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What Would You Do with a Million Dollars?

By Kevin

… would you give up the Internet? If it were permanent, I don’t think I’d give up the Internet. 🙂 Here is what I would do, though, assuming that I didn’t lose half of it to tax confiscation right off the bat, which I probably would! These would be my first priorities, in alphabetical order: Business… [Read More]

Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Paying Down Debt, Saving Your Money

Savings = Freedom

By Kevin

I have often heard the phrase “debt = slavery”; when we are in debt, our lives are basically owned by our creditors, our employers, the government, and anyone else whose assistance and support we rely upon. If debt is slavery, then what is freedom? If we have no debt, are we truly free? When I was… [Read More]

Filed Under: Growing Your Wealth, Investing, Miscellaneous, Opinion, Paying Down Debt, Saving Your Money Tagged With: debt, home, Investment, money, personal finance

Can Credit Cards Grow Your Wealth?

By Guest

The following is a guest post. In the mission to attain financial independence, you must consider every aspect and road to your goal. You have constantly evaluate your financial position, and any adjustments you need to make along the way. The trick is to be dedicated to your goal as well as remain flexible to… [Read More]

Filed Under: Paying Down Debt, Saving Your Money Tagged With: Balance transfer, Credit card, debt, Interest rate, MBNA

Guest Post at Barbara Friedberg Personal Finance: How to Organize Your Finances for a Wealthy Future

By Kevin

I have a guest post up at Barbara Friedberg Personal Finance titled “How to Organize Your Finances for a Wealthy Future“. The post is about keeping track of expenses, income, assets, and liabilities, and how I have done so using plain old spreadsheets as well as GnuCash. I’d be interested in knowing how you organize… [Read More]

Filed Under: Growing Your Wealth, Opinion, Saving Your Money Tagged With: assets and liabilities, budgets, Excel, GnuCash, income and expenses, OpenOffice, organizing your finances, spreadsheets

Guest Post at Super Frugalette: Going for quality is the frugal way…

By Kevin

Super Frugalette was kind enough to publish a guest post from yours truly! The guest post is titled “Going for quality is the frugal way” and over there, I discuss the difference between frugality and cheapness, and why it sometimes, but not always, makes sense to go for quality over cheap, as well as adventures… [Read More]

Filed Under: Miscellaneous, Opinion, Saving Your Money

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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