Tag: finance
-
10) Looking at Income and Expenses
We have looked in a previous post (Where to Start on Your Finances) about how to look at your net worth by making a personal balance sheet. Now that you have determined where you stand, let’s look next at your income and expenses by making a personal income statement. For this statement, we will look…
-
7) Where to Start on Your Finances
So you have decided that you want to get on the right track with your finances. Maybe it’s because you want to travel to Rome and explore Vatican City, or maybe it is just because you are sick of living paycheck to paycheck. Whatever the reason, let me start by congratulating you. This decision is…
-
6) Credit – Why You Need it Now!
“Don’t get a credit card, just use cash, and only pay for things you can afford.” This was my parents mantra as I grew up. The idea has been popularized by Dave Ramsey – a favorite by my folks for his ability to help change personal finances. I am very glad that my parents taught…
-
3) My Views on Money
Money is a topic where everyone has something to say. You can find someone who will state adamantly that you should spend every dime (or even more) to make sure that you enjoy life. But it is as easy to find someone stating the opposite: that you should never spend anything in order to save…
-
1) Why Start this Blog?
Money: they say it makes the world go ‘round. All of my childhood, and even through the first part of my college career, I believed this sentiment as much as anyone. Why else would I have spent every waking hour working on my double-major of mechanical engineering and business administration? I knew that I wanted…