Congratulations if you are an entrepreneur. Congratulations if you have already amassed great wealth. Congratulations if you have an early exit strategy all planned out for one day retiring from your job. As I read through many other personal finance blogs, there seems to be a great deal of people on the path to success. Some of our fellow bloggers are bringing in hundreds, if not thousands of extra dollars every month. That’s pretty impressive for simply finding new ways to share opinions and information, and through selling virtual real-estate to advertisers. Way to go! But whether its blogging, E-Products, real estate, investing, or anything else you’ve found some small success with, I think it’s very important to put things into … [Read more...] about Don’t Quit Your Day Job Yet
Lifestyle
Weekend Wind Down 2/11/2012
Ah, the end of the week. How I look forward to it! Monday started off with something I’ve both waited for and feared at the same time – getting my home estimated. The estimator came and did whatever magic it is he does. I won’t know what he thinks until at least next week, but I’m hoping its good news for me. Mid-week was also pretty exciting. My daughter had her first slow dance with a boy. Later on at the same dance, my son stole the spotlight with his “break-dance” moves. Mrs MMD had the pictures up on Facebook the second we got home! Carnivals: This week, MyMoneyDesign was featured in 3 personal finance carnivals: • Personal Financial Management Articles from Personal Finance Blogs – 2 Articles • Carnival of Retirement – 5th … [Read more...] about Weekend Wind Down 2/11/2012
Guess What – You Might Be Richer Than You Think!
Do you feel like you’re rich? When you talk to your friends or neighbors, do you feel like you’re at the same level? Or do you feel like you’re barely keeping up? This might sound crazy, but when you see all those “Occupy Wall-Street” demonstrations and other copy-cat protests on the News demanding equality against the privileged “1%”, there’s a good chance they might be talking about you! Okay, maybe not YOU directly. But it might surprise you to find out how close to the top 1% percentile you really are! Here’s how: … [Read more...] about Guess What – You Might Be Richer Than You Think!
What Does the Future Hold for Facebook?
It’s the real life “Revenge of the Nerds” triumph story: Facebook will finally be announcing an IPO (initial public offering) making everyone involved unimaginably rich! For anyone who doesn’t know what an IPO is, it’s when a company sells its stock to the public for the first time. It’s usually a big deal because it gives the company the chance to raise a ton of money while it gives the public a chance to own a part of the company and capitalize of their success. For example, I could kick myself back in 2004 when Google first went public and sold for $85 a share. This week it closed trading around $596. But does that mean we should all run out and buy Facebook stock? Even a Goliath-valued company such as that still has its critics … [Read more...] about What Does the Future Hold for Facebook?
It Pays to be Assertive
Every once in a while, I’m reminded how being assertive really pays off. For me, being assertive is really just a strategic way of being aggressive. The end result is still the same – I don’t take “no” for an answer. But I accomplish it with the right mix of psychology and candor. If you’re afraid of conformation, consider these stories: … [Read more...] about It Pays to be Assertive
Is Your Job Awesome?
Does your job have outstanding perks? Fortune just released their 2012 list of the “Top 100 Best Companies to Work For”. These companies offer everything from big paychecks to free gourmet food to good-ole classic job security! Here are the Top 10 of the list and their headlining benefits. You can also checkout the entire list here. … [Read more...] about Is Your Job Awesome?
Why Do You Want to Retire?
In my previous post about why we care about money, we explored the reasons why saving money might be important beyond simply wanting more material possessions. In this post, I’d like to explore the more specific topic of why it is that we want to retire. … [Read more...] about Why Do You Want to Retire?
Happy New Year!
I hope you had a safe and happy New Year! As we start off 2012, many of us will have several personal as well as professional goals for the months ahead. I’m going to begin the New Year for this blog with a couple of series of posts that explore some of the basic principles of investing and financial education. Hopefully some of the topics we explore will provoke you to explore your own priorities as well as give you a more solid foundation to investing. Enjoy! … [Read more...] about Happy New Year!
