How Real Estate Accelerates Net Worth
I bought my first home in early 2000. Much to my parent’s chagrin, I purchased a cold, hard loft in Chicago’s gritty Fulton Market neighborhood. Surrounded by meat packing factories and industrial warehouses. It was a condo conversion. I paid $250K, with $50K down. The $50K down payment was comprised of the fruits of my […]
Should you feel bad for not tipping?
Today, I played golf for the first time in 3 years. We played at a fancy course but got a nice first timer’s discount for $20. I know that golf is an expensive sport. In addition to the greens fee, I had to buy some golf balls and tees, another $20. Then halfway through the […]
You can’t buy what you don’t know about
The biggest problem that most Americans in terms of their finances is that they cannot control their spending. They say that it’s not what you earn, it’s what you spend, and to a degree, that is true. There are countless stories out there of folks with low-paying occupations that ended up with a […]