There is only one thing worse than not setting financial goals–setting ineffective financial goals. A perfect example of a worthless goal is, “I want to achieve financial freedom.” While it may sound good, we don’t know what financial freedom is, so how will we know when we have arrived? A slightly better [...]
This post is a story about how I made $826.75 in about 10 minutes this morning, and more importantly, how you can, too. This post is also about following the Dough Roller on Twitter, but more about that in a moment. Let’s first get to the money part of this post, which is [...]
We all know just how important our credit score is when we apply for a loan. High credit scores get approved, while low scores do not, subject to other factors of course. But as it turns out, your credit score and credit history affect a lot more than whether you get approved for [...]
Note: This post comes from my darling wife, Mrs. Dough.
A few years ago, I was in charge of filing the insurance claims for our family. Somehow, slowly, DR took over. This was probably because he had the forms at his office and they would occasionally change and one day he offered to [...]
Make no mistake about it, a recession is here. While we do not know how long or painful it will be, we do know that it has the potential to be the worst financial crisis any of us have ever lived through. The stock market has lost more than 20% in the last [...]
Regret over past financial decisions can have a powerful hold on you. At 23, you may regret running up $20,000 in credit card debt during college. At 35 you may regret never having gone to college. At 45 you may regret having never started that consulting business you always dreamed of pursing. [...]
Are you on your way to becoming a millionaire? For some the thought of having a million bucks seems ridiculous. But the fact is that becoming a millionaire is simple, even on a modest income. If you have the discipline, building your net worth up to a million dollars or more takes [...]
How much do we miss out on because we fail to do one really simple, free and easy thing. This one thing can greatly improve your finances. Amazingly, it can lower the interest rate you pay on a home equity. It can eliminate the balance transfer fee on a credit card. [...]
Successfully managing your money comes down to one thing–control. For all the things we talk about here at The Dough Roller from retirement to investing and taxes to credit cards, financial freedom and sound money management come down to whether you control your money, or whether it controls you. As I’ve often said, [...]
