Latest InPersonal Finance
"The top two reasons for divorce are money and communication. Yet, when you divorce or separate with kids, you have to communicate about money. So it doesn’t get better, it gets worse. Child support is the one bill in life that you don’t get a reminder for."
"How should we prepare ourselves for financial stability over the next four years, pending the outcome of this year's presidential election?"
"One of the big challenges is there are so many desperate decisions people have to make to achieve financial security. It’s education, career and investment decisions. I found that many of the business concepts I was working with as a professional investor seemed to apply to my family circumstances."
"Something that people don’t appreciate is how much investing in their human capital can help them earn an appropriate living; reading books, getting a degree, making connections, building those relationships. These are going to be huge predictors of how you do financially over your lifetime."
"I'm a marketing manager with a big pharmaceutical company making $136K in addition to a bonus. An opportunity came my way, I interviewed and got an offer for $140K with no bonus. I'm in negotiations with the company and explained that if I sign on with them I'll be taking a $20-30K hit. What should I do?"
"I cannot stress this enough, focus not on perfection. Nothing is ever going to be perfect... you’re always going to be improving. So, get out there as soon as possible."
"My show is about trying to teach the world patience, tolerance and understanding. I don’t think we have enough of it. It's about trying to have a conversation about something you love, food, rather than about things that divide us like political preferences, skin color, etc."
"I was approved for my first credit card in college. It was a $300 student card. I now have other cards that offer better rates and rewards. Plus, this card has a $300 limit, so I risk hurting my credit utilization ratio. Should I close the card or keep it open?"
"Raising four children on one income was a very difficult job. So we taught them that more than money, there’s many other important things in life. Like helping other people do whatever job you want in return for getting your jobs done."
