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Personal Finance and the Opportunity Cost of Capital 12 Apr 2013 | 07:29 pm

One of the interesting concepts I’ve learned in business school is the opportunity cost of capital and how it relates to investment decisions made by financial managers at public corporations. In a nu...

USAA’s Term Life Insurance Application Process 30 Sep 2012 | 07:33 pm

On the advice of our USAA personal finance adviser, my wife and I decided to purchase private term life insurance outside of what we already had through my employer. Note: USAA provides FREE personal ...

Do College Graduates Really Earn More Money Over Their Lifetime 5 Sep 2012 | 04:00 pm

Once again a popular website has published a story about how much more money college graduates earn over their lifetimes than workers with only a high school diploma. “The difference between a bachelo...

When Do Roth IRA’s Make Sense over Traditional 401K and Traditional IRA Plans 4 Sep 2012 | 04:00 pm

As I mentioned in yesterday’s article comparing the tax advantages between 401K and Roth IRA plans, I’ve decided that it is better for me to max out my 401k first before starting to invest in a Roth I...

Should You Max Out Your 401K before Investing in a Roth IRA 3 Sep 2012 | 04:00 pm

I read a great article comparing 401ks and IRAs  at Cash Money Life the other day and I wanted to expand on one of its key elements: Roth IRAs are non-deductible, which means you use post-tax money to...

How to Kill Ants, Spiders and Ticks (DIY Pest Control and Extermination) 2 Sep 2012 | 05:55 pm

I fully respect and endorse the services offered by professional extermination companies like Orkin, Terminix, Ecolab and Modern Pest Services.   If you have a serious pest issue with your home (termi...

Does it Ever Make Sense to Borrow from your 401K 31 Aug 2012 | 08:17 pm

Borrowing money from your 401K is usually a very bad idea. This is especially true if you’re planning on using the money for something silly like buying a boat or going on a vacation. As my wife and I...

Borrowing from Your 401K to Invest In Real Estate 31 Aug 2012 | 06:57 pm

“Borrowing money so you can borrow more money is a really stupid idea”…TFOM Ever since I published my free commercial real estate investment calculator, I’ve been receiving emails from people asking i...

Three Important Considerations for Term Life Insurance 31 Aug 2012 | 04:00 pm

If you qualify, term life insurance is an excellent way to protect your family’s financial independence in the event of your death. However, before you sign a contract for term life insurance, here ar...

Bluffing Customer Service Reps to Save Money 28 Aug 2012 | 06:18 pm

Bluffing a customer service representative by threatening to cancel your contract or subscription is a risky way to save money. If you engage in this tactic, make sure you abide by these three rules: ...

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