It is impossible to build wealth without positive cash flow. No matter what your income, if you spend more than you make, you will always be broke.
Emergency Fund: How to Calculate Exactly How Much You Should Save
Absolutely everyone needs to have an emergency fund. But how much is enough? Learn how to calculate the exact amount you need to set aside for a rainy day.
Learn Why Cryptocurrency is a Bad Investment and Even Worse Currency
Learn why cryptocurrency is a bad investment and currency: it fails all three investment criteria and is entirely too unstable to be a useful currency.
How My Fidelity Go Robo-Advisor Account Beat the S&P 500 in 2020
See how my Fidelity Go Robo-Advisor portfolio grew by 21% in 2020, beating the S&P 500 by five percentage points, with less volatility.
Warren Buffett is Right: Investing in the S&P 500 is a Bet on America
Learn why Warren Buffett famously said that the best investment for individual investors is the S&P 500 because "there's been no better bet than America."
What it Means to Have an Upside-Down Car Loan and How to Get Out of It
Having an upside-down car loan can be a nightmare. Learn what it means to be upside-down on your car and what you can do about it.
Top 10 Personal Finance Articles in 2020
See the 10 most popular Personal Finance articles from Practically Independent in 2020. Find out what others were reading in this incredibly challenging year.
2 Personal Finance Rules of Thumb to Eliminate Debt and Build Wealth
Learn two personal finance rules of thumb to take control of your two largest expenses: housing and transportation. Don't get over-extended!
How I Got An 830 FICO Credit Score and You Can Too
A high FICO Credit Score can reduce the cost of borrowing money. Learn how to responsibly increase your credit score without taking on unnecessary debt.
How and When to do a Roth IRA Conversion
Learn what a Roth IRA Conversion is and whether it is right for you. Plus, learn the logistics of how and when to execute a Roth IRA Conversion.