Author Archives: Don

Think Twice Before Skipping Auto Insurance

Think Twice Before Skipping Auto Insurance

In most states, it is a requirement to carry auto insurance. However even with this law, many drivers do not have coverage at all. In the states that do not require auto insurance, many drivers think they are doing the smart thing by saving some money. The truth is you are asking for trouble if you don’t carry auto insurance, regardless if your state requires it or not. Below are the reasons why.Continue Reading

Switching Cell Phone Carriers To Save Money

Switching Cell Phone Carriers To Save Money

Almost daily I read a new story or even see an ad about moving away from the big 2 cell phone carriers (Verizon and AT&T) and going to a smaller carrier. Doing so can save you a ton of money the ads claim. Curious about this, I looked into these secondary carriers to see what they were all about and I was surprised at what they were offering and at the price they were doing so. Below you’ll see what I learned and what to look for when shopping for a new cell phone carrier.Continue Reading

Going To College Is More Important Than The College Itself

Going To College Is More Important Than The College Itself

Here in the US, we have gone from needing to get a college degree to be successful to needing to go to an elite college to be successful. Sadly, this is misinformation that many students (and parents) blindly follow. Below are 4 reasons why it is more important that you simply go to college than it is where you go to college.Continue Reading

Why Asset Allocation is So Important

Why Asset Allocation is So Important

When it comes to investing, too many investors are focused on hitting home runs, in other words, doubling the value of their investments overnight. To do this, they take on too much risk and when the market drops, they lose everything. Frustrated, they claim the stock market is rigged against them and they leave.Continue Reading

4 First Steps To Starting A Home Based Business

4 First Steps To Starting A Home Based Business

For many people, before they jump into self-employment 100%, they start moonlighting or working on the side while still collecting a steady paycheck. For them, working out of the house for their side job is ideal. It has low start up costs and allows you to easily work, no matter what time you feel like doing so. But, there are 4 things that many people tend to overlook when it comes to home based businesses and if you don’t do your homework, you could get shut down or even fined. What are these 4 steps?Continue Reading

Should You Invest In An IPO?

Should You Invest In An IPO?

When it comes to investing, we all want to hit the home run. Not many people are interested in buying shares of General Electric and holding them for decades, earning a decent return along the way. No we want to buy a stock and see its price double by next weekend. Unfortunately, the odds of this happening are rare and even rarer are the odds you actually own the one stock that does double overnight.Continue Reading

The Value of Being Kind

The Value of Being Kind

About a month ago, my wife and I traveled to the Cayman Islands for a week vacation to get away from the horrible winter we had been having here on the east coast. Everything about the trip was great except for one thing: on the flight down, my wife’s checked bag was damaged.Continue Reading

Now Is The Time To Travel

Now Is The Time To Travel

My wife and I just got back from a week in Ireland. We went over for a friend’s wedding and had a great time. It was our second trip over – we went back in 2012, again for another wedding – and the most surprising thing between the trips was the cost. It cost us much less this time around than last time. Here’s why.Continue Reading

Planning For Your Death

Planning For Your Death

You might be wondering why I am talking about death on a site whose target audience is 20-somethings. Unfortunately, we cannot choose when we will pass and though the odds are in your favor to live a long life, there are outliers and some people do pass away sooner rather than later. As a result, it is important that you take the time to make sure you have the important documents in your life lined up. Here are a few things to think about having.Continue Reading

Motivations For Saving For Retirement

Motivations For Saving For Retirement

A quick internet search shows that college grads are still barely saving anything for retirement. And how can you blame them? Aside from the difficulty in finding a job and high student loan repayments, the fact that retirement is decades away gives many the false sense of hope that they can catch up at a later time.Continue Reading