What is an Index Fund?

What is an Index Fund and Why Should I Care? I’m a huge fan of index funds. Before I started investing in index funds, I heard about them, but never understood what they were. I’d hear financial pundits say things like, “Most fund managers invest their own money in index funds.” Warren Buffet recommends long…

Guilt-Free Spending While Getting Rich

  If you’re wondering how spending and getting rich can exist in the same sentence, the answer is contained in one monthly discipline: a budget. A sexier way to say it: cash flow planning. When I talk about a budget with friends, I often hear, “Why do a budget?” or “That sounds horrible,” or “I…