Are you concerned about identity theft? If you aren’t, you should be. The Bureau of Justice reported that 7% of persons age 16 and older were victims of identity theft in 2014. 86% of victims experienced “fraudulent use of existing account information.” 14% of victims had out of pocket losses of at least a dollar, […]
Whether you know it or not, you have a financial system.
If you didn't sit down and explicitly design it, it may be a little messy. It may have accounts you no longer need, credit cards you stopped using, and other relics you need to clean up.
It may not have some features you'd otherwise want but just haven't gotten around to because life has a funny way of getting in the way.
This category focuses on the big picture systems you put into place to make the rest of your life easier.
Your email address is the center of your digital life. If you’re like me, you have one main email address that you use for everything. Social media accounts like Facebook, Twitter, and Pinterest will resolve back to my main Gmail account. Any services I pay for like Spotify and Netflix, they also use my main […]
My friend Larry shared a harrowing story with me recently. Someone managed to get access to his Fidelity account and was trying to transfer out his funds! This wasn’t someone getting his credit card and buying something. You’re protected in that kind of situation and you’re not liable for more than $50 on unauthorized charges […]
I collected comic books when I was younger. Well, collected is probably a misnomer. I read comic books as a child and I put them in plastic sleeves with non-acidic cardboard backers and then put them in a long box. That box now sits in my basement and brings back fond memories. I even taped […]
For years, I thought about getting home safe. We don’t have much in the way of valuables in our house, our most valuable items are electronics and those don’t serve a purpose locked inside a metal box. I did like the idea of putting our important documents in a safe place but with everything stored […]
Ratios are everywhere. Have you ever baked a loaf of bread? The recipe always looks complex but it relies on one key ratio: 5 parts flour to 3 parts liquid. Fresh pasta is just 3 parts flour and 2 parts egg. These ratios are important because if you can’t remember the specific recipes, a ratio […]
I don’t like the big hullabaloo around New Year’s Resolutions. The selfish part of me dislikes how many more people show up at the gym in January. While that’s good for them (and the gym’s finances!), I know that most will be gone by mid-February to early-March. It’s just how it is every year. The […]
When this post first goes live, it’ll be December 28th, 2015. There are just a handful of days before the ball drops in Times Square and we usher in the new year. I want to share one last minute money move that I promise you won’t read or hear anywhere else. Stop trying to optimize […]
‘Tis the season to get scammed! With billions of dollars swirling around the internet, it’s no surprise that credit card fraud would be on the rise. One of the more unorthodox things I do is get credit card transaction notifications via email. On any amount greater than $0.00. That’s right, I get every last transaction. […]
We keep twelve months of expenses as an emergency fund and I’ve often been asked – “what do you do with the money?” The answer: nothing. It has to be 100% safe and 99.999% liquid in case of emergencies so I don’t do anything foolish like stick it in the stock market When I say […]