James C. Molet's Blog, page 49

Teaching Finance to Kids

As many of us know, education is a key, if not the key to achieving financial freedom; and the earlier someone begins the process of learning about various personal finance concepts, practices and philosophies, the better. As we wind down National Financial Literacy Month here in the United States, we can’t forget about the kids... Read Article →

Will Your Retirement Nest Egg Be Big Enough?

The following is a guest post from Lisa Lozeau and LiveOps. Lisa works on the Acquisition and Onboarding team at LiveOps. She helps connect talented individuals with independent contractor opportunities that allow them to work from home and provide professional call center services to LiveOps’ diverse client base. As a work-from-home mom herself, Lisa understands the value and... Read Article →

Are You Saving Too Much?

Maybe. How do you know? If you have not developed a detailed plan that looks at all the critical factors – projected expenses, years until retirement, current savings/investments, projected return on investments, projected sources of passive income, current savings rate, and withdrawal rate – it’s possible. In fact, if you have not developed a detailed... Read Article →

5 Must Do Financial Planning Tasks for New Grads

The following is a guest post from Janet Stanton of Goal Investor. If you’re a recent college grad with a lucrative job, you may be unsure how to prioritize your spending and investing. Use these tips to organize your current finances and map out a bright financial future. Now that you’ve landed that big job... Read Article →

Dollar Adventure: Financial Literacy and Gameplay

Jamal Seaton, Co-Founder of Ignov8 Inc., discusses Dollar Adventure and revolutionizing financial literacy Background/ Personal Story Frenel [co-founder] and I were roommates in University. He majored in Finance and I in Game Development and Entrepreneurship. A few years after graduation, we were discussing Financial Literacy and the overall need for better Financial Education. It’s a topic... Read Article →

Using SEO to Generate Additional Income

Thanks to the Internet and fast broadband connections, we have better, faster access to more content – photos, information, music, and videos – than ever before. Just as importantly, for those of us that have an interest in doing so, creating and sharing that content is easier than ever. As you have likely heard, there... Read Article →

Cream City Hustle: Prologue

Cream City Hustle. A Personal Finance Thriller. Available at Amazon Near West Side. Chicago. To the casual observer, not much ever happened near the intersection of South Keeler Avenue and West Roosevelt Road. An abandoned warehouse fills one corner, stretching half a block in either direction. Empty lots littered with trash and empty bottles, long... Read Article →

The Debt Snowball Method and Savings

With respect to paying off credit card debt, one school of thought is that credit cards with higher interest rates should be paid off first while the other school of thought suggests paying off those with the lowest balances first – sometimes referred to as the snowball method – is the way to go. From... Read Article →

Attorneys General Come Down on Accreditor of For-profit Colleges

By Annie Waldman, ProPublica Twelve state attorneys general have asked the federal Department of Education to revoke the recognition of the much-criticized Accrediting Council for Independent Colleges and Schools. If ACICS loses recognition, the many for-profit schools that it accredits could be cut off from the federal student aid that makes up the majority of... Read Article →

Paying Down Debt When Income Remains the Same

A question on Twitter, born out of an exchange between A Richer Understanding contributor Brian Tramuel and a fellow user, served as the catalyst for this post. As you might guess, clever reader that you are, the question is, “how do you pay down debt when your income remains the same?” The process is very... Read Article →