Unlike the swine flu, the personal finance bug is a relatively hard bug to get. Unfortunately (for them), far too many people avoid putting any thought into their future until that ‘future’ is right around the corner. Investing is a topic that comes up a lot when I talk with people. How you field open ended questions like “How do I invest in stocks?” is a make or break question in which you need to figure out before your trust is deserved. I’ve come up with a step by step method which I use to narrow my confidant’s thoughts and distill their true intentions. Read on, then leave me comments on your style.

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If You Don’t Have One… Get One

Posted by PK On June - 24 - 2009

If you saw $1,377.71 lying on the ground, would you pick it up?

I hope you would. That’s the sort of savings you could find from opening a Roth IRA. Any increase in your future tax rates means you made money simply from choosing the right account to invest in. Sound good? Read the article.

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Break in Case of Emergency

Posted by PK On June - 21 - 2009

A commonly heard refrain in the personal finance world is ‘Keep 3 months of living expenses in an emergency fund!’ If fact, this is heard so much it’s almost become a mantra for people taking control of their finances for the first time. Where does this ‘3′ come from? Why do you keep it? All this and more will be answered, read on…

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