I probably first heard the term in Dave Ramsey's book, "The Total Money Makeover: A Proven Plan for Financial Fitness." (You can read my review of that here). After that, I noticed it pop up in other seminars and speeches from various financial gurus. It's an interesting concept: one's ability to handle money as related to physical/ emotional fitness. We've all heard the term "physical fitness." You might've even heard the term "emotional fitness." But "financial fitness?" Not likely. A… Read more.
Think It. Plan It. Do It.
Tag: wealth
Have you heard of these before? Stocks or bonds. Or was it stocks and bonds? Mutual funds? Index funds? Maybe index mutual funds? What about IRAs? How about Roth IRAs? Where do you start? Where are you supposed to start? Is it really as hard as it sounds? Investing is sometimes propped up as this big complicated entanglement of information and acronyms. Truth is, there's only a few areas you need concern yourself with. What are they? I can tell… Read more.
Rat Race. It's a popular term among the growing entrepreneurial community. It basically means the 9-5, Monday-Friday enterprise that is work. And not just working: working because you have to and not because you want to. To top it off, many find what they do with their 9-5, Monday-Friday to be boring, soul draining, and meaningless to their lives. So they want out, but after weeks, months, or even years, nothing happens; just more of the same hamster wheel and… Read more.