Most of us have something that we absolutely love to do. But life often gets in the way of that passion.
About Michael Rivas
This author has not written his bio yet.
But we are proud to say that Michael Rivas contributed 68 entries already.
Entries by Michael Rivas
Yes, it sounds harsh. But this is an important financial reality to understand: you should prioritize your retirement savings over saving for your kids’ college expenses.
It’s well worth understanding how to make the most of your vacations, you’re better off saving your money for trips, experiences, and various destinations — not a second home.
Trying to cut back on your spending gets tedious when you focus on minute details. Yes, it’s important to track every dollar — but to feel anxious about spending on small purchases that you value because you’re trying to save more and spend less?
No one can guarantee when the markets will go up or down. Lots of talking heads and so-called “experts” like to claim they know when factors like news items or current events will impact how the stock market behaves, but it’s all guesswork.
Is buying investment property a wise idea? Is it the best way to build wealth? Is rental property really ‘risk averse’?
Generation X has some problems—and not just their own. Perhaps the biggest one of all is that this group has everyone else’s problems too!
Forget boomers and millennials, Gen Xers need advisers’ help the most
Even though they are in their peak earning years, they have the poorest financial habits
Change may be a given, but even when we know it’s for the better, shifting our own thinking can be quite a challenge.
The fact is, all that financial “news” means absolutely nothing to the normal investor. Sure, the play-by-play changes in the stock market may make a difference to the day traders—at least for the day. And yes, the clicks on CNN’s website will make a difference to some marketing genius’s commission check. But for anyone investing for the long term, none of it matters. It’s just noise.