Ever wondered what the differences are among tax software programs? Maybe that only keeps nerds like me up at night, but there are differences. Examples: The most popular tax software is also the most expensive. And some cheaper programs charge … [Read more...]
Put Your Money on Autopilot: How to Build a No-Hassle Money Management System, Part 3 of 4
January 24, 2012 By 14 Comments
If I've learned one new thing in six years of blogging about money, it's this: The most important factor in financial success is not having a budget, meticulously avoiding debt, or choosing the right investments. It is having a system that makes the … [Read more...]
The Bank Account Buffer: How to Build a No-Hassle Money Management System, Part 2
January 17, 2012 By 15 Comments
By the end of this four-post series, you’ll have a map for a hassle-free financial system that puts your day-to-day money issues on autopilot, letting you worry about more important stuff like developing your career, earning more money, and … [Read more...]
No More Budgets! How to Build a Hassle-Free Money Management System, Part 1
January 11, 2012 By 28 Comments
I have a love/hate relationship with budgets. But mostly, I hate them. It’s not because I don’t like pie charts and spreadsheets. (I do.) I don’t like budgets because I hate telling you to write them when I know myself how boring, pointless, … [Read more...]
This Year, Take Some Risks
January 3, 2012 By 15 Comments
Most of us don't like risk. We buy insurance. We work for a paycheck. We put our money in an FDIC-insured savings account even though it pays less than 1.0% interest. These things aren't necessarily bad; a little bit of caution is a good … [Read more...]
Five Mutual Funds To Get You Started
December 30, 2011 By 3 Comments
Let’s proceed carefully. Although I’ve done it once or twice before, I try to avoid recommending individual stocks or funds. Such “picks” are a dime a dozen on other blogs, in major financial magazines or on Jim Cramer’s TV shows. At … [Read more...]
How to Pick a Mutual Fund
December 27, 2011 By 11 Comments
You shouldn't have to worry about picking mutual funds if you don't want to. That is, if you have zero interest in immersing yourself in fund performance data and anlayst research, you will do best with a simple investing strategy: invest in an … [Read more...]
Understanding What Mutual Funds Cost
December 19, 2011 By 11 Comments
So, you found the perfect mutual fund for your investment goals. Before you invest, do you know how much that mutual fund costs? Last week, I wrote a beginner’s guide to mutual funds. As I said, mutual funds are ideal investments for new … [Read more...]
How Mutual Funds Can Help You Start Investing
December 13, 2011 By 8 Comments
I hope you'll read this post, but I'm nervous you may not. Why? Because the word “mutual fund” is in the headline. I mean, really, even if you’re into investing, talking about mutual funds is about as exciting as watching a turtle cross the … [Read more...]
How To Be Richer Than Your Friends
December 1, 2011 By 23 Comments
Last week, just before Thanksgiving, I sent an article to people on my email list that you won’t find on the blog. I was psyched to see how many of you wrote back saying you enjoyed the advice. If you only saw the subject line or skimmed the … [Read more...]
I'm David Weliver. At 26, I had NO savings and NO financial plan. I was maxed out, stressed out, and fed up. Then, I changed. I repaid $80k of debt, tripled my income, and bought a home. I'll show you how to get similar results. 