Opportunity Cost of New TV

Today one of my good friends and I were watching a sporting event on my TV at my apartment.  I have a 32” flat screen TV that by my standards is pretty large.  However, my living room has a lot of space, so it dwarfs the dimensions of the TV and makes it look small. Continue reading “Opportunity Cost of New TV”

How Inflation Affects Debt

We have talked about the effects of inflation on the value of the dollar before.  Now how does this translate to our everyday lives?  One key thing to understand about inflation is how it affects debts that you may owe or that someone owes to you.  Understanding the basics will not only help you understandContinue reading “How Inflation Affects Debt”

Declutter

I have continued to sell things around the house on eBay.  It has turned into a bigger project than I ever thought it would be.  I initially started selling things off because I had a bunch of clutter taking up a lot of space in my apartment.  Then I realized that selling all of thisContinue reading “Declutter”

Why The Rich Get Richer

Everyone has heard the phrase “The rich get richer”, and that is a true statement in a lot of cases.  Most wealthy individuals have a particular mindset that not only allowed them to gain extravagant wealth in the first place but also to continue growing their assets as they accumulate more and more resources.  TheyContinue reading “Why The Rich Get Richer”

One of the Oldest Ways to Increase Savings

This weekend I decided to sit down and roll all of my loose change in order to deposit it at Bank of America (BAC).  For some reason BAC only accepts rolled coins and will not take more than five dollars in loose change deposits.  Regardless, I have always found that loose change is a greatContinue reading “One of the Oldest Ways to Increase Savings”