MONEY SMART
Spend smart, invest sucessfully and live the life you want.

Category Archives: emergency fund

Money Saving Opportunity of the Year

There are so many things you could do with an extra $1,000 a year. You could create an emergency fund for unexpected expense, such as a health emergency or car repair. You could put a big dent in your credit card debt. You could make some extra car payments and shorten the length of your loan. Or you could put it into your child's college fund to grow over time.

Reshaping the American Dream—Why Renting May be the Best Choice Regardless of Market Valuation

Home ownership shouldn't define the American Dream and many people are beginning to realize that renting is often a better choice for achieving financial freedom.

Something More Important than Debt Reduction

Expect the unexpected. Saving for an emergency fund is one of the smartest things anyone can do, even before debt reduction.

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Should I Invest in Gold?

I've been asked that question a lot, especially in the last month or so. Over the past year I have consistently advised against investing in gold and that advice has been pretty good as the price really hasn't changed much. I do believe there will come a time when owing some gold will be a very good idea, but I don't believe we've reached that point as yet for a variety of reasons.

We See Through the Lies!

Earlier this week, a New York Times article came out that really caught my attention. It was disappointing to see the typical economic spin that encourages people to invest with the financial services industry NO MATTER WHAT taken to such great lengths, but was also encouraging to see that the article was in response to a terrific new trend by their customers. People are really starting to catch on that it’s not a good idea to invest in the stock market, especially not at this time, and have been pulling their money out. Now, that’s great news.