Today we are going to discuss some of the mathematics behind paying extra towards your mortgage early on. Here are the assumptions: Mortgage Amount: $150,000 Mortgage % Rate: 5% – Fixed Mortgage Term: 30 Years No prepayment penalty That last one is important. Few mortgages have prepayment penalties, but always double-check. Additionally, there are a … Read more
Happy Labor Day! We would like to wish everyone who reads this blog a happy Labor Day. To all of those people who are working today so that we can continue to enjoy the conveniences that we do everyday, thank you. We hope that you all have a very happy, safe, and enjoyable Labor Day. … Read more
Many people have their vices. Starbucks, nail appointments, alcohol, and a laundry list of others. While, in moderation, many of these things are harmless and can really increase the quality of one’s day, they become problems when they are “needed.” A relatively new phenomenon comes in the form of a new caffeinated soft drink: the … Read more
Recently, in a discussion with a college professor, the question was posed to me: “Is growth and expansion always good thing? Should all companies strive for growth?” I have a lot of opinions on this subject, but my answer went something like this: I do not believe growth is always good. In fact, I’m willing … Read more
You’ve read the stories, and maybe you’ve even experienced the rapid depreciation that new cars get once they are driven off the lot. Many people wonder why their cars depreciate so quickly at first, and we’re going to address some of the reasons below. Additionally, at the end of this article, we also discuss typical depreciation. … Read more
You see advertisements like the one to the right all day long. They all talk about these secrets that the insiders don’t want you to know. They talk about how they hold the key to easy money, and the only way to have the easy life is by buying their program. The Lure They will … Read more
If you have followed our site at all then you have probably read our articles about TV, such as: Watching Netflix On Your Wii Free & Cheap TV Solutions Keeping Up With The Joneses – TV Mania We’re Not Anti-TV Now, it may look like we are anti-television, but really, we actually do enjoy TV. What … Read more
Just the other day we did a book review of “Why Are We So Clueless About The Stock Market?” by Author, and President of Classic Value Investors, Mariusz Skonieczny. We had a chance to catch up with him and do a little interview about his book, his past, and his investment philosophies. Let’s begin: Question … Read more
Recently, we’ve had the pleasure to read a great finance book titled “Why Are We So Clueless About The Stock Market?” by Mariusz Skonieczny of Classic Value Investors. The book is a fairly short read, weighing in at only 164 pages, but don’t let its length fool you. What We Liked: Extremely easy to read Easy … Read more
This is an abstract study in the theories of time and the value of it. Winning With Time To continue from our last article “The Economics of Time,” we will now discuss winning with time. When we use the term “winning with time” we’re simply discussing how you can use time efficiently, either to enjoy … Read more
5 Smart and effective tips to pay off student loans Education has become very costly nowadays. Millions of undergraduates take out student loans to cover the education cost. Sometimes, they’re compelled to take out multiple student loans as higher education has become very expensive. It is essential to remember that each student loan has different … Read more
Hello Everyone, We just wanted to inform you that the Wealth Artisan has officially joined facebook. You can find us under the name of Wealth Artisan or you can simply click on our excellent link right here. Be sure to like us and keep up with all things happening at The Wealth Artisan. We’ve also … Read more
The Economics of Time Sometimes, to truly understand the most complex things, you should first try to understand the most basic. Time is something we take for granted, because it is something that tends to always be there, and when time is not there – well, you don’t notice. This is an elementary study on … Read more
This is Part 2 of a 2 part series called “It’s Your Business!” Part 2 – It’s Your Business! In Part 1 we asked “If your personal finances were a business on the stock market, would people invest in it?” We outlined a couple of ways that you could reinvent your business to make it … Read more
This is Part 1 of a 2 part series called “It’s Your Business!” Part 1 – It’s Your Business If your personal finances were a business on a stock exchange, would people invest in you? Consider what people look for when they want to invest in companies. They want to see revenue, profit, low debt … Read more
Today we are going back to the basics, and we are going to discuss some general, but powerful ways to improve your finances. While we will attempt to summarize each of the steps into one paragraph each, it is important to know that each step is a financial mountain in-and-of itself. These steps will take … Read more
Continuing our Cheaper Gatherings series we discuss how you can get soda more cheaply, or completely free by exploiting loyalty programs. This compliments our article on Buffalo Wings quite nicely! We may be anti-junk food in general, but some people just really enjoy their one little splurge: soda. So we have some ideas that will … Read more
Dividend Investing If you are currently investing for dividends, passive income, or have any plans to begin dividend investment then you should sit down and familiarize yourself with the Dividend Aristocrats. No, these are not cats that pay dividends nor are they snobby men that hand out money, it is an index of stocks that have something in common: they … Read more
Track That Spending Wednesday, we spoke about cutting back on your spending to save money in your finances. It is a fantastic way to get more out of what you already have, but how do you know where to make cuts? That is done by tracking your spending. We know that tracking spending is about as fun … Read more
A few weeks ago I commented on an article at Everyday Tips and Thoughts on their article about what amount of money is enough. I felt the comment needed a little more elaboration to further explore the topic. Is “more” the answer, or should it be the question? To be short, the answer is yes, … Read more
Chicken wings are delicious, but their rise in popularity has lent them to becoming quite expensive. Actually, chicken wings became more expensive per pound than chicken breast for the first time in history. Not bad for a piece of chicken that was considered a throw-away piece in recent history! So, how can you save money and … Read more