Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility […]
An old rule of thumb said that you could afford to buy a house that cost between one and a half and two and a half times your annual salary. In reality, there’s a lot more to take into consideration. […]
A financial crisis can be scary at any age. It doesn’t matter if your 20, 30, 40 or even 50. Perhaps you’re way behind on saving for retirement or have too much debt from unnecessary spending. Or maybe an unexpected […]
An amazing passage.. As your income taxes come due, you might be like many people—complaining at what you have to fork over to the government. Forty percent of everything I make goes to these people? And for what?! First off, […]
Grit is passion and perseverance for very long-term goals. Grit is having stamina. Grit is sticking with your future, day in, day out. You need GRIT to reach financial success! Jared S. Friedman
