Personal Finance

Articles on Money Q&A about personal finances and how it affects and interacts with your money and finances every day.

How To Break Your Addiction To Infomercials And Buying Stuff!

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Are you addicted to infomercials?

Are you addicted to infomercials?I normally do not write much about my personal life here on Money Q&A. A part of me thinks that you really don’t care about it, and I don’t really blame you. I’m not one to tell you how I overcame a mountain of credit card debt after college like everyone else or bore you with tweets about what I had for breakfast this morning.

There are tons of other great personal finance blogs out there where you can follow the saga of people and their lives. I’m just not that into it, and you don’t see much of it here. But, I thought that I would break my own rule a little bit and share with you a little inside information. I’m addicted to buying things off of infomercials on late night television.

There…I have said it. And, now everyone knows a little bit more about me. But, I wanted to share with you how I kicked the habit of buying Snuggies, Magic Bullet blenders, and wholesale lot knife sets from the Home Shopping Network (my college roommate and I would have made a fortune reselling if we didn’t keep them all for ourselves).

Five Ways To Break Your Addiction to Infomercials

Stop Watching Television

I’m a huge Gary Vaynerchuk fan. One of the first videos I saw of him on YouTube was a speech that Gary Vaynerchuk gave at the Web 2.0 Expo (caution…a few curse words). In the middle of his presentation, he talks about how you can get ahead in life and in business.

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Did You Let Your New Year’s Resolutions Slide Already?

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We are officially one month into the New Year. How are you doing with your New Year’s resolutions? Have you been able to keep them? If you haven’t kept them, don’t worry. You are not alone.

In fact, it is estimated that 34% of those who set goals do not even keep their New Year’s resolutions into February. And, only 46% of Americans are still holding on their New Year’s resolutions after six months with only 12% finishing the year accomplishing their goals.

So, what should you do if you have let your New Year’s resolutions slide already? Here are a few tips to help you…

Start Fresh – Get Back On Track

Okay, you have had a slip with your resolutions and goals. It is no big deal. Get back up on the horse and go again.

Think back to that sense of drive and passion that you had on the first day of January and try to recreate that feeling. Forget that your slip ever even happened in the first place. Pretend that today is the very first day of the New Year and go again.

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Rigged Money by Lee Munson – Book Review

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Rigged Money by Lee Munson

I was recently given the opportunity to review the book “Rigged Money: Beating Wall Street At Its Own Game” by Lee Munson. As you can probably tell by the book’s title, Lee Munson makes his case that the stock market is a rigged game set up for institutional investors and the fat cats on Wall Street. Lee Munson asserts that Wall Street is rigged to ensure that individual investors on Main Street are kept in the dark to continue to feed the system. Rigged Money includes a great combination of anecdotes and raw financial data to back up Lee Munson’s claims. Rigged Money by Lee Munson Rigged Money is a book that tries to convince you that almost everything that … Read more

How to Raise the Next Millionaire Entrepreneur

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How To Evaluate Business Investments

The following is a part of Yakezie’s blog swap from Marissa. She writes about life after grad school, and personal finance over at Thirty Six Months. You can check out my post on her site. I was an inventive child. Inventive in a way to ask my parents for a bigger allowance if I did extra chores, asking my siblings for a part of their allowance as a fee for being younger than me etc. Some of those ideas worked and some of them got me grounded for bullying my little sisters. The point is that when your child has the entrepreneurial spirit in them and wants to earn extra income with their creativity, do everything you can to encourage … Read more

Ten Ways To Inspire Yourself To Save And Invest

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To Inspire Yourself To Save And Invest

To Inspire Yourself To Save And InvestYou may have noticed that learning to play the guitar has been on my list of 100 goals to complete before I die. Not only have I been taking guitar lessons from a teacher locally, but I have also really enjoyed the lessons that Nate Savage from GuitarLessons.com puts on his site and on YouTube.

Recently Nate sent out an email to his newsletter subscribers (you can subscribe to the Money Q&A newsletter here) about meeting an incredible guitar player and one of his heroes that inspired him to strive to become a better guitar player. His video (seen here) got me thinking. What inspires you to become a better saver or investor?

You should and need to be inspired. For many people starting to save or starting to invest is a hard proposition. Far too many people think that they simply can’t save for retirement. They face living paycheck to paycheck and feel like they can’t get off of that rut.

But, you can. You can get inspired to save and invest. Starting is often the hardest part. Below are ten great ways to inspire yourself to start saving and investing, and if you are already saving and investing, hopefully these tips will inspire you to keep going and boost your financial wellbeing.

Ten Ways To Inspire Yourself To Save And Invest

Hank Coleman and Gary VaynerchukMeet Someone Famous – Like Nate Savage meeting a famous guitar player, I meet Gary Vaynerchuk at a book signing back when he was promoting his book, “Crush It!“. It was incredibly inspiring to meet him, listen to him talk, and get to ask him a few questions. I was on cloud nine for weeks and weeks, full of aspirations and inspired like never before.

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