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What Debts and Bills Should You Pay First If You Run out of Money?

By Guest

The following is a guest post by Frank Collins. Most people run into financial difficulty at one time or another, when the money they have just does not stretch far enough to pay for all of the bills and expenses. Unfortunately, there is a tendency for these difficult times to snowball especially during more difficult… [Read More]

Filed Under: Opinion, Paying Down Debt, Saving Your Money Tagged With: Credit card, debt, debt consolidation, Loan, money, Payment, personal finance, Unsecured debt

Gold Versus Fiat and the Mother of All Bubbles

By Kevin

The price of gold has recently been shooting through the roof. As of the time of this writing gold is hovering near $1870. It seems like only a short while ago when I was wondering if $1500 was near. What’s going on with the price of gold? Is this the beginning of a mania phase… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Miscellaneous, Opinion, Philosophy, Precious Metals, Saving Your Money Tagged With: bonds, Canada, central bank, credit, currency depreciation, debt, economics, economy, education, federal reserve system, fiat money, finance, gold, Gold as an investment, gold confiscation, gold conspiracy, home ownership, housing bubble, index funds, inflation, interest rates, lifestyle, monetary policy, money, Money supply, mortgages, paper gold, personal finance, politics, retirement, riches, savings, sovereign risk, speculative bubble, stocks, United States, Warren Buffett, wealth

How Much Should I Save, and Why?

By Kevin

Me: Baby, how much should I save, and why? Her: How much? A lot. Why? To make me happy. We each have our own reasons for saving… what are yours? How much should I save, and why? Before we can answer this question, we need to ask another question: What is my time preference? In… [Read More]

Filed Under: Growing Your Wealth, Investing, Market Analysis, Miscellaneous, Opinion, Paying Down Debt, Philosophy, Saving Your Money Tagged With: bonds, credit, credit cards, currency depreciation, debt, economy, education, finance, gold, health, home ownership, housing bubble, index funds, inflation, interest rates, lifestyle, money, money management, mortgages, motivation, mutual funds, personal finance, personal growth, planning, politics, rat race, retirement, riches, Saving, savings, self help, self improvement, sovereign risk, speculative bubble, stock market, stocks, wealth

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

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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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