Yes, you only live once. That is an inescapable truth that applies to us all. What is not true is that you have to "just get by" financially in order to really live. You can really live right this very moment and save for your future.
Being student-loan-free means I'm old. As in, I should have my life figured out by now. I should be married (which I'm not), have kids (which I don't) and know what I want to do career-wise (again, I don't). I'm almost 29 and don't know what the rest of my life will look like.
It didn't take me long to realize what Chipotle was really doing by adding tofu (aka Sofritas) to its menu: It had cleverly devised a way to get vegetarians to pay more for a meatless burrito. Now, vegetarians can spend just as much as omnivores.
Six digits of debt are intimidating, especially when you're a single homeowner. But at 29 years old and just 15 months after buying my house, I've already paid $100,000 off my mortgage.. and I plan to pay the other $155,000 off before I turn 31.
It took a mandatory Securities and Exchange Commission filing, but McDonald's appears to have finally acknowledged the obvious in its recently-issued 2013 annual report: it may have to pay its workers more money.
Reaching financial independence requires some effort, sacrifice, and learning on your part. Many people shy away from planning their finances because they lack an understanding of economics and financial markets. I've found that managing finances wisely depends on some basic principles that anyone can understand.
Even if you don't get a traffic ticket, cause a car accident, or have a teenage boy in the household, you could end up paying more for insurance for these five lesser-known reasons.
Merchants basically get it -- to many of them, Groupon looks less like an innovative advertising mechanism than a loan broker, arranging bundles of small loans from consumers, and taking a substantial cut... Consumers don't often see this side of the equation.
Consider this scary statistic: In 2010, four out of 10 families headed by someone age 45 to 64 had nothing set aside for old age.
Even when confronted with evidence that their attitudes and behaviors harm others, the response is a stark lack of empathy or insight and ruthless callousness. If that weren't bad enough, there's the vengeful intense anger and rapidly shifting moods to contend with.
For those of us in the early part of our financial life-cycles, the little things can make a big difference. This is especially true for student loan borrowers like myself.
The next time your broker wants to discuss picking mispriced stocks or selecting the next "hot" mutual fund, switch the focus to the amount your portfolio is allocated to international stocks.
Here goes: closing or canceling a credit card starts a snowball effect that will give your credit score a wallop it may not be able to stand.
Because everyone's search, just like every one's passion, is different. There IS no one right recipe. No matter how many followers on Twitter, how slick the web site or Facebook page or how alluring the cover of the book. There is no one right recipe.
It's been a rough winter for most of the country. And, if you think Mother Nature hits hard, just wait a few weeks until Uncle Sam gets a crack at us.
As you start to gather your documents and tally your receipts for your taxes, don't forget to write off your kids! There are many tax breaks you can claim with Uncle Sam if you have children and some you may not even know about.
When it comes to retirement, we could be talking decades. That's a long time to keep your eye on the prize and stay actively committed.