We’re surrounded by financial advice, often in the form of lists containing 10 (or 25! or 50!) things you can do to help solve a particular problem. While much of this information is useful, it can also be overwhelming. Where do you begin? On what things should you focus your efforts? I’d suggest starting with […]
Archive for the ‘Asset Accumulation’ Category
Want to See How You’re Doing Financially Compared to Others Like You? Use This Tool To Find Out.
April 12th, 2014 
admin Have you ever wondered how you’re doing financially compared to others? If you’re like me, it’s pretty hard to pass by those articles that show the average earnings of U.S. workers by occupation type. Usually my first thoughts are: – Am I doing better than others in my field? – Which occupations tend to pay […]
Wealth and Cash Flow Lessons from Donald Trump. Will You Be an Apprentice?
March 14th, 2014 admin For most people the name Donald Trump conjures up many images — the hair, the pout, the Tower, the casinos. And, of course, “The Apprentice.” He is certainly one of our culture’s most recognizable personalities, and since the 1970s he has accumulated enormous wealth But has that wealth made him financially independent? Not necessarily, at […]
Posted in Asset Accumulation, Assets, Cash Flow, Debt, Debt Reduction, financial behavior, Financial Independence, Investments, Liabilities, Net Worth, Wealth 
Tags: assets, cash flow, cashflownavigator, debt, donald trump, financial independence, Keith Whelan, liabilities, net worth, wealth 
No Comments »7 Habits of the Financially Successful
January 24th, 2014 admin This article, written by Keith Whelan, was recently posted on Wise Bread’s personal finance site. If you think about it, achieving success in some of our most important life activities requires two key ingredients: Knowledge + Behavior. Knowledge by itself isn’t enough; knowing what to do only gets you halfway there…you also need to follow […]
Posted in Asset Accumulation, Cash Flow, financial behavior, Financial Independence, Financial Planning, Net Worth, Retirement, Savings, Wealth, Wealth Accumulation Tags: cash flow, cash flow navigator, cashflownavigator, financial behavior, financial independence, Keith Whelan, wealth No Comments »Get Ahead When You’re Young, Part 1: Share an Apartment
August 12th, 2013 admin Reduce Your Biggest Early Cash Flow Drag and Put the Extra Savings to Good Use If you’re in your 20s you’re probably facing a number of unique economic challenges. Through no fault of your own you’ve been hit with the proverbial double-whammy: a deep recession that just won’t quit AND a major restructuring of the […]
Avoid “Penalty Fee Grief” with Skillful Use of Bill Payment Tools
February 15th, 2013 admin Swiss American psychiatrist Elisabeth Kubler-Ross discovered that we all tend to go through five stages of grieving: denial, anger, bargaining, depression and acceptance. These stages were originally associated with people who are suffering from terminal illness, but since then they’ve been found to apply more broadly to other types of loss, including financial loss. And […]
Posted in Asset Accumulation, Assets, Cash Flow, Debt, Debt Reduction, Financial Independence, Financial Life Cycle, Financial Planning, Liabilities, Net Worth, Savings, Wealth, Wealth Accumulation Tags: bill pay, bounced check fees, budget management, cash flow navigator, cashflownavigator, checking account, credit line, daily living expenses, financial independence, financial life cycle, float, Keith Whelan, online checking, overdraft, penalty fees, variable living expenses No Comments »The Secret to Winning at Monopoly™
January 9th, 2013 admin The Famous Board Game Offers Lessons on Real Estate’s Rewards – and Risks Monopoly is one of the most popular board games of the past century. And why not? It gives you the opportunity to acquire wealth in form of real estate AND to generate cash flow not just from the properties but by also […]
Posted in Asset Accumulation, Assets, Cash Flow, Debt, Debt Accumulation, Debt Reduction, Financial Independence, Financial Life Cycle, Financial Planning, Investments, Liabilities, Net Worth, Savings, Wealth, Wealth Accumulation Tags: cash flow, cash flow navigator, cashflownavigator, debt, financial independence, financial life cycle, income, investment, Keith Whelan, leverage, Monopoly, wealth No Comments »Wealth and Cash Flow Lessons from The Millionaire Next Door
December 13th, 2012 admin Attitudes and Behaviors of the Affluent – How do you Compare? Thomas J. Stanley and William D. Danko have met with and conducted research among wealthy Americans since the early 1970s. As the title of their first book The Millionaire Next Door suggests, the profile of a typical millionaire might surprise you. For example, most […]
Posted in Asset Accumulation, Assets, Cash Flow, Debt, Debt Reduction, Financial Independence, Financial Life Cycle, Financial Planning, Liabilities, Net Worth, Retirement, Savings, Uncategorized, Wealth, Wealth Accumulation Tags: cash flow, cash flow navigator, cashflownavigator, financial independence, financial life cycle, income, investments, Keith Whelan, millionaire, rich, wealth, Wealth and Cash Flow Millionaire Next Door, wealthy No Comments »Get Ahead of Vehicle Debt by Staggering Purchases
October 22nd, 2012 admin Use the Savings to Speed Past Other Debts I was taught to set goals that are challenging but achievable. Accordingly, I set a goal to keep a car for 12 years before burying it. A few decades ago that would have been unrealistic but thankfully today’s vehicles, if properly maintained, can run for 200,000 miles […]
Getting Ahead Early, Part 3: Moving Forward in the Financial Life Cycle with the Help of Rental Income
June 29th, 2012 admin Creating a Cash Flow Source in Your 20s or 30s OK, so let’s say you’re in your 20s and with the help of a family savings and investment account (see Part 2 of this series) you have little or no debt and $20-25,000 in liquid accounts (savings, stock). What can you do to build on […]
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