A Dead Simple Way to Track Your Net Worth

Net Worth Graph

If you’ve ever read one of Warren Buffet’s famous letters to Berkshire’s shareholders, you know that he starts each letter the same way. Each letter begins with how the company’s book value changed from the prior year. Here’s how he opened his must recent letter: In 2012, Berkshire achieved a total gain for its shareholders […]

Published or Updated: July 22, 2013

13 Things Every High School Student Should Know About Money

BMGF - Co-Chair visit to Charlotte, Durham and Raleigh, N.C. - September 2009

Have you noticed that most personal finance advice is written for people already in a financial mess? For example, one of the most popular personal finance books of all time is Dave Ramsey’s The Total Money Makeover. While that book has helped millions, it’s helped those who have made poor financial decisions. But what about […]

Published or Updated: July 11, 2013

Planning a Wedding without Starting Your Marriage in Debt

Frugal Weddings

You’re engaged! Congratulations! When’s the big day? Have you picked out your dress? May I see the ring? How many people are you inviting? The questions keep coming. Being a bride can be overwhelming, which is why it’s no surprise that people end up spending more than they planned. How much does the average wedding […]

Published or Updated: July 31, 2013

Sunday Morning Reading: 3D Printing Edition

3D Printers

There are a number of new technologies on the horizon that will change the way we live. From self-driving cars to drone deliveries, these technologies will reshape our world. Just imagine a day when there are no stop lights or traffic signs, no need for police offers to enforce traffic laws, and the ability to […]

Published or Updated: June 9, 2013

Sunday Morning Roundup: Berkshire Hathaway Shareholder Meeting

Berkshire Hathaway 2013 Meeting

Last weekend my wife, daughter and I flew to Omaha for the annual Berkshire Hathaway shareholder meeting. While it may seem like an odd trip for the family, we had a blast. For me, I found the experience inspirational. I came back from the trip hyper focused on building a great business and investing with […]

Published or Updated: April 21, 2014

25 Personal Finance Resources Every College Grad Should Read


Photo: fotobydave So you just graduated from college, and you have no idea where to start when it comes to managing your personal finances. Or maybe you’re fairly good at budgeting, but you need to know about investing. Either way, this list of resources will more than cover all your financial questions, from budgeting basics […]

Published or Updated: May 6, 2013

How Much Money Can You Save Working from Home?

Photo: atconc Kate Lister, co-author of “Undress for Success: The Naked Truth About Making Money at Home” and researcher for the Telework Research Network, says that about 40 percent of American employees hold jobs that could easily be done from home. The Telework Research Network also says that at least 79 percent of American workers […]

Published or Updated: April 17, 2013

Cellphone Plans: To go prepaid or postpaid?

Cell Phone

Photo: JonJon2k8 Cell phone carriers could learn a thing or two from Hick’s Law. Named after British psychologist William Edmund Hick, it posits that the more choices you’re given, the longer it will take you to choose. Verizon Wireless, meet Dr. Hicks. The options offered to you when buying a cell phone and choosing a […]

Published or Updated: April 16, 2013

Why You Should Save Money


Photo: Tax Credits I charge both of my children rent to live in our home. Even our daughter, who’s a senior in high school, pays rent. But it’s probably not what you think. I “charge” them rent by requiring them to save 50% of the gross income they make from their jobs. It’s still their […]

Published or Updated: April 21, 2014