Do you know what I think is the most perfect physical expression of financial independence? Mr Money Mustache would have you believe it is riding your bike, and that’s a strong case, but at best I’m a part time cyclist. I have a seven-mile ride to the train station and I will freely admit to picking and choosing my battles with the elements. I’m not short of opportunities in the day for overcoming adversity without adding cycling through the rain.

[Read more…] about Pull Yourself Up Financially And Physically

Take 40 hours per week over a 45 year career, throw in one hour of commuting each working day and you come up with 105,300 hours of your life that you give to your employer.

That’s 13,163 work days where you’re slaving away 9 to 5, taking orders, giving orders, punching clocks, playing office politics, and slowly being worked to death.

Unless you can do something to break the cycle, you’re part of the working dead.

[Read more…] about Are You Part of The Working Dead?

Why High Schools and Colleges Need to Start Requiring Personal Finance Education

Nearly half of adults claim they are inadequately prepared for retirement; with consumer debt again rising to historic levels; and with fewer than one in 10 adults able to come up with $1,000 to cover an emergency expense, it’s not too much of a stretch to say that America has a financial literacy problem.

Young adults especially are unprepared when it comes to making important decisions about credit, borrowing and saving. This is why more economists, educators, and parents are demanding that we begin to teach personal finance in high school.

[Read more…] about Teaching Personal Finance 101 in High School