A Systematic Approach To Money
The Pareto Principle is one of the most popular economic ideas of all time. Also known as the “80/20 rule,” this principle arose from Vilfredo Pareto realizing that 80% of the land in Italy was owned by 20% of the people (in 1896). Richard Koch further broke down the 80/20 rule in his famous book […]
To many, this question may seem to have a simple answer. Well, as with most financial topics, there is more to this than what meets the eye. Retiring with debt has always been a sore topic, as consistent credit card and mortgage bills have made it difficult for many to survive on a fixed income […]
Retirement savings should begin the moment you start earning income. The more time your money has to earn interest, the larger your nest egg will be. But what if you’re a late bloomer? What if you’re 40 and just getting started? Here are three steps to follow if you’re getting a late start on saving […]
Most of us know by now that the average American is not saving enough money. But a recent survey by Bankrate.com shows that it might be worse than we imagined. Their survey last month points to a major problem for many American adults: Nearly 25% have virtually no money saved in an Emergency Fund. Over […]