(This is a guest post from Jack Reed. Since I know very little about bankruptcy, I asked Jack to point out some common misconceptions about the process.) The very thought of going bankrupt gives sleepless nights to consumers facing overwhelming debt problems. The prime reason behind it is nothing but the social stigma associated with [...]
My first encounter with someone trying to time the stock market occurred when I was nine years old, at church, of all places. I was sitting in the foyer, waiting for my parents to finish socializing so that I could go home and jump on the trampoline. While waiting as patiently as a nine-year-old could, [...]
Do you ever get a paycheck and ask yourself, “What should I do with this money?” Probably not. You probably know exactly which pair of shoes or which Justin Bieber song you want to buy. Or maybe the latest gadget from that 3 a.m. infomercial. I’m sure you have plenty of ideas how you want [...]
Here at BSI, the goal is to give you big ideas in bite-sized portions. To break down complicated concepts into manageable chunks. And personal finance is definitely complicated. Or is it? The self-proclaimed “experts” in such areas as investing and retirement planning prefer to keep their subjects as murky and technical as possible, so that [...]
(This is a guest post by Jack Reed of fileyourbankruptcy.org. He writes on various financial topics with a special focus on bankruptcy) Are you so much in debt that now you have started considering it a part of your normal life? Do you realize that this type of thought process would push you further into [...]
We young people (and middle-aged, and uh, mature people) have a financial problem. We’re not saving enough for retirement. Not even close. The American savings rate is in the dismal single digits. How the heck is anyone going to live for 20-25 years on $250,000? I’ll tell you how: by eating dog food and living [...]
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I'm Damien Olenslager. I recently graduated debt-free from college and now work in the tax industry.
Here I cover topics such as business, personal finance and wellness from a minimalist perspective.
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