Does having kids make you less likely to become wealthy?

Statistically people with children make and have more money. People with a lot of money are more likely to have children. They are also more likely to be married. These are facts that can be measured, not my opinions. This doesn’t answer the question of whether YOU are more or less likely to become wealthy … Continue reading Does having kids make you less likely to become wealthy?

Money Moves: The Decisions, Traits and Strategies that Separate the Wealthy

Check out my new book Money Moves: The Decisions, Traits and Strategies that Separate the Wealthy.  The book features a collections of stories, experiences and insights about how people become attain success in their careers, their finances and their lives.    Also don't forget to subscribe to the email list for updates on new content.

Should you pay rent if you live with your parents?

Your goal should be to move out as soon as possible. Even if this means a drastic change in lifestyle and standard of living. I think parents should wean their children off of financial support. Cutting them off completely can often lead to resentment and larger issues. I would suggest by starting to have the … Continue reading Should you pay rent if you live with your parents?

What would you do if you had to invest all your money in one place?

If you are like most people and want an easy low cost way to invest that is totally passive, VOO and others index funds like it are a great strategy. Over the past several decades there have been very few fund managers that have consistently beat the market. Managed funds likely won’t perform any better … Continue reading What would you do if you had to invest all your money in one place?