Why a Budget is NOT Important

Hi, I’m Kathleen, and I’m new here. My usual corner of the internet is frugalportland.com. Today, I want to talk to you about why having a budget may not be the most important thing on earth, and how it’s entirely possible to achieve your financial goals without one. What is a Budget? Simply put, a […]

Should You Invest While Paying Down Debt?

The other day I posted about When to Open a Roth IRA, and I got an interesting comment from Jason at Work, Save, Live.  He wanted to start investing in a Roth IRA for many of the reasons I mentioned in the article, but he hadn’t started yet because he’s working his way out of […]

Best Valuation Ratios for Stocks

A new paper published by Eyquem looks at the best ways to value a stock. The paper looks at the relationship between five different ratios and the past performance for each ratio for different types of stocks. The paper divides the total stock market into five different quintiles for price ratios including EV/EBITDA, EV/GP, P/E, […]

When to Open a Roth IRA

The Roth IRA is a special type of retirement account that makes it possible to avoid taxation on investment returns because you invest with money that you have already paid taxes on in the present. If you are trying to decide what type of retirement accounts open, the Roth IRA has some specific advantages that […]

Figuring Out Your College Major

Going to college is hard enough without having to make choices that will define what you are going to do for at least a decade once you graduate.  But that is the role of college, and you will have to choose a major if you want to graduate. But choosing a major can be difficult, […]

Reality Check: I Wasn’t Prepared For College

When I graduated high school, I was near the top of my graduating class.  I had straight A’s, and yet I felt like school was easy.  I was really excited to start college in the fall, but boy did I get a rude awakening:  I wasn’t at all prepared for my time in college. I […]

How To Make Paying Down Debt A Game Worth Playing

Almost five years ago, I had a net worth of negative $23K, $200 in savings, and ample amounts of credit card debt. Fast-forward to now and you’ll find a far different financial picture: A net worth of over $130K, $87K in savings, and $0 in credit card debt. Plus, I own my first home, and […]