Posts by Brian O'Connell
The Gold Collar Worker
If you want to become wealthy, one thing is certain: You need to radically increase your income. Michael Masterson has said it before, and he spends a lot of time on this concept in Automatic Wealth. It’s that important. In short, it’s all about becoming a valuable employee – what some career experts call “a…
Read MorePrescription for Wealth Starts With a Financial Check-Up
Quick … what’s your favorite food? When is your birthday? Who won the World Series? What’s your personal net worth? Okay, so the first three were gimmes. But that last question wasn’t. And not knowing the answer to it can spell the difference between success and failure in the personal financial planning game. Yet, as…
Read MoreThe Fine Art of Building a Budget
Building a budget is now a fine art, with the trick being to add the third component of saving, alongside income and expenses.
Read MoreThose Credit Card Blues
No doubt you’ve heard the refrain that all debt is bad. Economic experts say so all the time, using the most disapproving tone they can muster up to tell Americans not to accumulate debt. But as with most proclamations from so-called “experts,” the notion that all debt is bad is a canard. Sure, too much…
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