finances

Tagged Discussions

Jim Bauer @porwest (112717) • United States 23 Oct

Although it may, on the surface, sound counterintuitive, relying solely on a paycheck to carry you through life is a dangerous gamble—and one that almost always ends the same way. It leaves you broke. It's not a question of...

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5 people

Find Your Number

Jim Bauer @porwest (112717) • United States 13 Oct

What is retirement? It's really just a number that is preceded by a question. "How much do I need to comfortably live?" Is it a highly advanced mathematical equation you need to use? No. Not at all. The easiest way to [i]find...

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6 people

You've Got to Think Like a Business, Trust Me...it Works

Jim Bauer @porwest (112717) • United States 2 Mar 25

In the world of business, we often use the phrase, opportunity cost. It essentially refers to the financial consequence of not pursuing an action that could have generated more revenue for the business. For example: •...

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4 people

Big Tech Could Soon Own Banks??

J.N.R Dutton @jnrdutton (3447) • United States 30 Nov 24

Good morning, everyone. I recently heard that big tech could soon own banks. I don't know that I'm a fan of that possibility at all. Don't they have enough access to our data as it is? Just saying. Is there nothing they won't...

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7 people

I Watched a Sad Doc Lastnight

celticeagle @celticeagle (189789) • Boise, Idaho 20 Oct 24

I won't be on long. I'm not feeling well. But, I wanted to post about this documentary I watched last night. It was about Brittany Spears. I had been curious and heard a lot about what went on with her but hadn't watched anything...

conservatorship

laws

finances

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5 people

Life is Getting Me Down

patgalca @patgalca (18481) • Orangeville, Ontario 19 Sep 24

Recently I had to renew my driver's license and my health card. Last time we were allowed to renew online using the same picture from the previous cards. I received my new driver's license today. Oh my God! I hate myself. We're...

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11 people

What is the most significant financial lesson you've learned from your own experiences or observations?

thriftymom @thriftymom83 (32) 14 Jul 23

The lesson I have learned is the importance of building and maintaining an emergency fund. Allow me to take you back to a time when I faced a financial crisis that taught me this valuable lesson. Several years ago, I found myself...

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1 person

very bad news yesterday

Kelli M @spiderdust (14756) • San Jose, California 21 Jan 23

When getting ready for work yesterday morning, I saw on the news that a major tech company, one that employed a household member, was cutting 12K+ jobs. I wondered if that was going to impact us. And it did. He found out via...

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17 people

January Blues?

Kandase @Kandae11 (57233) 11 Jan 23

Are you the kind of person who would plan and budget carefully or are you a shopoholic ?- especially during the holidays. Yesterday l heard a woman in the market complaining that she was near broke and it was not yet mid...

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12 people

Struggling

Aleah @aleahcim0827 (38) • Manila, Philippines 5 Sep 22

I am a university graduate but I am currently unemployed. I do apply in a lot of companies and attend interviews. I always get a job offer after the interview. But the reason I do not accept the job every time is that they won't...

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10 people

Got my first check

Quilter @fatragu (677) • United States 5 Sep 22

I got my first check at my new job and managed to spend the entire thing in 17 minutes. Got rid of all of the disconnect notices we had and got rent paid and some set aside for gas. Got 3 credit cards paid on and also got new car...

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4 people

Do you Tik Tok?

Quilter @fatragu (677) • United States 19 Aug 22

I have two Tik Tok's. One is for my crafting and one is me dragging myself and kids out of generational poverty. I just landed a job that is a HUGE change for me. I was cleaning homes and delivering food and now I drive a...

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6 people

Money Makes Money, No Sacrifice Necessary

Jim Bauer @porwest (112717) • United States 15 Aug 22

When you save and invest money you do not sacrifice. You do not necessarily lose money. You simply take it off the table to spend in the short term, and this is an important distinction to make. [i]Saved and...

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8 people

The 24/48 Proposition

Jim Bauer @porwest (112717) • United States 18 Jul 22

I am a planner to the core, and I always like to be fully prepared for whatever comes at me. Life is unpredictable. And so being able to navigate whatever comes at you is always an important thing to me. I think it should be an...

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11 people

Create Your Own Economy

Jim Bauer @porwest (112717) • United States 30 Jun 22

Rush Limbaugh was a man who was, of course, known for his strong conservative political views. His radio talk show was historically the most successful and most widely listened to radio show to ever hit the airwaves. And there was...

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9 people

Simply Make More Money

Jim Bauer @porwest (112717) • United States 9 Jun 22

Of course that is a bit of a misnomer isn't it? How do you deal with inflation? Well, besides being creative about every aspect of your financial life, you simply have to make more money. It is your best hedge. It's working a...

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10 people

Finances & Financial Goals Update May 2022

maezee @maezee (41985) • United States 24 May 22

Whoa, it has been a very long time since I've been on here - at least a couple months. I keep trying to make time for it and then I forget, get distracted, or "run out of time", so it just has not felt possible. In fact, rarely do...

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5 people

How much Should One Disclose?

Kandase @Kandae11 (57233) 23 Apr 22

I heard the story of a man who almost fainted when he found out that the person he was paying rent to was actually his wife.! Many married couples hold joint accounts and are aware of each other's financial status- but there are...

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26 people

Because It's Fun To Dream

Jim Bauer @porwest (112717) • United States 15 Apr 22

Hmm. So, the Powerball for Saturday the 16th of April is set at a current jackpot of $325 million. So, what would I do? Invest most of it of course. After taxes I would receive roughly $97.5 million. I would take $2 million...

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9 people

The Real Cost of Inflation

Jim Bauer @porwest (112717) • United States 1 Apr 22

NOT A POLITICAL POST! When we talk about inflation of course we all know what that means, and especially when inflation is a whopping 8%, the highest since the 1980s, no one is dismissive of the pinch. You simply can't...

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5 people