From the category archives:
You ever have something that you “know needs to get done,” but the task never makes it way off your to-do list? What about something that specifically had something to do with personal finance? Are there things that you mean to do (start saving for retirement, start an emergency fund, pay down debt) but somehow [...]
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Imagine that you’re with a bunch of friends playing laser tag. All of you are running around trying to tag each other with your lasers. Now imagine trying to do this with a blindfold on. When you fire, did you hit the right person? Did you even hit anyone? Needless to say this would be [...]
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Today I’d like to talk about David Bach’s The Automatic Millionaire. The Automatic Millionaire describes a system that Bach believes can help anyone become a millionaire. The book spans eight chapters and outlines step by step the necessary techniques to give yourself the best chance to become an automatic millionaire.
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This past weekend I had an interesting conversation with a coworker. We had somehow wandered to the topic of our 401k plans. I asked him what his contribution was and he said that he was only contributing 3%. It was the default contribution for every new employee. Our company offers 50% matching on the first [...]
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