If you happen to be one of the umpteen million Americans who have constructed a nice, fat mountain of debt due to non-existent budgeting and a life devoted to impulse shopping, welcome to the club. You’re not alone. Resolving to …
All we can say to the reports that Americans appear to be regaining control of their previously out-of-control credit card spending habits is…no…way. Way! It’s crazy but true. Apparently the recession is a better financial...
When it comes to investing strategies, better to stick with the age old wisdom than jump on the newest flash-in-the-pan idea. New and different doesn’t automatically equate to better. After you’ve made your money, then it’s okay to...
The phrase “Write about what you know.” is sometimes credited to Mark Twain but there doesn’t seem to be hard proof of that. And it doesn’t really matter who actually said it or even if the advice is valid but …
Are you familiar with the name Elon Musk? The Potomac Institute for Policy Studies is and gave Musk their 2010 Navigator Award for propelling advancement in the fields of science or engineering. Let this be motivation to the young investor …
The renowned physicist, Albert Einstein, may or may not have given the world the following quote: “Compound interest is the most powerful force in the universe.” Whether or not Mr. Relativity spoke those words or someone attributed them to...
In these stormy economic times, you might be called upon by a friend in crisis for a loan. would normally say “Bad idea!” at the top of our voices and remind you that doing so would qualify as dicey money …
In case your school forgot to include this in a financial education lesson plan, we’ll introduce COLA to you right now. COLA is an acronym that stands for Cost Of Living Adjustment and is an annual figure calculated by the …
We’re not going to recommend a single stock, bond, mutual fund, or commodity to you today but this topic still is critical to getting your youth investment off to a rousing start. Beginning investors often get tied up trying to …
How important is it that you make money young? If you claim it’s very important, you’re in luck because if you want to do it, there are predictable ways to make it happen. The trouble we usually run into when …
Ah, to be young and insanely rich. You can do it, you know, no matter how crappy the current economy is. The truth is that young wealth can be built while you’re…uh…still young. This website’s founder and namesake, , is...
Trust Facebook with your life and the cost might be that primo job you just landed. Seriously, dudes and dudettes – it could happen. Lately, it has been a well publicized fact that the social media giant’s almost non-existent security...
One of the fundamental decisions a young investor must make is whether they are a trader or an investor. Most people tend toward one or the other, and choosing one certainly doesn’t preclude dabbling in the other, but it’s good …
If you want to build wealth and keep it, you’re going to have to get serious about financial management, and better sooner than later. What is financial management? It sounds like a fuddy duddy term that only old dudes in …
Maybe you’ve been studying stocks for a while now but, as a young investor, find it difficult to pull the trigger and risk real money in the marketplace. Never fear, your friends at have an idea that might help. The …
We’ve been hearing the economic and laid-off worker horror stories for a while now, and most of it is true, but what if you happen to be young money, one of those fortunate few twenty-somethings with a great job and …
At the start of your working life, it may be hard to imagine where exactly you’re going to pry loose a few dollars to invest when you’re living paycheck to paycheck and barely paying all the bills. True, it’s not …
At some point in this walk through life we begin to think about the impact our decisions have on the next generation, namely, our kids. If you happen to start a family early, it’s critical to teach the fundamentals of …
Is your junior or senior year in college a good time to begin investing? At Young Wealth, we’d say “Absolutely!” That assumes your bad debt is paid off first. Yes, we realize we’re beginning to sound like a broken record …
Winning the investment game is not for the faint of heart but it is critical to realize early on the necessity of embracing the idea that you MUST invest in some way in order to build wealth. Choose the stock …
There’s a reason people look to franchises when thoughts of entrepreneurship enter their head. Owning a franchise removes much of the guesswork from starting a business. The company provides you with a blueprint to success. They’ve already...
There’s more than one way to reach the land of financial independence. Investing is a popular method and can work well, especially if you focus on buying rental properties. But others exit school with an entrepreneurial bent, ready to start...
It’s hard to build wealth when your credit is screwed up beyond belief. If you find yourself tormented by debtors, welcome to the club. It’s become a way of life for many young adults. How does it happen? Buy a …
Many good business ideas revolve around the idea of tapping into a market that never goes away. That’s why we like investing in residential income properties so much. No matter what else, people want a place to lay their head …