Here is the second part to my Buffett Quote series.
"I buy expensive suits. They just look cheap on me."
"Someone is sitting in the shade today because someone planted a tree a long time ago."
Sunday, December 2, 2012
Saturday, November 24, 2012
Forget Black Friday! If you have an American Express card, I urge you to take advantage of their Small Business Saturday promotion. Sign up on their website and you can get a $25 credit for buying something at a small business. Most local restaurants and stores count so treat yourself to a nice meal while helping your local businesses. Just make sure you spend at least $25 in one transaction after registering to get the credit. It is too good a deal to pass up!
Tuesday, November 13, 2012
So I haven't posted in almost a month now mainly because I've been pretty busy with school work. I thought I'd try to do a series of posts on something I've been wanting to do for a while which is talk about some of the great quotes from one person I admire greatly (along with many others), Warren Buffett. Here is the first part of my series with two quotes I pulled.
Saturday, October 20, 2012
Saturday, October 6, 2012
I found a very interesting video online that matched the theme of my last post on password security. We all access information online nowadays and it is important to keep vigilant when connecting to important financial accounts. Always be on the safe side when browsing the internet and make sure you have up to date security. I use Microsoft Security Essentials but just make sure that whatever software protection you use is up to date.
Saturday, September 29, 2012
Saturday, September 22, 2012
Sunday, September 9, 2012
Monday, August 20, 2012
I apologize for the small image and the late post but I have a small treat today. I've uploaded a link in this post below if you are interested in downloading it and playing around with the spreadsheet. This is a simple little excel model I created to project one way of how to plan for retirement. I'll quickly talk about how to think about this tool and how to use it.
Sunday, August 5, 2012
Sunday, July 29, 2012
401(k) and the IRA separately before, but I thought I'd do a more consolidated post comparing the two. There are two main types of accounts that you can use to get tax advantages to save for retirement and they each come in two forms. The two main types of accounts are 401(k)s and IRAs and the two forms are traditional and Roth.
Sunday, July 22, 2012
I haven't blogged about one critical tool almost everyone has for their personal finances: the savings account. I've introduced bank accounts before and analyzed what are the important features to look for in a bank account, but I don't think I've specifically addressed which are the best bank accounts to have. In a savings account, you really only care about 3 things: convenience, security, and returns. You want it to be easy to use when checking your balance or making transfers, you want to make sure that your money is safe, and you want to make sure that you are earning as much as you can on your savings.
Sunday, July 15, 2012
There are always two sides to the financial health equation. The past couple weeks I have been taking a closer look at the expense side of things, analyzing how much I spend on food, transportation, and bills this year compared to last year. Why do we automatically think that budgeting means controlling our spending? There is the income side that you need to look at as well. The thing is that controlling expenses is relatively easy while increasing your income can be difficult to do, at least in the short-term. However, arguably there is much more potential to improve your financial health by increasing your income.
Sunday, July 8, 2012
Although it sounds extremely dorky, I actually enjoyed looking at the data and making the charts for my last post looking at my credit card rewards for the first half of this year. I took a slightly more in depth look at my expenses overall, especially with my handy budgeting app, and wanted to share the results.
Sunday, July 1, 2012
Some of the benefits of budgeting is that you can get a really good look at how your expenses shape up year after year. Are your consumer habits changing? Maybe you didn't realize that eating out every day rather than every week was having that big of an impact. Taking the time to check with a budget can be really helpful. I am going to take a look at my records for the first half of 2012.
Sunday, June 17, 2012
Sunday, June 10, 2012
whether you should file a tax return or not, but when you begin to fill out the paperwork necessary to begin working, you'll likely come across the W4.
Sunday, June 3, 2012
Sunday, May 27, 2012
Sunday, May 20, 2012
Sunday, May 13, 2012
Saturday, May 5, 2012
As a young adult, we often try to focus on increasing our income as much as we can. Students with part-time jobs don't earn very much, so it's important to find alternate sources of income. Passive income from dividends and interest don't amount to very much unless you already have a lot of money and alternate sources of income generally amount to other part-time jobs. However, especially for college students, research labs provide an excellent opportunity to make a little money on the side by simply giving some time to fill out surveys or participate in simple experiments.
Saturday, April 28, 2012
Saturday, April 21, 2012
secured accounts and can offer lower rates.
Saturday, April 14, 2012
Saving Advice and I must say how mildly disturbed I am by my own fascination with the place. Most of the people on the forum are well established adults, so it feels a little weird as a college student. Most people (from what I've read) already have a family and a mortgage and a lot of retirement accounts. But what I'm most impressed with about the site is its quality.
Saturday, April 7, 2012
Sunday, April 1, 2012
Sunday, March 25, 2012
Saturday, March 17, 2012
why you should use a credit card and my recommendations for credit cards, I have yet to actually describe the process of applying for one. I thought I'd spend this week's post explaining the process in detail, specifically applying online and receiving the card in the mail a few weeks later.
Saturday, March 10, 2012
retirement post has been one of the most viewed. In order to make some of those dreams more realistically achievable, I thought I'd write another post looking at my idea of an ideal retirement strategy. I will talk about the basic strategies that go into investment planning and how that will apply to planning for retirement.
Saturday, March 3, 2012
credit score which should benefit me in the future after graduating. I raise my credit score by charging a small balance on each one and keep these balances low relative to my credit limit. This helps show credit companies that I know how to manage my credit effectively with low risk which in turn raises my credit score. This often results in balances of maybe a couple dollars since I just buy one thing from the grocery store or a fast food restaurant. Amazingly, after just one month of starting this, I came across a very interesting phenomenon.
Saturday, February 25, 2012
Saturday, February 18, 2012
So I thought I'd share a very useful tool we could all use to improve productivity if you ever work with excel. A lot of people who use Excel don't use the programming side, and you do need some programming experience to get adept at it. However, there are some useful tools you can use even if you aren't a programmer. If you plan to never touch excel, then you can feel free to stop reading here. But I think these techniques can be really helpful if you ever need to sort or make sense of a lot of data. This is probably most useful if you are in some kind of corporate role and need to organize excel data.
Saturday, February 11, 2012
whether or not you should file your own tax forms, but before learning about the forms themselves, it may be good to learn a little bit about tax strategies to minimize your bill to Uncle Sam and maximize how much in cash you take home from your hard work. There is a way you should approach your taxes so as to maximize the cash that reaches your pocket and it is good to learn these early so that they can work to your advantage for they ears to come. I also go over some of the basics in an earlier post on taxes.
Saturday, February 4, 2012
Saturday, January 28, 2012
Saturday, January 21, 2012
After looking at my credit cards in 2011, I have decided to pick my favorite for those of you looking for a new card in 2012. Keep in mind that if you are new to credit cards, you may want to try to get a student credit card first or ask your parents to add you to one of their credit lines before applying for your own. Well, without further ado, my pick for 2012 is the Chase Freedom card.