FIND YOUR FINANCIAL GRIT: A STEP-BY-STEP GUIDE

Winning with money is not an easy path to walk. The experience can definitely feel like a walk through the mud. If financial success had a mascot, it would definitely be the iconic tortoise from “The Tortoise and the Hare.” How does the Tortoise win with a clear disadvantage and the odds stacked against him? I bet if we had a chance to ask him, we would find that he’s got a lot of grit. In her popular Ted Talk, University of Pennsylvania Professor and Psychologist Angela Lee Duckworth defines “grit” as “passion and perseverance for very long-term goals.” She …

Paying Off Debt: Why, Ultimately, It’s All About “Me”

Should I focus on paying off debt by paying extra on my student loan and mortgage debts, or should I just pay the monthly amount due and put extra into my investments? I’ve been asked “Should I be focused on paying off debt or investing?” more times than I can now specifically recall. My old answer was: “Are you nuts?! Pay off the debt as fast as possible!” Where I come from, debt is bad. The entire thought of it gives me the heebie-jeebies. My soul hurts when I remember the days of living under my debtor over-lords. I took a …