I recently read Barbara Friedberg’s 20 Minute Guide to Investing. This guide is an intro to investing that covers the basics of what you need to know, before you start investing. Barbara covers many topics, including the following: What should I do before I invest? Why should I invest? What is investing, and what are… [Read More]
5 Reasons to Have an Emergency Fund
Preparing for the unexpected It is impossible to expect the unexpected, because when you are expecting something it fails to be unexpected and something else you weren’t expecting still manages to trip you up. So rather than trying to second guess life, stop expecting the unexpected and simply put a contingency plan in place for… [Read More]
What Do You Need to Get out of the Rat Race and Achieve Financial Freedom?
What does it mean to get out of the rat race? To me, the phrase “getting out of the rat race” represents the desire and drive within most of us to live our passions and achieve our goals. If you are living the life of your dreams at a 9 to 5, then the rat… [Read More]
Weekend Reading: Six-Month Anniversary Edition
This week, my six-month giveaway contest came to a close, and I contacted the winners. I will announce them on the site as soon as I have received a confirmation from everyone. I had a decent response rate, although a few entries had to be disqualified due to invalid email addresses and similar problems! After… [Read More]
Is It Worth It to Have an Emergency Fund, or Should I Pay off My Mortgage Instead?
Ever wondered if you should be saving up money in an emergency fund or paying off your debt instead? A long time ago, I looked at whether it was better to pay down your mortgage, or invest the money instead. Today, I’m going to be looking at whether it’s better to keep an emergency fund,… [Read More]
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