I read a post today on the CFA Institute's website written by William C.G. Ortel. William asks the question, "Have you made a profit on your life?". I think this is an interesting way to think about spending and saving habits. We all allow ourselves to get so consumed...
It's been said that, "A goal without a plan is just a wish". This applies to personal finance, as well as many other aspects of life. Most people wish that they could stop worrying about their finances so much, but they have no plan to achieve that goal. When it comes...
It may not always be appropriate to max out your 401k contributions. That's right, Tom and I make the case for not maxing out your 401k contributions on this week's Mullooly Asset Management podcast. Probably not what you were expecting to hear, right? Let me preface...
"I'm saving for a down payment on a home." "I'm saving for my child's college education." "I'm saving for retirement." These are three very different goals, yet all have been deemed "saving". Not to get picky, but there's a big difference between saving and investing....
