Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

6 Things You Must Do When Your Salary Reaches $100,000

6 Things You Must Do When Your Salary Reaches $100,000

Heather Taylor  Mon, December 12, 2022

Once your salary reaches $100,000, you need to take certain steps to ensure you stay in good financial health.  There’s a chance you already might be making some of these money moves, even if you’re earning a little less. Make sure you start taking these actions as soon as you begin earning $100,000.

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Advice, Economics, Simon Black, Personal Finance DINARRECAPS8 Advice, Economics, Simon Black, Personal Finance DINARRECAPS8

The Coming Bonanza in Distressed Debt

The Coming Bonanza in Distressed Debt

December 12, 2022  Simon Black & Sovereign Research & Advisory Group

On the morning of June 20, 1783, the Continental Congress of the United States was just starting its daily session at Independence Hall in Philadelphia when the building was suddenly mobbed by hundreds of angry people.

It turned out the protesters were soldiers who had fought in the American Revolution. And they wanted their money.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Ideas That Changed My Life

Ideas That Changed My Life

DEC 7, 2022  by Morgan Housel @morganhousel

You spend years trying to learn new stuff but then look back and realize that maybe like 10 big ideas truly changed how you think and drive most of what you believe.

Brent Beshore recently listed the biggest ideas that changed his life. A few of mine:

Everyone belongs to a tribe and underestimates how influential that tribe is on their thinking. There is little correlation between climate change denial and scientific literacy. But there is a strong correlation between climate change denial and political affiliation. That’s an extreme example, but everyone has views persuaded by identity over pure analysis. There’s four parts to this:

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Ideas That Changed My Life

deas That Changed My Life

DEC 7, 2022  by Morgan Housel @morganhousel

You spend years trying to learn new stuff but then look back and realize that maybe like 10 big ideas truly changed how you think and drive most of what you believe.

Brent Beshore recently listed the biggest ideas that changed his life. A few of mine:

Everyone belongs to a tribe and underestimates how influential that tribe is on their thinking. There is little correlation between climate change denial and scientific literacy. But there is a strong correlation between climate change denial and political affiliation. That’s an extreme example, but everyone has views persuaded by identity over pure analysis. There’s four parts to this:

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

How I Successfully Appealed My Home Appraisal When It Was Wrong

How I Successfully Appealed My Home Appraisal When It Was Wrong

Updated: November 25, 2022 By Robert Farrington

Appeal Home Appraisal

If you've been through the home purchasing and lending process before, you know it is extremely tedious. You have to fill out long applications, get a bunch of paper work in order, and so on. In general, it is a lot of "hurry up, then wait". But the biggest factor most people are waiting on is the home appraisal.   Well, last week, after a period of waiting, we got the appraisal back on the house we were looking to buy, and it ended up coming in a full $70,000 below our offer price, and well below fair market value to similar properties inside the same development. SO IRRITATING!

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

5 Tips To Help You Build Your Wealth From Nothing

5 Tips To Help You Build Your Wealth From Nothing

Personal Finance - Janice Friedman - May 17, 2018

A personal financial statement shows an individual’s net worth and their general financial position. It also shows the breakdown of the individuals’ total assets and the total liabilities. Personal financial ratios help to make sense of the individuals’ personal financial position. Think of these accumulated wealth tips for growing your personal financial statements and improving your personal finance ratios.

I love tracking my net worth and income using WeVest. This is a great way to follow your personal financial statements and personal financial ratios to ensure you are on track for financial freedom.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

8 Ways to Improve Your Money Mindset

The Psychology of Money: 8 Ways to Improve Your Money Mindset

August 31, 2022 by Sam Stone

As the old saying goes, personal finance is ‘mostly personal and a little bit financial.’

Long-term growth and success rely more on our habits and behaviors than on complex knowledge and advanced strategies. Learning a few key points on the psychology of money can go a long way to building the right mindset for prosperity.  Let’s look at a few far-reaching psychological concepts that play an outsized role in our financial lives, including some of the biases and fallacies that can point us in the wrong direction.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Actual Money Fights We’ve Had (and How We Solved Them)

Actual Money Fights We’ve Had (and How We Solved Them)

December 05, 2022 MST  Category: Budgeting, Investing, Personal Finance, Spending

By Dr. Margaret Curtis, WCI Columnist (White Coat Investor)

My husband and I recently celebrated our 20th wedding anniversary (although, now that I think about it, we didn’t observe the occasion with anything more than a “nice job, babe.” We need to learn to live a little). Twenty years, two medical careers, three kids, six dogs, and many, many conversations about money later, we don’t just have shared financial goals: we have learned how to think about money in the same way.

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Don’t Try to Get Rich Twice

Don’t Try to Get Rich Twice

December 6, 2022 by Ben Carlson

Before becoming one of the most important movie studio executives of the 1970s, Robert Evans took a break from the glitz and glam of Hollywood to work for his brother’s apparel line, Evan-Picone.

The company was so fashionable in the 1960s that every investment bank was pushing them to go public. Before going that route, Robert’s brother Charles put a call into Charlie Revson, the founder and owner of Revlon. After six months of back-and-forth negotiations, Revlon agreed to buy Evan-Picone. The deal was for $12 million (which would be more like $100 million today).

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Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

5 Tips To Help You Build Your Wealth From Nothing

5 Tips To Help You Build Your Wealth From Nothing

Personal Finance - Janice Friedman

A personal financial statement shows an individual’s net worth and their general financial position. It also shows the breakdown of the individuals’ total assets and the total liabilities. Personal financial ratios help to make sense of the individuals’ personal financial position. Think of these accumulated wealth tips for growing your personal financial statements and improving your personal finance ratios.

I love tracking my net worth and income using WeVest. This is a great way to follow your personal financial statements and personal financial ratios to ensure you are on track for financial freedom.

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Top 10 Quotes About Financial Freedom

Top 10 Quotes About Financial Freedom

Personal Finance - Janice Friedman - May 3, 2018

These Quotes Will Surely Inspire You Popular quotes about financial freedom are epic financial ideas put in a nutshell or in a few words. These quotes about financial freedom help to motivate, inspire and encourage one on their financial pursuits. In life, one main goal we all have is that we want to be financially independent. We want to be able to afford different things and experiences in our lifetime without struggling.

To achieve financial success, there are steps that one should be willing to pursue. The 3 key steps to financial freedom include:

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