1 Equals 5
The (All-New, Old-Fashioned) Way to Wealth
Personalized finance
Got a mortgage? Did you know….
If the typical new homeowner were to pay just $1 extra towards their mortgage, they would save $5. That’s right! In fact, if they were to pay $1,000 extra, they would save $5,000. Managed efficiently, your home should be your life’s best investment.
Sure, the numbers work in the book. They’re fabulous! But what about you? How much would you save?
Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.
Albert Einstein
The (Old-Fashioned) Way to Wealth: TIPs
Daddy, really. What could I buy with a dollar?
I’m passionate about finance, and specifically personal finance! I mean, I wrote the book!…
Continue Reading Daddy, really. What could I buy with a dollar?
Youth Sports are Disappearing
Unless you’ve got a lot of money, Youth Sports are disappearing. When I was…
Homes in Order
The (Old-Fashioned) Way to Wealth
Take some tips from Benjamin Franklin and map out your very own Way to Wealth.
Way to Wealth Lessons & TIPs
Quickstart Road Map to Thrift, Industry, & Prudence and multiplying your $1.
Benjamin Franklin’s Way to Wealth taught the personal finance basics: Thrift, Industry, and Prudence. You’d be surprised how the small decisions have the biggest financial impact. It’s being able to see how $1 = $5. Once you understand how it works, a whole new world will open before you! Those who understand compound interest are destined to earn it.
Do you understand it?
Click through these lessons and get started on your very own Way to Wealth.
#1: Compound Interest
Compound interest is the eighth wonder of the world. He who understands it, earns it. He…
#2: Mortgage Basics
Mortgages are great! They allow you to buy a home. However, what most people don’t understand…
#3: 1 EQUALS 5
Mortgages are great, but not managed correctly, mortgages are EXPENSIVE! And anyone who has ever made…
#4: 2 EQUALS 1,000
OK, if you understand 1 Equals 5, you’re ready to see how 2 Equals 1,000. We…
#5: Tough Cuts: Single Purchases
OK, now that you have an understanding of 1 EQUALS 5, and even better, 2 EQUALS…
#6: Tough Cuts: Monthly Subscriptions
Alright, now we’ve seen how much a gadget or a new mode of transportation can cost…
Personalize your finances! How much will you save?
Calculate your very own financial status and get the TIPs that could save you $100,000 (or a whole lot more)!
Get what you can, and what you get hold. ‘Tis the stone that will turn all your lead into gold.
Poor Richard
Their Personal Finance Articles
There are a lot of good Personal Finance articles and resources out there. Here are some that have caught our eyes.
7 levels of wealth
A great article by “Financial Freedom” author Grant Sabatier about the steps and progression of wealth. Start with the goal in mind, and work for progression. Read the article here.
Youth Sports are Disappearing
Unless you’ve got a lot of money, Youth Sports are disappearing. When I was a kid, we just played. Outside, in the dirt, on the ballfields. We just played. When my little girl turned about 5 years old, we took her to the fields and already, people were talking about specializing in sport. Baseball, soccer,…
Is It Worth Buying a Home in 2024? 10 Tips From Housing Market Experts
Here is an interesting article on home buying timing. Q. Is it worth buying a home in 2024?A. It depends! There are some sound real estate tips here. Read Article
Continue Reading Is It Worth Buying a Home in 2024? 10 Tips From Housing Market Experts
44% of Americans can’t pay an unexpected $1,000 expense from savings. ‘We’re just not wired to save,’ expert says
This is an unbelievable article! 44% of Americans can’t pay a $1,000 expense from savings? That’s crazy!!!! That’s stressful! That’s sad. Wouldn’t it be nice to have a rainy day fund? Bankrate in this article talks about a rainy day fund and emergency funds. One interesting thing to glean from this article is where the…
Personal Finance Library
Current articles, relevant information, impactful reading.
