Financial Advice

The Time Value of Money and Why People Aren’t Rationale

Time Value of Money

I’m amazed sometimes at just how irrational people can be, especially when it comes to a subject like the time value of money. I have been fascinated by this topic ever since I first started learning about it in my financial management class in college. Back then, we didn’t have fancy online calculators and excel was barely even a thing. If you wanted to figure out how much a dollar would be worth in 20 years at 10% interest, you had to use a table of multipliers to figure it out. Related: How to get started investing What I’m saying is, […]

10 Nuggets of Financial Advice I Wish I Knew in My 20’s

Financial Advice

It’s absolutely amazing at how fast time flies by. Last night I was out with a buddy of mine, the first time I had really been “out” at the bars in quite a long time. And as I watched all these 20-something millenials living it up and having a great time, I started to think about what I was doing when I was in my early 20’s, just after graduating from college. And then I started thinking about what I wasn’t doing… at least as far as my finances were concerned. Bottom line – I made a lot of financial mistakes […]