they have just published dissecting … [Read more...] about How Tickets Can Affect Your Car Insurance Rates
If you are a homeowner, you know that it is expensive to maintain. I never realized how many things you are nickeled and dimed for until buying my first house. Not only do you have your mortgage, insurance, taxes, utilities, and possibly even association dues, but you've also got the little things you don't dream of like home maintenance now falls on your shoulders. The yard or fence needs to be refurbished.
These were not issues when you were a renter. With all of these bills adding up, you may be wondering if you could skip out on … [Read more...] about
Very few businesses these days get by through word of mouth or paper advertising – most will have a website or be cited in various online sites (such as general advertising-listing sites or comparison sites). Many businesses also carry out much of their work online, creating and sending often sensitive data via email. Whilst it is advantageous to use technology so effectively, there are risks associated with conducting work over the web. This is where cyber liability insurance comes into its own. … [Read more...] about What Is Cyber Liability Business Insurance?
A health savings account (HSA) is a tax deferred medical savings account available to individuals currently enrolled in a high deductible health insurance plan. There are many benefits of health savings accounts that you can take advantage of. The money contributed to the account is deposited pre-tax, and can be withdrawn tax free if used for qualified medical expenses. Withdrawals for non-medical related expenses are taxed very similar to an IRA, in that they can be withdrawn after a certain age without penalty. Main Benefits Of Health … [Read more...] about The Benefits Of Health Savings Accounts
What if you can get a flash from the past? What if you can recapture your youth for as little as $2? That's what these iPhone covers did for me. I recently saw a few of these on J. Money's Pinterest page. There are some really cool things on that site. You can check out a few of my favorite things as well on my Pinterest page. Follow me on Pinterest! In the meantime, below are several of the coolest iPhone covers that I found. Cassette Tape This case keeps your iPhone 4 safe and protected in style. Snap-on case is designed to offer all-around … [Read more...] about How A $2 iPhone Covers Can Bring Back Your Youth