I learned personal finance in reverse. It seems, at least to me, that the natural progression in personal finance land tends to be: 1. Get in a financial crunch 2. Have an epiphany 3. Concentrate on getting out of debt 4. Learn the language of corporate and institutional finance 5. Start investing for a good […]
Read MoreCategory Archive for Personal Finance | Yakezie.com - Part 17
The Hidden Costs of Brand Loyalty
When my wife began clipping grocery coupons a couple of months ago, she learned something surprising. In her words, “I discovered that I had a loyalty to certain brands of coffee, laundry detergent, ice cream and quite a few other items. The strange thing is that these products were not necessarily better or cheaper than […]
Read MoreBefore You Become A Millionaire, You Must Become A Thousandaire
Hello Yakezie brothers and sisters. I’m Kevin McKee from Thousandaire and this is my Yakezie Member Post. I want to take this opportunity to talk about what makes my site unique and why I do things a little bit differently than any other site I’ve seen. Let’s start with the “why” first. I believe there […]
Read MoreFinancial Success for Young Adults
Hi, my name is LaTisha and I am the force behind Financial Success for Young Adults. It’s funny that I teach finance now because I was never really a math person. In middle school and through most of high school, I hated math. My favorite subjects were art, english and lunch. But I am a […]
Read MoreIncome Diversity Is A Necessity
After writing at The College Investor for over two years, I’ve started to see a common pattern in my thought process. And events that have happened in my “business” life have really helped me to hone in on my philosophy. I’m calling it income diversity, and I’m writing about it at My Multiple Incomes. Basically, […]
Read MoreDon’t Let Time and Risk Aversion Be Your Enemies
Missed Opportunities of the Past I use to be the kind of guy that would think of an idea or process but miss out on acting upon it. Then later, I would read that someone else had since taken my idea (not intentionally, of course) and made the best of it. Oh, the person never […]
Read MoreI Can’t Help You Budget If You Can’t Help Yourself
I thought I’d share some situations involving loved ones and money where I just finally gave up. Maybe you can relate to some of these stories; you may have some of your own. The main takeaway is that success in personal finance is due to work. Not necessarily hard financial work with calculators and miles of spreadsheets, but actually having a plan and […]
Read MoreWas The “Lost Decade” Really Lost For Investors?
A topic that is commonly discussed these days in the personal finance community is something called, “The Lost Decade.” In fact, while I was recently reading several financial magazines, I found out that many would-be experts would have us believe that the past 10 years were completely useless for investors. Quite a bold statement if […]
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