Hindsight is 20/20, especially when it comes to investing. I was just recently texting with a buddy of mine about this. We traded investing fails back and forth and had a good laugh. In thinking of some of my hits and misses, most errors made were from a lack of experience and knowledge. Here are a few things I’ve learned along the way that will hopefully provide some benefit to novice investors and help avoid investing mistakes. [Read more…] about Investing Mistakes I’ve Learned From Through The Years
Recently my wife and I celebrated our wedding anniversary. Another year to be thankful for who I’m married to and the wonderful family that we have. For a marriage to thrive, there has to be give and take and a great deal of teamwork. I got to thinking about the importance of teamwork when it comes to household finances. After seeing some other people’s failures and successes, here are a few suggestions. [Read more…] about The Importance Of Financial Teamwork
Greetings Friends of Defined Sight!
Earlier this year we we shared an article how a budget and an emergency fund go hand-in-hand. Both are underappreciated and can be overlooked; only 39% of Americans can cover a thousand dollar expense. You don’t have to be an economics genius to understand this doesn’t cut it when life throws you curve balls.
Today we bring to you 3 scenarios of why you might need a huge @$$ emergency fund. These are 3 very real life situations that could happen to you, but we hope never do.
1. Your Home Is Damaged And Insurance Doesn’t Cover It
We shared in the last post our home was damaged by a flood, caused by our neighbor and we were in the midst of battling it out with insurance companies.
Our insurance company gave us the middle finger. Nothing covered. [Read more…] about 3 Real Life Situations That Require A Huge @$$ Emergency Fund
Most everyone knows Dolly Parton as a singer and songwriter. You might even recognize her from a few movies. But it is her entrepreneurial endeavors and generosity I feel need more recognition. To put it into today’s terms, she’s a boss! [Read more…] about Dolly Parton: Entertainer, Entrepreneur, Philanthropist
It doesn’t matter if you are an introvert or an extrovert, you are eventually going to need people skills. Unless you went all Into the Wild, burned your IDs, gave away your money and are living a self-sustaining life on a mountain. Then sure, maybe you don’t need people skills. I agree with Eddie Vedder society is a crazy breed, but you don’t need to run away from it.
You just need the right tools and resources to adapt and get you through the day. What would you say if I told you I know the cheapest way to further your education? You likely may spend more dining out in ONE week versus the cost of this. And it can catapult you into leadership roles (if you desire this path). As well as teach you how to write compelling blog posts that will inspire your audience to take action?
Do I have your attention yet? Read more to find out what this is! [Read more…] about The Cheapest Way To Further Your Education and Build Your People Skills!
I’m all for tracking net worth. It is one of my monthly routines I look forward to. Much like budgeting, keeping tabs on your net worth will give you a good indication of the direction your finances are heading.
Unfortunately, sometimes people become too consumed with watching their net worth figure grow. They would rather keep stacking the total instead of taking a nice family vacation or upgrading something in their life to provide improvement. Are you guilty of this?