The rule of 72 is a shortcut to calculate how many years it will take for an initial investment to double based on the expected interest rate. It’s best explained through an example. Say you have $1,000 to invest and you expect a 9% return. Using the rule of 72 you can solve for roughly…

Have you sat in your office at the boring job you hate and daydreamed about being 65 and finally escaping the 9-5 grind? If so, this article may be for you. Contrary to popular belief retirement isn’t based on a specific age, it’s based on a number. Once you hit your number you can pull…

There are two trains of thought when it comes to credit cards. Half of the financial coaches and advisors of the world will tell you they are a great tool. The other half will tell you not to use them. So what does that mean for you? See the arguments for each camp below and…

CONGRATULATIONS reader of this blog, you are today’s hypothetical thought exercise winner! Benny, tell them what they’ve won! As today’s lucky winner you have the choice between two great prizes. You can either take ONE MILLION Dollars cash OR you may decide to have your prize paid out as one penny doubling every day for…