It's been said that failing to plan is planning to fail -- especially with respect to personal finances. And although you may be prepared, one of the biggest mistakes any household CEO can make is to abandon their financial plan during extended ...
Continue reading 100 Words On: One of the Biggest Mistakes a Household CEO Can Make
100 Words On: How Smart People Make High Risk Ventures Pay Off
Risk and reward are inextricably intertwined. Of course, the richest rewards come to those who are willing to take the biggest risks. The oft-forgotten corollary to that strategy is that, by its very nature, high risk endeavors also have a greater ...
Continue reading 100 Words On: How Smart People Make High Risk Ventures Pay Off
100 Words On: Donating to the Company Charity Drive
This is a guest post from Erin Baker who has several blogs including The Dog Ate My Wallet and, appropriately, 100 Words On. Check them both out when you get a chance!
The Holiday Giving Season is almost upon us. If your company sponsors a ...
Continue reading 100 Words On: Donating to the Company Charity Drive
100 Words On: A Grim Warning to Those Who Think Money Grows On Trees
A democracy can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the treasury, with the result ...
Continue reading 100 Words On: A Grim Warning to Those Who Think Money Grows On Trees
100 Words On: Saving Your Lame Excuses for Somebody Who Cares
A wise man once said that excuses are tools of incompetence, only useful for building monuments of nothingness and bridges to nowhere. When it comes to personal finance, there are a countless number of excuses that people often use to explain why the ...
Continue reading 100 Words On: Saving Your Lame Excuses for Somebody Who Cares
100 Words On: How to Avoid Burning Out
It takes real drive to turn our biggest dreams into reality, but sometimes the relentless passion that fuels our inevitable push for success becomes counterproductive. When personal expectations finally exceed what we can reasonably achieve on our ...
Continue reading 100 Words On: How to Avoid Burning Out
100 Words On: Why Compound Interest Isn’t Everybody’s Best Friend
Invest $100 that earns a 6% annual return and you'll have $106 a year later. The uninitiated might expect to see $112 in their account after two, but they'd actually have $112.36 because interest not only accrued on the original principal of $100, ...
Continue reading 100 Words On: Why Compound Interest Isn’t Everybody’s Best Friend
100 Words On: The Baffling Allure of the Eiffel Tower
Originally built as the grand entrance to the 1889 World's Fair, today the Eiffel Tower is the undisputed romantic symbol of Paris and most-visited paid monument on Earth. Even so, that didn't stop more than 1000 travelers in a recent survey from ...
Continue reading 100 Words On: The Baffling Allure of the Eiffel Tower
100 Words On: The Importance of Making a Good First Impression
Like it or not, when it comes to evaluating others, people tend to form an opinion within 30 seconds of meeting someone for the first time. Unfortunately, that resulting initial impression is generally extremely difficult to reverse should we start ...
Continue reading 100 Words On: The Importance of Making a Good First Impression
100 Words On: Why Window Seat Fliers Are the Happiest Fliers
You may be surprised to know that many airlines are now charging extra money for a growing number of window and aisle seats. And while I might consider paying extra for a window seat, I'm still trying to understand why anyone would ever pay extra for ...
Continue reading 100 Words On: Why Window Seat Fliers Are the Happiest Fliers
100 Words On: How to Quit Dreaming and Start Doing
Robert Louis Stevenson said that there can be no fairer ambition than to excel in talk. And while that may be true for the dreamers in life, successful people know the world will always depend on doers -- folks who are motivated to follow through and ...
Continue reading 100 Words On: How to Quit Dreaming and Start Doing
100 Words On: Why It Pays to Sleep on It Prior to a Big Decision
When you’re facing an important financial decision, there’s something to be said about taking a night to think it over. That's because, when it comes right down to it, most financial decisions aren't emergencies -- although a lot of folks might think ...
Continue reading 100 Words On: Why It Pays to Sleep on It Prior to a Big Decision
100 Words On: Why You Should Resist Borrowing from Your 401(k)
Roughly 3 in 10 people now borrow money from their 401(k) retirement plans. Generally, you can borrow half your account balance -- up to $50,000 -- for as long as five years. True, it's among the cheapest loans available because the interest rate is ...
Continue reading 100 Words On: Why You Should Resist Borrowing from Your 401(k)
100 Words On: Why the Customer Is (Almost) Always Right
Almost everyone has asked a restaurant, bank, or other business to redress a particular grievance. It's debatable whether the titular idiom of this post should be credited to Marshall Field or Harry Gordon Selfridge, but it's true nevertheless. ...
Continue reading 100 Words On: Why the Customer Is (Almost) Always Right
100 Words On: Why You Should Never Buy a Timeshare
No matter what that slick salesman tells you, vacation timeshares aren't a good deal. Surprised? Don't be. Many timeshares owners lose the freedom to vacation wherever and whenever they choose -- or even skip one, considering annual maintenance fees ...
Continue reading 100 Words On: Why You Should Never Buy a Timeshare
100 Words On: Why I Hate Slow Drivers Who Cruise in the Left Lane
In North America the left lane is designated for passing, intended for the highway's fastest traffic. It's a concept that evolved with the birth of the US Interstate Highways. Unfortunately, too many drivers today feel entitled to cruise in the left ...
Continue reading 100 Words On: Why I Hate Slow Drivers Who Cruise in the Left Lane
100 Words On: Why It Pays to Never Give Up
Believe it or not, J.K. Rowling's manuscript for Harry Potter and the Philosopher's Stone was rejected by the first 12 publishers she approached.
Walt Disney was fired from the Kansas City Star because his boss thought he lacked ...
Continue reading 100 Words On: Why It Pays to Never Give Up
100 Words On: Why You Should be a Parent, Not a Best Friend
Whether they know it or not, children depend on their parents to say "no" and make tough or unpopular decisions for their benefit. Unfortunately, it's impossible to effectively enforce rules and boundaries without running your household like a ...
Continue reading 100 Words On: Why You Should be a Parent, Not a Best Friend
100 Words On: Why It’s Time to Eliminate the Penny
Last month, Canada announced it would no longer mint pennies. That makes a lot of sense; perhaps America should follow suit. In 1913 the once-proud penny had 23 times the purchasing power it does now. Today, the penny is essentially worthless, its ...
Continue reading 100 Words On: Why It’s Time to Eliminate the Penny
100 Words On: Why Buying in Bulk Is Not Always a Smart Idea
Although it requires extra storage and higher upfront costs, many consumers buy their groceries and other products in bulk to save money. But that strategy can quickly backfire for those who indiscriminately buy massive quantities of ...
Continue reading 100 Words On: Why Buying in Bulk Is Not Always a Smart Idea