How Liquid is Peer to Peer Lending as an Investment?

How Liquid is Peer to Peer Lending as an Investment?

Over the past several years, I had heard a lot about peer to peer lending as an investment option. Being the curious investor that I was and still am, I decided to give it a shot. There’s no better way to learn than from personal experience. Unfortunately, my two year stint has not proven successful and I am doing everything I can to get out of this investment. Here’s why everyone should think twice before making the plunge.Continue Reading

Home Budgeting 101: 5 Steps to Budget Your Dream Home

Home Budgeting 101: 5 Steps to Budget Your Dream Home

Do you want a cute cottage on the lake, a mansion in the most prestigious part of town, a bungalow on a large chunk of property, or something else? It’s possible to live the life of your dreams if you save enough money. So, if you’re ready to make your dream home a reality, take a look at these five steps to budget for it.Continue Reading

8 Things to Remember When Budgeting For a Vacation

8 Things to Remember When Budgeting For a Vacation

The average vacation cost for a family of four is an astonishing $4,000, a not inconsiderable amount for most Americans. Here are seven expenses that every vacation budget should include.Continue Reading

Would You Sacrifice Salary for Other Benefits?

Would You Sacrifice Salary for Other Benefits?

If you are a NBA fan like me, you know that it’s free agency period in the NBA right now. Many of the superstars are evaluating their options and there are a number of rumors flying around that several players will take huge pay cuts to play on a team that has a chance of winning a championship. While there appears to be mixed feelings about what a professional athlete should and should not do, it has got me thinking if I would do the same. Should an employee turn down larger offers to work in a preferred setting?Continue Reading

Getting Smart With Your Money

Getting Smart With Your Money

When I graduated college, I had about $4,000 in credit card debt and $15,000 in student loan debt. I thought I was going to find a job quickly, but that didn’t happen. In fact, I found no work at all. I became depressed and ended up overspending on my credit card. In the end I was in debt $25,000 ($15,000 in student loans and $10,000 in credit cards). I hated that I was paying money to someone else instead of being able to save and invest it so that it could grow into more money. I decided to get smart with my money and take control of it.Continue Reading

Improve Finances by Giving Away Stuff (for Free)?

Improve Finances by Giving Away Stuff (for Free)?

Over the past few months, as my wife and I adjust to living in Boston, there has been a recurring thought. Since moving several hundred miles from where we used to call home, my wife and I have realized that we have a lot of stuff. Too much stuff. Here’s the logic behind my plan to change all of that.Continue Reading

The Two Ways to SAVE: Which is BETTER?

The Two Ways to SAVE: Which is BETTER?

One of the several ways to differentiate one budgeter from another is their savings method. As far as I can tell, there are two groups of people when it comes to their savings methods. Of course, within each group there are many variations, but on the surface, there are two ways to save. Here’s the advantages of both, and why I prefer one over the other.Continue Reading