Meet the Misers. The misers are an undeniably frugal couple whose story teaches us all a valuable lesson about managing our money. The misers live a boring lifestyle, or at least that’s what everyone says. You see, the misers have experienced economic collapse first hand, and the hardship left a scar of frugality deeply ingrained in their approach […]
Archives for February 2017
Go Figure: 11 Fun Facts about Pets
56 Percent of American households who have pets. 36.5 Percent of households owning dogs. 30.4 Percent of households owning cats. $62.75 billion Total expenditure on pets in 2016. $569 Average amount of money a family with one dog and one cat will spend on Vet visits per year, assuming no surgeries. $1,518 Total cost of Vet visits […]
How to Decide Between an ETF or Mutual Fund?
Hey Money Wizards, So you’ve decided to pass on becoming one of the 99% of stock traders underperforming the index, and you’ve opted for the time tested, Warren Buffet approved strategy of index fund investing. Unfortunately, there are quite a few options for index funds, and one of the most common questions I get is whether […]
Should You Trade Individual Stocks?
You can make money trading individual stocks. Phew, I typed that opinion on a personal finance site, and my web page didn’t implode on itself from the incredulity of thousands of personal finance bloggers across the globe. You see, the common line of thinking in the personal finance blogosphere goes something like this: “You can […]
Are Millennials Starting a Financial Revolution?
The Overton Window is a term used by media pundits to describe the range of ideas the public will accept. In the past, the elite has been able to control the conversation and keep ideas neatly within the window. This applied to everything from politics to career choices. Today, a tiny little thing called the internet isn’t […]