Can You Handle Risk? Take the Quiz!

Have you heard the expression “no pain, no gain”? In the entrepreneurial and investing world, the comparable phrase would be “no risk, no reward.” How you feel about sacrificing the time spent not making a cent and risking your money will drive much of your decision-making.
The risk-comfort scale extends from very conservative (you don’t want [...]

Sew Up the Hole in Your Pocket

Do you wonder why you are always broke? Are you barely making it? Are you always asking for money for basic necessities?
There are inevitable bills that you have to pay each month, so why are you still hurting financially? If you answered yes to any of the first three questions then there is something you [...]

Know WHY You Are Saving!

This is probably why a large portion of people who attempt to “save” money fail time and again. They don’t see the purpose. They get distracted by the small material goods in the way of the bigger picture. I bet we could all listen to some inspiring audio CDs about saving money and get that [...]

Coinstar Machine vs. Coin Sorter: Which one is better?

You all know the green Coinstar machine at your nearest Albertson’s, Ralphs, or Vons supermarket. It’s really easy to use and it gives you the option of giving it to charity or cashing out. The problem is, Coinstar charges 8.9% for every dollar that’s sorted by the machine. If you feed the machine $10.00, then [...]

Little Things add up to Big Things

There’s got to be something you buy everyday. I know food is a great example, but that is more of a necessity. Let’s take coffee each morning. Every morning Suan goes to Starbucks and orders a tall, non-fat gingerbread latte (I think that’s what it is). She pays $3.65 each morning. In this day and [...]

Don’t Forget the Hidden Costs!

Have you ever bought something that you saved up so long for, and found that you couldn’t afford having it months later? It sucks. My friend recently bought a 6-month old, full bred male golden retreiver…if you know anything about full bred puppies, they cost an arm and a leg. He saved up for 7 [...]