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Archives for October 2015

Bullseye: The Emergency Fund

Don't Get Caught by Surprise - Build up an Emergency Fund

Life Lesson #13: Murphy’s Law With certainty, I can predict that many times throughout your life, plans will be derailed and things will go wrong – even horribly wrong.  Count on it!  If you expect it to happen, you might not be so caught off guard when it does. The Story: When I was much […]

October 27, 2015 Leave a Comment Tagged With: emergency fund, murphy's law

Candied Orange Peels: Spotlight on Investment Fees

Save your Retirement: Spotlight on Investment Fees

Life Lesson #12: Compounding investment fees – Is it time to panic yet? While many understand the fundamental concept of compound growth as it relates to investment yield, the expense side of the equation is often overlooked.  Advisor investment fees are dismissed or ignored; it’s only 1% after all. The Story: My wife, Katie, and […]

October 19, 2015 2 Comments Tagged With: expense ratio, financial advisor fees, investment

The Glass Slipper: Seeking Financial Compatibility

Want a Rich Marriage? Don't Overlook Financial Compatibility

Life Lesson #11: Financial compatibility – the most important aspect of your financial future One of the top most cited reasons for divorce – money!  The real issue is the difference of what it represents to each party.  One person may view money more like me: as security and a tool to unlock future options.  […]

October 12, 2015 2 Comments Tagged With: Cinderella Slipper, Financial Compatibility

Zero-G Richonomics: Special Occasion Syndrome

Special Occasion Syndrome (SOS) - Financial Mayday

Life Lesson #10: Nothing is off limits Social conventions have created a gravity-like force around special events and occasions, granting a free-pass to spend recklessly.  Most people are sucked into these gravitational fields and conform to the economically damaging expectations.  I like to call this “SOS” (Special Occasion Syndrome).  Just like the Morse code distress signal, […]

October 5, 2015 3 Comments Tagged With: honeymoon, Special Occasion Syndrome, timeshare

About Rich

I’m always exploring new ways to save money and optimize investments in pursuit of financial independence. Visit regularly for a little amusement and wisdom, as I share new stories and financial life lessons. Read More…