Can you Make Money on Wefunder?

Wefunder is a crowdsourcing site that links investors with startup businesses. There are a multitude of investment types and nearly endless startups to invest in. But can you make money from Wefunder? The answer put simply is yes. The more complex answer is it … [Read More...]

Investing

rule of 72

How Understanding the Rule of 72 Works Can Build You Wealth

Understanding the rule of 72 can help you figure out if an investment is worth putting your money in. It can also help you build wealth by comparing various investments. What is the rule of 72? Simply, it is a formula that will tell you how long it will take … [Read More...]

Infographics

Facebook vs Google Infographic

Midweek Infographic – Facebook vs Google

A small tech company went public recently.  The news hasn't covered it much so you may not have heard of the tiny Menlo Park firm by the name of Facebook.  Obviously, I'm being a little sarcastic here.  The onslaught of news coverage and investor interest has … [Read More...]

personal reflection

Personal Reflection 2, June 2020

Today is the last day of June. This personal reflection closes out the month and looks forward to July. Things have slowly been reopening, but we have a long way to go before things will be normal again. Work is busy and even benefiting from the pandemic, so I … [Read More]

debt is bondage

Credit Card Reward Stacking

Credit card reward stacking is a concept to stack multiple offers to receive the most savings possible on your purchases. Using your credit card to earn things like cashback, airline miles, or hotel credit can be a smart financial strategy. But there is a way … [Read More]

Corn hole board project during lockdown

Personal Reflection for June 2020

It’s hard to believe that it is already the middle of June. This personal reflection for June 2020 is going to be some random thoughts and events that have been going on in my life. I’ll save a financial update for another time, since not much has changed … [Read More]

sometimes it's better to keep money out of the bank

What is a Negative Interest Rate?

What is a negative interest rate and how do they work? A negative interest rate is an unusual and extraordinary monetary policy whereby a central bank or private bank charges a negative rate. The result is that you will be charged a fee to hold money in the … [Read More]

Personal Financial Update June 2020

Personal Financial Update June 2020

June has arrived and with it my personal financial update, June 2020. Our pool is open, the garden is planted, and we were able to do our first kayak trip of the season on the river near our cabin. The world is still in turmoil, as the coronavirus is still … [Read More]

Assets that Increase Your Net Worth

  Buying assets that increase your net worth is a key strategy to building wealth. There are nearly endless assets that you can buy that will help you increase your net worth. I’ll narrow it down to a few of the more common ones that the average … [Read More]