Authors’ note: Explaining personal finance can be pretty dull, but it’s a subject we all need to continually learn about. I’m trying to fix the problem by using a quirky (funny?) story to explain personal finance. In this story, two friends how bond mutual funds work. The stories are written in chapter order, so that there […]
What Ron Burgundy Teaches Us About Mutual Funds (Hint: It’s not an old wooden ship)
in Personal Finance/by Kenneth W. BoydRon Burgundy believed that diversity was old wooden ship, but diversity is also a great reason to invest in mutual funds. (kinda wish that they would have asked Brick Tamland for his opinion). I answered this question on Quora. To answer this question, I’ve explained mutual funds and also provided a tool you can use […]
What Is The Best Way To Make Money?
in Personal Finance/by Kenneth W. BoydThere are many money-making paths you can go down, but you’ll be miserable if you pick the wrong one. If the path you choose feels like drudgery, you probably won’t succeed. I loved how Mladen Adamovic started this answer to this question, because it illustrates how we all have our own biases about business ideas. […]
What Are The Best Investment Blogs and Websites?
in Personal Finance/by Kenneth W. BoydSkimming the online version of The Wall Street Journal each day will have a massive impact on your ability to understand investing. “Well, that’s a pretty bold statement.”
What Are The Best Ways to Invest Money?
in Personal Finance/by Kenneth W. Boyd“If you don’t know where you are going any road can take your there” That quote is attributed to Lewis Carroll from the book Alice in Wonderland, and that same quote applies to investors. If you’re searching for the best way to invest money, you need a plan. As Admiral Painter says in the movie […]
How To Recover From A Financial Setback
in Personal Finance/by Kenneth W. Boyd“Experience is what you get when you don’t get what you want.” That quote is attributed to Randy Pausch. I highly recommend his TED Talk that is referred to as The Last Lecture. Pausch, a college professor, gave the talk when he was dying of cancer. I’ve always said that the number one personal trait […]
Can’t Keep Up? 4 Ways to Simplify Your Personal Finances
in Personal Finance/by Kenneth W. BoydIt’s just a few days until April 15- are your freaking out? The individual tax deadline is the straw that broke the camel’s back for many consumers. As if personal finances wasn’t already difficult- now I’ve got to get my taxes in?! Frustrating. So, I’d like to thank the folks at Earnest.com for provided […]
Dog Treats On The Ledge: A Personal Finance Story (Chap. 8)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull, but it’s a subject we all need to continually learn about. I’m trying to fix the problem by using a quirky (funny?) story to explain personal finance. In this story, two friends how bond mutual funds work. The stories are written in chapter order, so that there […]
4 Surprising Reasons to use a Health Savings Account
in Personal Finance/by Kenneth W. BoydI saw a disturbing statistic: over 50% of families text each other while they’re in the home together. I text my 17 year old daughter to tell her when dinner is ready- hey, it keeps the peace! But it’s poor communication. New Personal Finance EBook in 2017: Get sample chapters here I’ve noticed another area […]
Construction Across The Street: A Personal Finance Story (Chap. 7)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull, but it’s a subject we all need to continually learn about. I’m trying to fix the problem by using a quirky (funny?) story to explain personal finance. In this story, two friends discuss risk tolerance, asset mix and the concept of beta. The stories are […]
The Ice Storm: A Personal Finance Story (Chap. 6)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining personal finance can be pretty dull. That’s a problem, if you need to learn personal finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some personal finance concepts inside of a quirky (funny?) short story? My goal here is to present some […]