The recent volatility in the stock markets around the world has put me on an emotional roller-coaster. The governments are doing what they can to prevent a global recession/depression but are they solving any fundamental issues? Absolutely not!

I think of every country as a family. The United States family has an enormous working potential and earns a lot of money for all the good that it creates every day…

Assorted United States coins
Many families in the US are going through difficult times lately mainly because of the effects of the revaluation of real estate. Every day I hear about people being negatively impacted by the current downturn. I feel that with additional preparation, the struggling families would weather this storm better. I have already said that teaching finance, discipline and especially financial discipline should be a priority for our school system but that’s not going to happen overnight. In the meantime, here are my tips on preparing for a …

Around eight years ago when we were in St. Thomas on vacation, I wrote down the following values. I had just finished a book about Benjamin Franklin and felt it was important to have my own values down on paper just as he had his. They are as relevant today as they were then. I would add a few more sentences now but we’ll leave that for another post.
Family & Love
Love your family, friends, neighbors, & others. Build trust & spend time with your family. Love thy neighbor. A strong …

Any endeavor in life requires time, resources and, of course, initiative. The topic I want to explore here relates to financial resources. We all have some idea if we are rich or poor, cash strapped or living lavishly. However, this is where a lot of people draw the line when it comes to knowing their financial situation. Entire industries exist to confuse us and to scare us to feel that we are not “trained” to handle our own finances or do not have the necessary time.
There is no excuse for …

I want to share with you a very powerful concept which I only learned recently. This is in relation to building your wealth. What is wealth aside from the dictionary definition? I define it as the storage of current purchasing power for future use. Similar to batteries that store electricity for future use and lose their power over time, wealth loses its power due to inflation and many other factors.
What does this have anything to do with “buy low, buy slow?” As you build your wealth, it is important to …