James C. Molet's Blog, page 51
March 28, 2016
Investing with Purpose – A SavvyReview and Giveaway
When author Mark Aardsma was 24, he was fired in a downsizing. Like many people, he had little in the way of savings. However, instead of panicking and seeking to land a new job immediately, he sat down at a makeshift desk and began to invest his time and money differently. By the time he... Read Article →
March 26, 2016
Tiny Living … But Not For Long?
If you are a regular reader of this blog, you know that I have touched on tiny living on multiple occasions. In an early SavvyRecommendation, my first look at tiny living was A Juxtaposition in Choosing a Home where I looked at two different documentaries released in 2012, one about a super McMansion, The Queen of Versailles,... Read Article →
Positioning for a Potential Early Retirement
In an earlier post, Many Paths Lead to Financial Freedom, I noted that my current path leads to retirement at age 60. Why 60? There are multiple reasons, some of which were highlighted: Financial ignorance in my 20s Early marriage and children Credit card debt in my 20s to mid-30s Divorced at 35 Retired from... Read Article →
March 25, 2016
Retirement Plans and the Sharing Economy
There has been a tremendous amount of chatter and no doubt you are at least somewhat familiar with the term, and the practice of the sharing, or peer-to-peer, economy. For those that are not or just to verify what we are talking about, The People Who Share website has a pretty good description: The Sharing... Read Article →
March 22, 2016
Better Bet. A Pension or a 401(k)?
In a previous post, I posed the question, “What is Your Pension Worth?” I noted that if you are on track to receive a pension (i.e. defined benefit plan), it is likely that your employer has provided some guidance as to what your projected pension will be, or if you are like me, you have done... Read Article →
March 21, 2016
Losing Touch With Working People
Guest host Ray Suarez, sitting in for regular On Point host Tom Ashcroft, talks with author and historian Thomas Frank about how the selling of post-secondary education, the federal government (via trade deals and tax policy), and big business (via globalization and the neutering of unions) have negatively impacted working Americans. An interesting nugget from... Read Article →
Can Running a Calculator Really Make You Better Prepared for Retirement?
The following is a guest post from Paul Trevino and Synaptic.co.uk. There are dozens of different calculators available on the internet, whether you wish to calculate your earnings on a specific investment, your mortgage repayment or even the interest you will pay on a loan. Every calculator serves a purpose and, if used properly can make... Read Article →
March 20, 2016
How a For-Profit College Targeted the Homeless and Kids With Low Self-Esteem
By Annie Waldman, ProPublica Perhaps you remember Corinthian Colleges. It was the country’s second largest chain of for-profit colleges, before it collapsed into bankruptcy last year amid evidence of phony marketing and predatory loans. The shenanigans brought investigations from more than 20 state attorneys general and the federal Consumer Financial Protection Bureau. But the actual... Read Article →
March 19, 2016
Life or Debt: A Review
If you are familiar with Kitchen Nigthmares or Bar Rescue, where Gordon Ramsay and Jon Taffer respectively, guide failing people/businesses to success, you’re already familiar with the basic idea behind Life or Debt, a new show on Spike. Victor Antonio, filling the role of Ramsay or Taffer, serves as the show’s host and financial guide. His... Read Article →
The Money – Lifestyle Tradeoff
This latest post is tangentially related to two recent posts on minimalism, Destination Minimalism and Minimalism By Circumstances? In Destination Minimalism, I indicated that minimalism for me could be summarized as identifying the items that are important to us [me and my wife] and discarding those that don’t make the cut. Doing so simplifies our life... Read Article →
