We get more conservative with investments as we get older

As we get older, we naturally get more conservative with our money. That's why, when we're young, it pays to be aggressive with our investments. I like to drive fast. A few days ago, I drove on a long trip and realized something: It's probably not worth it to drive so fast. I ran a quick calculation and discovered that, ...

Another way to budget

I've written about the importance of creating a budget before. But I just got an email with another idea: Regarding savings and expenses - there's an easier way to manage. Most people have trouble keeping track of expenses. The easier way? Just decide how much you want to save each month and automatically transfer that into savings then spend the ...

I totally blew my budget…now what?

Just got back from New York yesterday. I was there visiting friends, partying, and doing some business. I had some especially memorable times, including eating 10 slices of pizza in 4 days, getting utterly shut down by some women, and wondering how the hell my investment banking friends work until 1 AM EVERY DAY OF THE WEEK. Anyway, I also ...

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