When to Rent a Home Instead of Buying

The Federal Reserve found that in 2016 the median homeowner's net worth was $231,400 while the average renter's net worth was $5,200. Certainly, it makes sense for your long term wealth for you to ultimately be a homeowner. However, sometimes you should rent a home instead of buying one. If you move to an area …

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Guide to Buying a Used Vehicle

With the technology available today, buying a used vehicle has never been easier.  That's what all the web-based vehicle listing services want you to think!  The truth is that buying a used car can be time consuming and stress inducing.  Let's look at a few techniques, tools, and tactics to make the process easier, more …

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12 Things Successful People Do

Successful people are an interesting study.  They are very different, yet share very similar traits in a lot of ways.  There are many studies, books, movies, etc. on those that are deemed successful in the world.  This list is based on my own personal interactions and experiences with successful people.  I do not see this …

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Starting a Business Series: Cash Flow

When you start a business cash flow can quickly bring about anxiety, then euphoria, then anxiety, then euphoria....you get the point.  Cash flow can be tough to manage when you start a new business.  I encourage taking the emotion out of the cash flow situation for the first year or two by being strategic.  You …

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Starting a Business Series: Financial Risk

Starting a business can be exciting and fun but it can also be very intimidating and scary. Mostly, this comes down to the financial risk involved. When you start a new business you are usually starting from ground zero financially. You may not see income for weeks or months to come. This can lead to …

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Should Parents Pay For Their Kid’s College?

Do you believe parents should pay for their kid's college?  A lot of parents believe that they should.  There are also a lot of parents that believe if their kid goes to college they are on their own to pay for it.  Let's first look at who I think shouldn't. If you are in Financial …

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Highlights from Warren Buffet’s Annual Letter

Each year, we all (or at least I) eagerly anticipate Warren Buffet's Annual Letter to Shareholders. It's such an awesome read in so many ways! Not only does it give a great summary of what happened over the past year at Berkshire but it also provides amazing financial advice, a good read on the economy …

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