Tagged: Investing

making your money work for you 0

Making Your Money Work For You. (The Parable of the Talents)

The Bible Teaches that Investing and Putting Your Money to Work is Good Stewardship. In an ideal situation, you have all the money you need to live your life the way you desire. All your needs are covered and even most of your wants. You only work on things that bring meaning and purpose to your life. You don’t go...

discover a proven investment strategy 0

Do You Know When to Hold ‘Em, or Do You Just Buy, Buy, Buy?

You Need Time on Your Side for Compounding to Work Its Magic. Too many song references in the title? . . . Anyway, in a previous article, I explored compound interest and how amazing it can be for your investments. In that article we discovered an example where you could choose to receive $25,000 each day for a month. Or,...

financial rules of thumb 4

Financial Rules of Thumb

Helpful “Rules” to Quickly and Easily Tell How You’re Doing Financially. Just to be clear, these are my rules of thumb. You may or may not agree with them, but I’ve found these various easy-to-remember things useful in everyday life. Also remember that these are just guidelines. If you are staring at a major life decision, don’t base your decision...

don't jump off the investing roller coaster 1

Don’t Jump Off the Investing Roller Coaster!

Investing in the Stock Market is a Course in Staying Patient. There’s an old saying that goes something . . . . Well, maybe it’s not that old. But it goes something like this. “You only get hurt on a roller coaster if you jump off.” And while you can’t actually jump off of a roller coaster, because you’re strapped...

money mistakes we've all made 0

Money Mistakes We’ve All Made.

Some Mistakes are in the Past . . . And Some Are Yet to Come We’ve all made money mistakes. Some of us have made more than others. Hopefully you’ve learned from the mistakes that you’ve made. I certainly have learned from mine. You can read more about them here. In most cases, experience is the best teacher. In other...

thoughts on financial leverage 0

Financial Leverage: Is it the Missing Piece of Your Financial Plan?

Could leveraging your assets to earn even more money be the key to wealth? “In order to get what you want, one has only to apply the proper amount of leverage.” Have you ever heard that before? Usually someone is referring to squeezing information out of someone else. But there are many different kinds of leverage. Financial leverage can be...

Are you ready for retirement 1

Are You Ready For Retirement?

Prioritizing Retirement Savings and the Basics of Retirement savings Plans. Are you ready for retirement? Have you even thought about it? Financially, I mean. Do you have a plan that you’re contributing to regularly that will be able to sustain you and your family when you reach the end of your working life? It’s a serious question. Are you ready?...

free money 401k match 3

Make the Most of Your 401k With Free Money.

Are You Leaving Free Money on the Table? When I started my first real job out of college, some of the best advice I received about money was simple. A colleague advised, “Contribute to your retirement 401k plan enough to get the company match.” So without knowing a wit about what I was doing, I started contributing each and every...