Category: Compensation

How Do I Calculate A Percentage Of Increase In My Salary Or Investment?

Hank, I just got a raise at work from $35,000AUD to $42,000AUD – what is that percentage of increase, more so, how do I calculate it? – Gerald from Perth Hey Gerald – good question, people wonder that more than you think. So the way to calculate a percent increase between two numbers: 1. Take [...]

How Do I Plan To Reach My Investing Goals For Retirement?

Photo by: emdot Only 0 days 5 hours 2 minutes left until Hanks Holiday Handout drawing! To make my goal of having my net worth be $1,000,000USD by 2020 I need to have a plan laid out. Yes it will change through the years, My wife and I will get raises; we won’t get the [...]

What Is A Self-Directed IRA And How Can I Use It?

I recently had the pleasure to interview Will Sugg, a fellow personal finance blogger that works towards his fortune with Self Directed IRAs. I am no professional in the arena, so he was very willing to answer the few questions I had about them – I hope they can demystify the Self Directed IRA questions [...]

How Can I Make More Money?

How Can I Make More Money?

I can almost guarantee that every person on the planet over the age of 15 has asked this question before. And there are a lot of answers for it that thousands (if not millions) of people will tell you how to spend your money if you don’t want to search for yourself. My blog is [...]

My Monthly Expenses Are High; How Can I Cut Down My Monthly Expenses?

My Monthly Expenses Are High; How Can I Cut Down My Monthly Expenses?

So I decided to try out Flexo’s monthly expense template, and it isn’t looking too promising for me this month.  I’m doling out more than I am taking in this month.  Off the top, that sounds like it is bad, but really it isn’t TOO bad.  I figured my cash allowance was high this past [...]

How Can I Earn a Passive Income Online?

How Can I Earn a Passive Income Online?

UPDATE! AGLOCO CALLS IT QUITS! How long have people asked this question? I suppose since the beginning of money. I certainly have had my fair share falling for scams. Without a big investment you’re kind of limited in your options. I have never had a lot of cash to work for me so I have [...]

How Do You Graciously Decline a Job Offer?

How Do You Graciously Decline a Job Offer?

So the past 4 weeks I’ve been waiting for a job offer to come through. It is in a different department, but in the same company. I’ve interviewed a 3rd time and talked with the hiring manager on several occasions stating that everything SHOULD be in proper order. The salary will fit, the position title [...]

Is There An Investing Age Gap?

I am 28 years old and I have limited, but learning comprehension of how investing works. I wasn’t taught my my parents, I wasn’t taught by my school, I wasn’t taught by my friends. I came into learning about it more forced than anything else. I went backwards from the standard: Date–>Marry–>Save/Invest–>House–>Child. I went Date–>Child–>Marry–>Child–>House–> [...]

Is Investing In Life Insurance Really “Investing”?

I have a $500,000 whole life insurance policy with Hartford Mutual that I pay $200/month to keep up. $8.50 goes to the administrative fee, $100 for the actual coverage itself and the remaining $90.00 goes into the mutual fund. I’ve had it for about 4 years now and I have almost $8,000 in the mutual [...]

Baby Boomer Without A Retirement Portfolio

My mother, bless her heart, has “some” idea of how investing works. She has a basic idea of how compound interest works, but has no $ to put to it. She makes a small income enough to make ends meet at the end of each month. She knows that she SHOULD invest, but doesn’t know [...]