The Stock Market is Down Over 20% since the beginning of this year, so now what?

Yes, when the stock market is down, most people’s retirement and passive investment accounts values are also down as well. So what does that mean to you and me? Well, it all depends…. How robust is your...

Been getting a lot of questions lately relating to the housing market and a lot of people should be concern about how it may affect their own financial goals. However, like any change in the market, we need to make sure we have a good handle over our finances, have an updated financial plan and...

Yes, it’s very important to save money where you can, but you must understand the value of what you’re saving on. Here are some examples of personal finance areas to think about as you focus on savings and investments, so you can build your wealth.

1) Health & Auto Insurance -...

Even before my career in personal finance, I've had many conversations about the topic of personal finance. I noticed that the words we choose to communicate our finances with others and to ourselves make all the difference in our ultimate relationship with it.

As I have preached many times, we...

I too have made my share of poor, bad and just outright dumb financial mistakes. However, rather than lamenting, I learn to quickly take note from my financial mistakes so I don’t make the same or similar mistakes again. It is, after all, just part of my personal financial education cost....

What are the two main currencies we use, spend, save, invest, trade each day? It's Time and Money. These two are especially important to understand personal finance.

To me, the two most important currencies are 1. Time and 2. Money.

1. TIME
-How much of our time during the day do we spend...

Through my involvement with Youth Leadership America (YLA) mentoring high school students, I have always preached the importance of being future-focused! Part of that is, getting the kids I mentor to think about how they are building personal equity now, so there's more to look...

When it comes to investing, there are two key points that can be greatly misunderstood or glossed over, but they are essential to know for your long-term wealth building success.

Usually many students, and beginning investors, only remember to focus on the investments part, often overlooking the...

We mostly know about FOMO (Fear of Missing Out), but I think the Fear of Not Being Prepared (FONBP) should be what we need to be focused on and be afraid of! Missing out on something can be ok, but not being prepared can be costly and more!

The term FOMO has been popularized because since...

Setting Up Your Personal Finance is as EASY as following any SIMPLE instruction guide.

It’s definitely not impossible but may be challenging to assemble or build a piece of furniture that you’re not familiar with, like assembling a simple one-person work desk. You may have a mental...

Working with high school and college students, those who have a hard time relating to the topic of personal finance, I would normally bring up the topic of “building personal equity” first, and then lead into the topic of personal finance. 

I would tell them that personal...

With the current stock market being very volatile, it has been down more than double digits, many, including the college students I am mentoring, are not clear if it makes more sense to stay put in their quality stock positions or to try to trade in and out of them to get a better rate of return...