Worldwide Success

If anyone ever pitches you an investment opportunity but they never talk about the risks involved, run away.  If a financial advisor does not take the time to explain to you the risks associated with different financial options, fire him.  If you are considering starting a new business, but you don’t understand the risks involved […]

As the subprime loan mess continues to unfold, US homeowners are increasingly failing to keep up with their mortgage payments.  According to RealtyTrac, a mortgage research company, the number of foreclosure filings increased by a whopping 68% in November compared with the same month a year ago.  You must have heard of the Millionaire Next […]

The great thing about this time of the year is that we have a chance to pause, reflect upon the year just past and bring closure to another milestone.  It is also an opportunity to start anew and start planning positive changes that will get you closer to what you want to achieve in life.  […]

Identity theft is one of the fastest growing crimes in America.   According to the FTC ten million Americans have their identity stolen or misused every year, creating a loss of $5 billion to consumers and $48 billion to businesses.  What can you do to avoid becoming another victim of identity theft?  There are many steps […]

Financial planning is a very important activity that will help you reach your financial goals and achieve success.  Some aspects of financial planning can be done by yourself, but as you start reaching higher levels of financial success leading to increased complexity in your financial life you may need the help of a financial advisor.
Financial […]

Insurance is a necessary evil.  Sometimes you feel like you just pay and pay and get nothing in return, until the day comes when something unexpected happens.  And when the unexpected happens, if you don't have insurance you could end up in a big financial mess.  People that are financially savvy understand the importance of […]

Did you realize that the average American works until April 30th for the government?  That is right.  April 30th is Tax Freedom Day. That is the day when you are free to start working for yourself.
According to the estimates from the Tax Foundation, 120 days out of the year, from January 1st to April 30th […]

A fender-bender - what a perfect way to ruin your day.  That precious little piece of metal that you take such good care of suddenly gets smashed.  Ouch!   It hurts.  You blood pressure goes up.  Your face turns red.  How did this happen?  You look for blame.  You run multiple scenarios through your head… what […]

The beginning of the year is the best time to review how we did against our budget in the previous year and to put together a budget for the current year.  Unfortunately, many times what we find is that we blew our budget.  We spent more than we should have, sometimes for reasons out of our […]

You can’t manage what you can’t measure – it’s an old cliché, but it is very applicable to financial management.  If you are to be successful with your personal finances, you must start measuring your spending (see the article “How Much Should you Save?”), the return on your investment, your net worth, etc. The problem […]

This question may seem a bit strange as our worth may mean different things to different people.   We are strictly talking about your financial worth here.   How can we measure how much we are worth?   And why is this question, which may seem a bit uncomfortable to some people, so important? One of the key […]