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Yes, Money Spoils - Saving is Not Enough

Posted by Michael

Wikipedia defines:
Inflation is the rise in the general level of prices of goods and services in a given economy over a period of time.
20 years ago, the median price for a home in the United States was $112,500.00. Today, that kind of money might get you a super-car, but not the average home. $251,000.00 is […]

You’re a Terrible Business Person

Posted by Michael

People who start businesses decided one of two things to be true, maybe both.

I’m not going to make enough money working for someone else.
I have a talent/good/service that I can use to get paid.

So, you’re working for company X making however much money they decided to pay you. Aside from having taxes auto deducted from […]

Your Bank Loves You - Make it Stop

Posted by Michael

Do you know how banks make money? Loans and fees.
We’ve all been hit with the $30 overdraft fee on that $5 squirt of gas we just knew we had enough to cover. I’ve said before and I’ll say again; track your spending to avoid sending your bank managers kids through college. Fees aren’t the topic […]

Track your Spending

Posted by Michael

You know what I just realized? I’m pacing $200 in breakfast/lunch expenses this month. $10 isn’t much in a day, but added together - thats $2400 a year… at the deli. I don’t know if $2400 is a lot of money - but spending that much on McSkillets and iced Chai seems excessive.
I only know […]

Investing in Shine

Posted by Michael

Waco, TX was my first experience in a small town*. Living there allowed me to see in higher contrast the differences between different cultures. The cultures I’m speaking of don’t necessarily have color lines; they’re defined more by the types of financial choices their members make. That’s not to say there wasn’t a significantly higher […]