By Eric Saving money is hard. If it was easy, everyone could do it. We wouldn’t have the consumer debt crisis we have. We wouldn’t be struggling with financial literacy. We probably wouldn’t have Thriving Millionaires. But the fact is, it isn’t easy. Because it isn’t easy, it’s important to figure out a system to … More Automating Savings
By Eric We’ve talked about diversification here before, and diversification is the lens through which I make the assertion that you shouldn’t (overly) invest in the company you work for. This claim generally is met with resistance and hesitation by most people I’ve talked to about it. Many of us, when we start with a … More Why You Shouldn’t Invest Significantly in the Company You Work For
By Eric First, let’s get my bias out in the open because I think it’s important for you to understand where I am coming from relative to this topic. I am a big fan of ETFs. The majority of my personal portfolio is held in ETFs, and that percentage is ever-increasing after I learned more … More The Case for Investing in ETFs
By Patrick Investing is one of those activities that makes one sound older and wiser. Why is that? Oftentimes, those who talk about investing are the ones who have done well at it. I think many people in their twenties miss the boat on investing at a young age and taking advantage of compound interest. … More The Case for Investing in Individual Stocks
By Eric So you understand that planning without goals is folly. That’s a great first step. The next step then, is to figure out what those goals should be. The problem becomes that those goals can often seem out of reach. For example – you are engaged and planning to get married, and you believe … More Breaking Down Big Goals
Ever wonder what it’s like to bank with Marcus by Goldman Sachs? One of us did – here’s what you need to know about the experience.
Continue Reading … More My Experience with Marcus by Goldman Sachs
Paying for college may not be all about saving in advance via ESAs or 529s. Building streams of cash flow during college years may work well given certain situations,
Continue Reading … More Paying For College: Use Cash Flow Later
By Patrick College has become what high school was decades ago. As children, we’re told that we can’t be successful without it. Most good careers or entry-level corporate jobs require some sort of bachelors degree. The only problem with this situation is that as college has become more of a necessity, it has also become … More Paying for College: Save Now
A simple concept to grasp and apply, the idea of buying stock rather than “stuff” won’t be the right approach to building a portfolio – but can be a fun way to think about changing spending habits.
Thriving Millionaires 