Category: Finance
How Compound Interest Builds Wealth Over Time
A few years back, I was talking to an old coworker who was getting ready to retire. I asked him what his biggest financial regret was, expecting him to mention a bad investment or an expensive purchase. Instead, he paused for a second, smiled, and said, “I wish someone had sat me down at twenty-two…
Emergency Fund vs Investing: The Smart Way to Decide Which Comes First
When deciding between an emergency fund vs investing, it usually comes down to one stressful moment. A few years ago, my car’s alternator quit on me during a rainy Tuesday evening. One minute I was driving home, and the next I was standing in a repair shop hearing that it would cost about $750 to…
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