The amount of interest you pay on your home mortgage may have the biggest impact on your personal finances over your lifetime. Not sure you believe me? Well, consider this example: I really like Bankrate’s website, and the site provides a simple home mortgage interest calculator. Let’s assume that you’re buying a $300,000 home loan, […]
Surprising Reasons Why Higher Interest Rates Impact Stock Portfolios
in Personal Finance/by Kenneth W. BoydI had to get a knot out of a drawstring bag the other day. Funny- when you start to pull the knot apart, you may be surprised at how the strings are intertwined. This is an analogy for the relationship between higher interest rate and your stock portfolio. The connection may surprise you. Have a […]
The Cross-Country Flight: A Personal Finance Story (Chap 5)
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 about 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 (even funny) short story? My goal here is to […]
From Diamonds To Dirt: How Do Wealthy Men Sink Into Debt?
in Personal Finance/by Kenneth W. Boyd“There’s a lady who’s sure All that glitters is gold And she’s buying a stairway to heaven.” (Thanks, Led Zeppelin) This may be hard to digest but it’s true: some wealthy people get into debt troubles- and there are plenty of reasons why. People may take on huge debts that can’t afford to pay off, and a […]
Thanksgiving: A Personal Finance Story (Chap. 4)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? My goal here […]
The Shocking Truth About $9.99
in Personal Finance/by Kenneth W. BoydDoes $9.99 really make that much of a difference? It dawned on me on the Wednesday before Thanskgiving that I had subscription fees that were posting over the holiday weekend. They were on my budget as expense items, but I still needed to reconcile my bank account to see if they had posted correctly. Not […]
Halloween Night: A Personal Finance Story (Chap. 3)
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 about 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 (even funny) short story? My goal here […]
6 Ways To Reduce Your Home Mortgage Interest Costs
in Mortgages and Loans/by Kenneth W. BoydThe amount of interest you pay on your home mortgage may have the biggest impact on your personal finances over your lifetime. Not sure you believe me? Well, consider this example: I really like Bankrate’s website, and the site provides a simple home mortgage interest calculator. Let’s assume that you’re buying a $300,000 home loan, […]
How To Make Smart Decisions About Credit Card Car Rental Insurance
in Credit Cards/by Kenneth W. BoydThere’s nothing worse than getting off of an airplane. You’re tired, and probably in a bit of a mental fog. About a year ago, I got off of a plane, expecting to get on a connecting flight to my destination. I looked at my watch, which indicated that I had arrived at the final destination […]
The Charity Walk: A Personal Finance Story (Chap. 2)
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 about personal finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some finance concepts inside of a quirky (funny?) short story? My goal here is to present […]
Budgeting at the Coffee Shop: A Personal Finance Story (Chap. 1)
in Stories: Accounting and Finance/by Kenneth W. BoydAuthors’ note: Explaining accounting and finance can be pretty dull. That’s a problem, if you need to learn accounting or finance. On a plane from St. Louis to Seattle, I decided to try and fix the problem. What if I could wrap some accounting concepts inside of a quirky (funny?) short story? My goal here […]