I read a great post this morning by Monica O'Brien of TwentySet about Generation Y bloggers and generational stereotypes. It got me pondering stereotypes I've encountered about how twentysomethings handle money. What are these stereotypes? Are you … [Read more...]
The Connections Between Financial and Physical Fitness
I’ve been working on personal financial goals for over three years. During that time, I’ve also set goals to get stronger, eat better, and lose weight. Unfortunately, I frequently failed to achieve my health goals…until recently. I’ve lost … [Read more...]
Applying the 80/20 Rule to Personal Finance
The 80/20 rule, or Pareto principal, is one of the most common management strategies to help people focus on what’s important and get more done. Simply stated in terms of productivity, the 80/20 rule says that 80 percent of results come from just … [Read more...]
Qvisory Responds to Bleak Financial Picture Facing Young Adults
Did you know that 19% of 18-29 year-olds are currently unemployed, compared to just 7% of the general population? We’re also less likely to have health insurance than older workers. On top of that, 60% of us carry the same amount or more debt than … [Read more...]
How Has The Recession Changed Your Life for the Better?
As I’ve said before, I try to avoid writing excessively about the recession. I don’t believe that ruminating on lost jobs, retirement savings, and credit opportunities will fix anything—let alone make us feel in any better. In fact, I think the … [Read more...]
Five Types of Overspenders
People spend—and overspend—for a lot of reasons. Here are five reasons may people spend more than they have. If you have trouble overspending, uncovering why is an important step in learning to reign in the behavior and get on track to financial … [Read more...]
Secret of the Rich: Money is Absolute, Not Relative
Imagine a crisp one dollar bill. What does that one dollar mean to you? How would you spend or save it? Now imagine you are homeless and only have $4 to your name. Now what would that dollar mean to you? Finally, imagine you are a billionaire. What … [Read more...]
BankAround.com Lets You "Shop" For Banks
I'm excited to announce a new project I am involved in that could revolutionize the way we choose our checking accounts and CDs: BankAround.com. … [Read more...]
Five Easy Financial Resolutions for 2009
A fresh year on the calendar or not, resolutions are hard to keep. Whether the target weakness is overeating, undersweating, or overspending, temptation is everywhere and old habits die hard. But if you want to make some positive changes to your … [Read more...]
Does Your Debit Card Have a Daily Spending Limit?
Does your debit card have a daily spending limit? Most likely, yes. A debit card spending maximum is set by the individual bank or credit union that issues the debit card. Some debit cards have spending capped at $1,000, $2,000, or $3,000 daily. Try … [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.