I’m still busy building cash. Recently, I’ve decided to split my cash savings into two different accounts. Half will be going to my current savings account and the other half to my brokerage account. There are a few reasons why I’m taking this approach. Here is a quick summary. Too Much Cash? I don’t consider […]
I’ve been busy recession proofing. Many analysts say that a recession is coming, and many believe that we are already in one. So, what can you do to prepare? Here is how I’ve been preparing. No Debt One of the best ways to ride out a downturn in the economy is to get rid of […]
Finances will often be an essential resource for every company, with successful corporations and startups looking for ways to increase their profits while minimizing losses. Unfortunately, events such as fire hazards, malware attacks, and poor management will often hinder this, resulting in unforeseen expenses. Below, we look at ways companies can safeguard their finances for […]
Medical bills can be unavoidable and have a big impact on your overall quality of life. This doesn’t mean that you can’t do anything about them, and here are five tips you can use to cut costs while dealing with medical bills. 1. Ask for an Itemized Bill Rather than have your bill delivered in […]
If you drive, then you are probably experiencing some pain at the pump. Gas prices have skyrocketed in recent months and filling up has gotten considerably more expensive. Short of trading in your car for something more fuel efficient, is there anything you can do to save some money with your current vehicle? Here are […]
How are you saving? I recently wrote an article on having an emergency fund, and part of having such a fund entails actually saving up money. So, how does one save up money? It seems simple, but like everything, you should have a strategy. Methodology My basic formula for saving up cash is to use […]
I can’t understate the importance of an Emergency Fund. Recently, I had a string of expenses, and if I hadn’t had cash saved up, then I might have found myself in debt.
They say when it rains it pours. That recently happened to me. In the past two weeks, I had to replace the battery in my tractor, take my truck to the dealership for service, and replace a power vent for my furnace. In all, I was looking at about $650 in expenses. While not a lot in the grand scheme of things, it was still a decent amount to shell out in such a short time.
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Writer and Investor. Based in the Pittsburgh, PA area, Brian holds full-time employment as a Warehouse Manager for an electronics firm. Brian enjoys wealth building, investing, gardening and the great outdoors. Brian holds a B.A. in Environmental Studies from the University of Pittsburgh and an MBA from Robert Morris University.
As of the writing of this article the markets have been down the past 6 trading days in a row. The Nasdaq is off over 14% from its all time high, and it now deep into correction territory. What is an investor to do? The best advice that I can give is to not panic. […]
I was doing some yearend financial bookkeeping and realized that I made over $35,000 in dividends in 2021. Dividends aren’t the main focus in my portfolio, but a lot of my holdings pay them. I like dividend investing as a passive income strategy, and I think every investor should be focusing on at least a […]
Should you take equity in exchange for salary? Equity payments are common with many start-up companies and some mature companies. They allow younger companies who may be lacking in cash to save on salary by offering their employees alternative means of compensation. Larger corporations may also use this strategy to attract and retain talent. Think […]