Jim Wang

Jim Wang is a forty-something father of four who is a frequent contributor to Forbes and Vanguard’s Blog. He has also been fortunate to have appeared in the New York Times, Baltimore Sun, Entrepreneur, and Marketplace Money.

Jim has a B.S. in Computer Science and Economics from Carnegie Mellon University, an M.S. in Information Technology – Software Engineering from Carnegie Mellon University, as well as a Masters in Business Administration from Johns Hopkins University. His approach to personal finance is that of an engineer, breaking down complex subjects into bite-sized easily understood concepts that you can use in your daily life.

One of his favorite tools (here’s my treasure chest of tools,, everything I use) is Personal Capital, which enables him to manage his finances in just 15-minutes each month. They also offer financial planning, such as a Retirement Planning Tool that can tell you if you’re on track to retire when you want. It’s free.

He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn’t want a second job, it’s diversified small investments in a few commercial properties and farms in Illinois, Louisiana, and California through AcreTrader.

Recently, he’s invested in a few pieces of art on Masterworks too.

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Opinions expressed here are the author’s alone, not those of any bank or financial institution. This content has not been reviewed, approved or otherwise endorsed by any of these entities.

Recent Articles by Jim

The fundamental misunderstanding about budgeting

Budgeting suffers from a marketing problem. We all misunderstand the purpose of a budget and often think solely about how it's about restriction. Budgeting is about freeing your spending, not tying it up.

Swagbucks Review 2024: Is Swagbucks Worth It?

Swagbucks is an online rewards platform that allows you to earn points for completing various activities, including surveys, surfing the web, playing games, and shopping online. You can redeem the points you earn for various rewards. Is Swagbucks worth it? Find out in this Swagbucks review.

How to Redeem Your Costco Reward Certificate

Did you get a Costco reward certificate and are wondering how to redeem it? We explain how you can get it direct deposited, with step by step instructions, plus the fastest way to get it redeemed in store.

How Much Should Tax Preparation Cost in 2024?

Taxes can be scary but it's nothing compared to how much it can cost to have an accountant prepare your taxes! See how much you'll have to pay a professional and a few tips on how you can save money.

The Rule of 10

How much is $100 worth in 30 years? If it grows at 8% a year, it'll be worth over a thousand dollars. Learn how the Rule of 10 can be your friend in learning how to save for your retirement.

Don’t Fall Victim to Mimetic Desire

Mimetic desire is a theory that your desires are influenced by the people around you. Conceptualized by a 20th-century French philosopher, mimetic desire is present in almost everything we do. Learn how to leverage it for good and resist it when it's bad.

E*TRADE Bonus Promotions: up to $1,000

Did you know E*TRADE will give you cash to open a new account? See the new account brokerage bonuses they pay out for large deposits before you open your account.

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