Last week, I was driving to the grocery store with RB40 Jr. and I heard a segment of This American Life. In this episode, they were at a Jeep dealership as they try to meet their monthly sale goal at the end of the month. Their corporate headquarters sends the dealer a goal each month (129 in October) and if they surpass it, they will receive a big bonus. That’
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The Pope and Economics
I had a reader ask my opinion on the Pope and his latest remarks regarding the economy. I don’t want to put words into anyone’s mouth, so I’ll present the question as it was written: Hi Kevin! I would love to get your take on the anti-capitalist remarks made by Pope Francis! Do you think […]
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Tick, Tick, Boom: Insuring the Most Explosive Jobs
He thought to himself why on earth they’d even spend the millions to research and develop a robot that did this when he still had to sometimes. They could have given him a raise instead. Tick, tick, tick. Dozens or hundreds of lives depend on the decision our hero makes under pressure. Tick, tick, tick. […]
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Use Bing Rewards For Free Movies and Amazon Credit
I’m not a big fan of going out of your way to earn a few dollars, which is why I’ve stayed away from the Swagbucks craze. In that system, you earn points for searching and performing other actions, and you can cash out your points for a gift card once you’ve got enough of them. […] Use Bing Rewards For Free Movies and Amazon Credit
Is Early Retirement a Good Example for Your Kids?
Last week, I got an email from a new reader asking a thought-provoking question about leaving Corporate America. “What sort of signal does it send to my kids? Will I still be a good role model?” It’s a conundrum. We all want our kids to work hard, right? I don’t want my kid to grow up to be a slacker so is quitting my job to be a stay at home dad sendin
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Reviewing how Kiplinger’s Stock Picks for 2013 Performed
I always hated those articles that take a moment in time and provide the reader with the “best” stocks using just a paragraph of justification. They don’t seem to make any sense to me, but I am sure they sell magazines. Every year or so I take a look at the list and actually call The post Reviewing how Kiplinger’s Stock Picks for 2013 Performed
Smart Financial Move When You Need Quick Cash
The Smart Financial Move When You Need Quick Cash Managing your finances is a constant juggling act, and every now and then it will become a bit too much to handle. Life can be incredibly unpredictable, and this means that from time to time there will be sudden unexpected expenses that you have to face, […]
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Stocks Splits Shouldn’t Matter…But they do
A stock split shouldn’t actually matter in terms of valuing a company, but for some reason they do. A stock split is when a company divides its stock (often you’ll see 2 for 1 or 10 for 1 stock splits) to shareholders on a date certain. For example, MasterCard announced a 10 for 1 stock The post Stocks Splits Shouldn’t Matter…But they do
100K in Five Years Challenge Update 2013-12-10
Boo, additional constraints have been encountered with this 100k in five years challenge! Apparently, since my friend who I am working with on this challenge, is so young, he qualifies for something called Kiddie Taxes. Basically, what this means is that after around $2,000 in unearned income (this is for year 2013), my friend will […] The post […] Read more: 100K in Five Years Challenge Update 2013-12-10
Learn From Your Mistakes: LLC Fees
Everyone makes mistakes. It’s impossible to do things perfectly all the time, but the best you can do is learn from your mistakes and avoid making them again. We can remove the parts of our lives that are costing us money and prevent the chance that they cost us money in the future. Our Financial […] Learn From Your Mistakes: LLC Fees