Improve Your Health, Improve Your Wealth

health-wealth-fitsique

Remember your New Year’s resolution? Yeah, the one you probably gave up on weeks ago…that one. What was it? If you’re like most people, chances are it was one of two things. You: A) Wanted to save more money. or B) Wanted to lose weight or get healthier. What most people don’t realize is how the two goals are related. Want to save more money and build wealth? You better start hitting the gym. Here are a few ways living a healthier lifestyle can have a positive effect on your finances. 1. Reduced Medical Bills - Spoiler alert: people who eat better and exercise regularly tend to have fewer medical problems than people who sit around blogging watching TV while munching on a bag of chips. High blood pressure, high cholesterol, diabetes and numerous other health issues can be easily prevented/kept in check by staying active and eating right. By leading … Continue reading

Ten Tips That Saved Us $12,000 On Our Wedding Budget

Ten Tips To Save On Your Wedding Budget

Little did I know when I got engaged that I was willingly jumping into a world of complete insanity – what is more commonly known as “wedding planning”. I knew weddings were expensive, but it wasn’t until we started planning our wedding that I realized why. There is SO MUCH STUFF that you need to pick out…and ultimatley pay for. Thankfully my bride-to-be is as budget conscious as I am, so we’ve found a few ways that we’ve been able to save ourselves a boatload of money through the wedding planning process. We’re still going to end up spending a ton of money, but here’s how we’ve been able to save $12,000 (and counting!) on our wedding budget. 10 Tips That Will Help You Save On Your Wedding 1. Realize That Nobody Cares About The Fine Details. – Ladies, this one is directed towards you, and while it may sound … Continue reading

Warren Buffett’s 6 Fundamentals Of Investing

Warren Buffett Investing Advice

There’s a funny thing my dog does around the same time every night, when I grab her bowl to feed her dinner. She runs over to the spot where I’ll eventually set it down, and she’ll sit, tail wagging, watching my every move until I bring the bowl over with her food – which gets eagerly and immediately devoured. I tell this story not because I think you’d be interested in my dog’s eating habits, but because this is exactly how the whole of the investing community acts around this time each year as we await the release of Warren Buffett’s annual letter to Berkshire Hathaway shareholders.  The letter is more than your typical shareholders letter, it’s usually pretty entertaining and is always chock full of interesting insights and investing advice from Warren Buffett. Thankfully, this year is no different. Not only did Buffett outline his fundamentals for investing, he … Continue reading

Finding Your Financial Tipping Point

financial tipping point

I’ve recently been reading Malcolm Gladwell’s book, The Tipping Point. It’s a fascinating read that in a nutshell, explains how messages, trends and behaviors “go viral”. How small acts and events build upon each other until they reach a critical mass (the tipping point) where they simply take off and become something much larger than the sum of its parts. In the book he uses examples such as Paul Revere’s ride,  the spread of a fashion trend and how a single person can start a “word of mouth” movement for a restaurant they’re a fan of. As I was reading the book I couldn’t help but think of how the concept of the tipping point relates to our investing habits. We’re all aware it exists, and have probably read hundreds of articles mentioning the power of compound interest which is another example of the tipping point theory in action. The Tipping … Continue reading

The One Asset You Need To Maximize

maximize-time

Most of us are still young, working away long hours at jobs we don’t love, and are told to focus on stocking away as much money as we can for our future. But how often do we really stop to think about what that future holds, and when that future actually takes place? Most of you reading this have a good handle on your personal balance sheet. Your assets: (house, investment accounts, savings accounts), and your liabilities: (mortgage, car loans, credit card bills, utilities). We work and sometimes obsessively focus on these parts of our life, but many of us don’t pay enough attention to the most important asset we have, Time. Investing should be about more than trying to maximize ROI or to push our net worth to new heights. Investing should be about being able to take control of time. Money can’t buy happiness in the form of physical … Continue reading

Why You Shouldn’t Go To Grad School

why grad school is a bad idea

There’s a common scenario that I’ve seen play out in a number of people, including myself: You feel stuck in your career, unable to take that next step. You’re not sure what’s holding you back, and you’re getting frustrated about what you can do to change it. Maybe you’re not even sure about what your next step should be…you take a long, hard look in the mirror and decide – “I should go to grad school.” The feeling that an MBA or other Masters degree will act as the missing link and open previously locked doors seems logical, but you’d be making a huge mistake. Why going back to school isn’t the answer…  A Master’s Degree Isn’t A Magic Bullet True, just about everyone has a Bachelor’s degree these days. But an advanced degree isn’t as special as it once was, and it’s surely no guarantee of you landing a bigger … Continue reading