Sentient Money

It is interesting this quote comes from one of the wealthiest and most oppressive moguls of the modern era.

There is no class, so pitiably wretched, as that which possesses money and nothing else. - Andrew Carnegie

Why does it seem certain people make money, as if, by magic? The funny thing is when you finally [...]

There are many ways to get money to start a company, some better than others, but for this post I plan on focusing on one type of financing: credit cards. Yes, I know this sounds risky, but if used in the right situation the risk is minimal.
A good example is my current start-up. [...]

Well, it all began in kindergarten…seriously. The partnership is with a friend I have known since kindergarten. We have been talking about starting a business or buying a business for a long time, as we both bring different talents to a business. He is good at getting connections and using them, and [...]

Walk into any bookstore, take a look at half hour commercials, or look at any personal finance/self-help blog and what do you find?…suggested inspirational reading. Everyone has a favorite book they promote, but do they really work?
The Secret has sold several million copies just in North America, as had Robert Kiyosaki’s Rich Dad Poor [...]

We all have heard them. Anything from, “if you plan on living there for 3 years it’s better to buy than rent”, “you should contribute up to the max in a 401k”, or “index funds are the best way to go.”
I hate rules of thumb. Why? They provide a hint of [...]

Every personal finance writer has to cover the most mundane and basic financial information at some point in time, so here it is:

Start an emergency fund in a high interest on-line account. I use E*Trade, which has a 3.15% rate at this time. Many PF bloggers like ING Direct (Orange), but right now they [...]

This is one of my favorite holidays. You get a long weekend in a month of the year that isn’t blazing hot or ridiculously cold, you don’t have to buy presents, as it’s not a corporate holiday, and it actually honors people who offered a sacrifice for the greater good.
Plus, there is good beer. [...]

The oil traders were taking profits today, thus easing the fears of the market and allowing a small recovery. Don’t be fooled by the slight bump the markets will receive tomorrow from further selling in oil. No one wants to hold the kind of profit these traders have made over a 3 day [...]

In our society charitable giving is greatly encouraged. It is promoted in a fashion that suggests if you don’t give you are a heartless cretin who only cares for him or herself. How could you not give to the starving children? How can you not tithe to your church?
Well, there are a [...]