Watson Inc

By: Roshawn WatsonLast year, a study indicated that those growing up in the 1930s are 3 times less likely to invest than those who grew up during better economic times. Fast forward eighty years, and we have had a series of economic crises collectively known as The Great Recession. What is the impact of the… Continue reading Young People Avoiding Investing In Record Numbers

By: Roshawn WatsonHave you ever wanted to learn personal finance tips from a decamillionaire? I thought so. In my first guest post since the Watson Inc relaunch in September, we’ll discuss three decamillionaire-vetted tips that will make you a financial champion on literally one of best personal finance sites around! Come back on Friday, and… Continue reading Decamillionaire Tips Round Up

By: Roshawn Watson There are a plethora of articles telling us to be more frugal. Some tell us to get rid of our lattes and gym memberships. Some even tout “frugality” for “frugality” sake, essentially arguing the perils of consumerism. While I am an advocate for frugality, as I think we should be financially responsible,… Continue reading Too Frugal For Your Own Good

Welcome to the October 29, 2011 Edition #208 of the Carnivalof Financial Planning. The Carnival of Financial Planningtakes a long-term view of personal financial planning for individualsand families. We focus on efficient and sustainable personal financialplanning practices that can lead to lifetime financialsecurity. This edition is arranged by subject heading, so that you canbrowse efficiently.… Continue reading Carnival of Financial Planning – Edition #208 – October 29, 2011

By: Roshawn Watson A recent US News article suggests that a) investing is sold as a panaceas to all of our financial ailments and b) that this undermines more important efforts, namely “educating investors on establishing goals and making tough budgeting decisions.” Although the issue is complex, the article made me ask the following question:… Continue reading Is Saving More Important Than Investing?

By: Roshawn Watson A recent USA Today article suggests that the typical American family got poorer in the last 10 years. They cite the following as their rationale: According to the Census Bureau, the median household income decreased by 2.3% to $49,445 last year and has fallen 7% since 2000 after adjusting for inflation. Inflation… Continue reading Did Americans Get Poorer or is USA Today Wrong?

By: Roshawn Watson Death is not the greatest loss in life. The greatest loss is what dies inside us while we live (Norman Cousins) Most of us rejoice when someone hits the ball out of the park and the cover off of the ball. We know that extreme success, financial and otherwise, requires effort on… Continue reading ‘The Rich’ Are an Ever-Changing Group… Get Yours!

By: Roshawn Watson Perhaps if you are a Kardashian or a Hilton and can somehow monetize your luxurious purchases through endorsements, appearance fees, products, licensing/merchandising deals,  and a myriad of other ways celebupreneurs (celebrity entrepreneurs) justify and/or pay for extravagant purchases, then at least there’s potential for a financial upside of such expenses. Applying the… Continue reading Parasite of Wealth

By: Roshawn Watson Housing is one of the biggest expenses most of us have. Making the quality decision to greatly diminish one’s living expenses through owning a home outright can have reverberations throughout your entire financial world. It could be the single choice that determines whether you will retire with dignity, be able to adequately… Continue reading Should You Pay-off the House?

By: Roshawn Watson Sometimes facing reality is no fun. Many people realize the implications of being indebted: their debt steals their income and often their lives. They work to make the bank more prosperous but are barely treading water themselves. In general, their money goes towards liabilities and expenses. Wealth-generation may be the goal but… Continue reading Labeling Debt To Make It More Palatable