Your Financial Makeover, Step #2: Budgeting and Saving

Ok, let's do this. This is part 2 of the 2006 financial makeover (see step 1), where you take control of your money. By the time we're done, you'll have 2 things: 1. An infrastructure of budgeting and saving. This will let you make conscious decisions about your money, rather than opening your statements at the end of the month ...

Some comments from last week

Last week's post produced over 30 comments from readers. My favorite: For everyone who is saying they are stressed or worried they might lose money investing, this week is not about WHERE to invest your money. This biggest hurdle you can overcome is just getting started. Don't let irrelevant details get in your way. Dont worry about index funds or ...

2006 Makeover, Step #1: Get your accounts in order

Last week I wrote an article about getting your finances organized for 2006: I'm going to kick some personal-finance ass--yours. Today we're going to start 2006 off by getting your money organized. Here's the deal: We'll begin step-by-step, starting with your spending (where are you spending money?), getting your accounts straightened out (are you paying fees?), and getting ready to ...

I am going to kick some personal-finance ass–yours

Welcome to 2006. This year is the one where I'm going to help you take control of your personal finances and start investing for the future. This is in contrast to most people, who have no clue where they are spending money, what investing really is, or why it's important. Think of me as your drill sergeant, only a frail, ...

My Free Insider's Kit will show you how to earn more money

Cheap versus frugal

Everybody knows a cheap person, and probably hates them. But I think we often mislabel frugal people cheap. These are just my opinions, but here's what I think differentiates the two: Cheap people care about the cost of something. Frugal people care about the value of something. Cheap people try to get the lowest price on everything. Frugal people try ...

Personal finance isn’t hard — in 99 words

Personal finance isn't that hard. If you have been procrastinating on starting to manage your money and to invest, today I am going to break it down in fewer than 100 words. With no punctuation or capitalization. (Just for fun.) yes it's so scary that you have this big looming worry of money but the truth is you dont have ...