Saving For Your Future IV
After looking forward to it for many years and planning for it with anticipation, your years of retirement should be a time of enjoyment and a wonderful season in your life. But when the time comes, will you have all of the resources accumulated to allow you to live the life you imagined? Most people […]
Saving For Your Future V
There are a number of ways that derail the best of intentions. Many find themselves on track with their savings and investments and well on their way to financial independence, then something happens. It might be something as simple as your “wants” getting in front of your “needs.” One of your “needs” is to provide […]
Dave Ramsey
Four years ago, my wife asked me if I had heard of the financial talk-show host, Dave Ramsey. I had not. On her way home from work, she occasionally tunes into the show. Picking up my son from school, who was at that time twelve years old, gave him the opportunity to listen to the […]
The Power of Investing Early
From No Money to $29,570,476.09! Let’s say that you have a 12-year-old child. Let’s say that you make a one-time investment into a S&P 500 mutual fund of $1,000 at his/her current age. An S&P 500 index fund is a group of stocks considered to be generally representative of the stock market. This index is […]
What is debt? What is a deficit?
What is debt? What is a deficit? Do the two words mean the same? We often hear the two used wrongly and completely out of context. In simple terms, we can explain the differences in this way. A deficit is the amount by which a sum of money falls short of the required or expected […]
To Our Readers
Hi richbrott.com readers, My name is Ashish Joy. I’m the site admin for westerndeal.com/richbrott/. I am currently a student and I love to blog myself. I would first and foremost like to thank you for taking the time to read and comment on this site. It’s always exciting for me when I have the chance […]
Debt Denial!
A lot of denial takes place when it comes to the subject of finances, debt, responsibility and financial accountability. You may deny that debt is bad. You may deny that you really have debt. After all, isn’t debt just being past due on your payments? Isn’t a loan just a contract? Or you may be […]
Why You Should Become Debt Free – Part 1
Why should you become debt free? After all, you felt that you needed that new car. And of course, your house must have furniture in it. A closet would be useless without a good stock of new shoes and clothes. Of course, you don’t have the money now, but you do have credit cards. Are […]
Why You Should Become Debt Free – Part 2
To stay mentally healthy. Clear thinking and peace of mind cannot be taken for granted. It is hard to have clarity of thought and difficult to make good, logical and well-reasoned financial decisions when you are stressed under a burden of heavy debt. To maintain a healthy marriage. Finances are said to be the number […]