I’m trying to raise my kids to be Money Kids. So what exactly do I mean by Money Kids? These are kids that have knowledge of the dangers of credit cards, the monetary value of things, what an interest rate is and how it’s used, and how to saving money to become financially independent some day. I’ve… Continue reading Raising Money Kids, Helping The Next Generation
Category: Wealth
Staring at the Financial Crossroads
Some days (this one in particular), I feel like I am staring at the financial crossroads in my life. I’m debt-free (including my mortgage), I have a 401K that is coming along nicely, a Roth that I haven’t contributed to yet this year, and a regular brokerage account. By most measures, I’m doing okay. I’m… Continue reading Staring at the Financial Crossroads
If I Were Rich Today!
I’d buy a yacht, maybe… Okay, I wouldn’t really buy a yacht, that would be too rich for me even if I had the money… Although I might rent one for a few hours or maybe even a day during some future (after becoming rich) vacation! For me, the definition of rich would be: where… Continue reading If I Were Rich Today!
Giving My Kids A Head Start In Building Wealth
I would like for my son and daughter to have a shot at becoming wealthy when they are older! So what is a middle income earner like me to do? My “Work in Process” Plan Basically to contribute $2,000 per kid until they are 21, then hope they build upon the base that I created… Continue reading Giving My Kids A Head Start In Building Wealth