Written By Paula Pant
Imagine this:
You hop on a flight to Brazil or Costa Rica or Thailand. You spend a month reveling in the sand and surf. You taste new foods. You discover new music. You spot wildlife you’ve never imagined.
You don’t check email the entire time. Heck, you don’t even post photos to Facebook. You’re radically offline — […]
Written By Paula Pant
Myth: Wealth comes from living below your means.
Fact: Frugality is the first step, not the last.
I’d like to tell you about one of the most interesting couples I know.
They were apartment-dwellers when we met, and I don’t mean the New York City variety. Their dark, musty apartment festered in an area where land is plentiful and square footage is cheap, where apartments […]
Written By Paula Pant
Last year I blindfolded myself, threw darts at a list of stocks, and bought the first 10 that I hit.
I let them ride for a year and showed you the results.
This year I’m embarking on a ploy that’s a tad less crazy, but far more heated:
I’m competing against 19 financial writers in […]
Written By Paula Pant
Launch into any money-related conversation and you’ll inevitably hear the following bad financial advice:
“But it worked for me!”
Those insidious five little words have been used to justify all types of terrible ideas, from buying lottery tickets to over-leveraging your investments to investing every last dime into Apple stock.
Let’s try […]
Written By Paula Pant
You know that sinking feeling in the pit of your stomach, when you decide to remodel your kitchen …
… and you think it’ll cost $5,000 ….
… and it ends up costing triple your estimate?
Yeah.
[…]
Written By Paula Pant
I can’t believe I’m saying this: Dear Readers, I’d like to introduce you to Rental House #3.
“But Paula, didn’t you just buy a house? A couple months ago?”
Yep, it feels fast to me, too.
Check out the pics, and meet me below the photos to hear the details.
(If you’re reading by […]
Written By Paula Pant
Conventional wisdom says that you should invest in the market in small bites.
This is called “dollar-cost averaging.”
Dollar-cost averaging is the philosophy of wading slowly into the market over time, rather than diving in.
If you have a large sum of money — through a bonus, commission, gift, sale of a house or car, etc. […]
Written By Paula Pant
Retirement is such a part of our cultural fabric that it’s viewed as a basic human right.
It’s the final chapter in the American Dream: a home, a family, a secure retirement.
But it hasn’t always been this way.
For much of American history, people worked until they were too sick to work anymore. […]
