Tag Archives: personal finance

5 Ways to Ensure Financial Security

A survey by the Pew Charitable Trusts this year revealed that nearly half of Americans don’t feel financially secure. One-third of American families have no savings, 57% said they’re not prepared for a financial emergency, and 55% of families barely break even with their finances every month or actually spend more than they earn. These are pretty dire circumstances for…

5 Reasons Why Financial Advice Should Be Taken With a Grain of Salt

If you’re a frequent visitor of personal finance blogs or websites, you’ve read plenty of financial advice and rules of thumb. Since the information that’s fed to you is compiled for mass consumption, you should take each advice with a grain of salt. The information can vary wildly depending on the source and, more often than not, it reflects the…

Your Short Term Thinking of Personal Finance is Hurting You

For nearly three years, I worked at a pension fund that managed and protected the retirement funds for half a million teachers, state patrol officers, snow plow drivers and other public workers. If you pay attention to the retirement industry, you know how polarizing these public pensions can be. However, regardless of where you land on the political spectrum, there…

6 Things You Should Always Negotiate Pricing On

If you’re like me (and probably everyone else for that matter), I’m always looking for the best deals when it comes to making a buying decision on a product or a service.  But I always take it a step further by negotiating the final price:  It’s all part of my money saving techniques to help keep more money in my…

3 Ways the Sharing Economy Can Help You Save Big

Sharing resources among friends, family or neighbors has been a common practice for centuries. Whether you need a cup of sugar or a ride to the airport, most of us have become accustomed to tapping into our networks for a little help. But now, with the rise of what is known as the “sharing economy,” sharing resources isn’t just something…

Tips & Tricks on Buying a Car: How to Win the Car Game

Car salesmen are notorious to be the best salesmen out there. From the moment you walk into a dealership, they have a meticulous game plan on how to win your business. Recently, I was in the market for a new (used) car. I decided to stop by the nearest dealership from my house to check out their inventory. Of course…

Do You Have a Fear of Spending? Here’s How I Managed It…

When I was 19 and on my own for the first time, grocery shopping was always a struggle. Not only was I completely clueless when it came to cooking anything besides spaghetti, but the thought of handing over such a huge chunk of my money at the end of every shopping trip made my stomach churn. I was terrified of…