Final Post – The Good News (A New Opportunity) and the Bad News (No Blogging)

July 26, 2012

Effective July 30, 2012 I will join Everfi™, a venture-backed educational technology firm, as an Executive Vice President in Chicago with responsibility for building the company’s Midwest operations.  This fantastic opportunity combines my passions – business/personal finance and leveraging educational technology to educate and engage students. The immediate focus will include incorporating Everfi’s Financial Literacy programs in [...]

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The True (and Truer) Cost of Debt – How Compound Interest Works Against You

July 19, 2012

Big Idea – Credit and Spending Objective – Readers will be able to calculate the total cost (and opportunity cost) of making a purchase using a credit card.   In my earlier post “What is Wealth (Part 2 of 3) – The Traditional Definition of Wealth,” I discussed the traditional measure of wealth (Assets – [...]

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15Y vs. 30Y Mortgage – The Answer

July 17, 2012

Big Idea – Mortgages Objectives – Readers will be able to – List the pros and cons of a 15-year and 30-year mortgage. Evaluate conventional fixed-rate mortgages to choose the right mortgage. Paying for a House – Your Biggest Expense The average family spends approximately 30% of their income on housing, and a large part [...]

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Diversification – Investing Your 401(k)

July 12, 2012

Big Idea – Investing Objective – Readers will be able to- Determine if their portfolio is diversified. Diversify their portfolio according to their needs. Have you ever looked at your investment portfolio or your 401(k) statement and said to yourself, “I have no idea what these fund names mean?  What should I do?”  After you [...]

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Risk and Return – Investing Your 401(k)

July 10, 2012

Big Idea – Investing Readers will be able to- Compare and contrast the risks and returns of a variety of investments. Analyze the relationship between risk and return. Is Taking Risk Worth It Anymore? One of the key parts of portfolio planning involves balancing your risk tolerance with your return expectations.  Before investing, you must evaluate [...]

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