You Can’t Get Rich on a Salary!

It’s been the mantra of entrepreneurs for generations: “You can’t get rich on a salary.” Is it true? With scant exceptions, even top-paid execs, doctors, and lawyers make less than $1 million a year. And you can certainly grow rich earning six figures … [Read more...]

Credit Card Changes: Five Ways to Protect Yourself

This year's credit card reform laws will deliver consumers long-overdue protections from dubious industry practices. But don't breathe a sigh of relief just yet. The credit card companies, already reeling from a year of record losses, will find new … [Read more...]

Refinancing: What You Need to Know (Even Before You Own)

Mortgages are complicated. Looking to swap one mortgage for another by refinancing? They get even trickier. So it pays to understand how the mortgage refinance process works and when refinancing is a good idea (and when it's not) early in life. That … [Read more...]

Use Your Health Insurance!

Finding affordable health insurance is one of the most important financial decisions you can make in your twenties. Using that health insurance is another. … [Read more...]

How to Create a Five-Year Financial Plan

Where do you want to be in five years? Debt free? Living in your own home? Enjoying a “mini-retirement” volunteering or traveling around the world? I’ve written a lot about making spending plans (i.e., monthly budgets) and debt reduction plans, but th … [Read more...]

Put Your Financial Past Behind You

Professional poker players often quip: "Don't throw good money after bad". At the poker table, you have to know when to stop betting a hand and admit that an opponent has you beat. The same holds true in your financial life. Whatever financial … [Read more...]