Average Joe’s Money Blog
-Our resident bloggers, AverageJoe and OG, writes what informative and interesting posts at least three days a week.
Monday through Thursday - They bring financial planning news, strategies and tips.
On Fridays Joe shares his choice for the Blog Post of the Week!, where he crowns a blog writer as the winner in his soon-to-be-esteemed competition.
Podcast: Play in new window | Download Today on the show….you’ve read the tale: parents die and kid ends up with the evil stepmother who locks the kid away and just wants her money? Good news: you don’t have to wait around for a glass slipper. You can set up your estate correctly the first time to avoid this mess. We’ll discuss on this week’s podcast!...read more
Today in New Jersey an 18 year old is suing her parents for college money. According to USA Today, she says that they issued her an ultimatum (ditch the boyfriend or get out). Dad says they asked her to follow a few house rules. Whatever. I think this is an awesome exercise. Partially, I like this lawsuit because I think entertaining me (no matter what it means to the court system) is a great idea. But there are many BETTER reasons: 1) Blaming Someone Else For Your Problems Is Often the Best Solution. This idea of “trying to solve your...read more
You attend your first ever 401k meeting….and they hand you some pie charts. Oh, no. First of all, I should say I love pie. Especially apple pie. But I hate generic pie charts in retirement plan books. I can’t tell you the number of boring-ass financial meetings I’ve attended where some dude in a suit is plowing through a bunch of pie charts while his clients pretend to be awake. Rule one of asset allocation: Chuck the pie chart. Most of the time, these charts are based on your age and risk tolerance. Nothing like putting a few square...read more
Ah, the budget. While I dream about hot, soapy fun, I’m not sure that “a budget” is what I had in mind. Sure, I’m into crazy stuff as much as the next guy, but this whole budget and soap thing….I thought, “I’ll pass.” …until I was recently looking at my dishwasher. Then I thought, “I’ll pass….out! This is awesome!” Here’s hot, soapy, and the key to my biggest budget dreams of all time. When I want to get stuff done….you know, real stuff, like washing dishes or clothes, I don’t do the job by hand. I throw in...read more
Small businesses provide 55 percent of all jobs in the United States, notes the SBA, proving the American dream is certainly alive and well. You might feel like competing with big business is not worth the hassle, but since 1990, big business has cut 4 million jobs, while small business has accounted for 23 million net new jobs since the 1970s. But you know success does not come easy. There is always more to do and more to learn. Follow these stress-free measures to make a smashing debut as the most effectively managed small enterprise in...read more
Here’s a quick lesson in human behavior: Fed quantitative easing, problems in the Ukraine, soft volume numbers in the stock market. It seems like a recipe for more downer days in the stock market. It’s also a recipe for worriers to worry even more. …Yet the market continues to roar back. Did you get caught? Did you move money to the sidelines when the market was low and then miss out on the upswing (essentially losing money and locking it in….). A better question might be: did you do anything at all? ….and...read more
Podcast: Play in new window | Download Crazy man Len Penzo sits in for OG on today’s show, reviewing his article from Len Penzo dot Com called Money Saving Ideas That Are Anything But. Thanks to Len for sitting in today! SHOW NOTES <> Open <> Amazon.com – Follow this Amazon.com link when you do your shopping and not only will you score those great Amazon deals, but you’ll also help out the podcast! (You can also go to StackingBenjamins.com/Amazon and you’ll reach the same spot). <> Len Penzo – 6...read more
Ah, the age-old question. Today I’m at American Debt Project chatting about that very topic. Join...read more
Podcast: Play in new window | Download This week Joe & OG tackle your tax bill….just in time for you to fill out your tax return. SHOW NOTES <> Open <> Jemstep.com – Looking for a more scientific approach to diversification? Take a tour of Jemstep.com. See how Jemstep helps people balance their portfolio based on their goals. Thanks to Jemstep for sponsoring the show! <> Joe & OG – Taxes Suck! How to Stick It To The Man With Taxes Want to read the original article? Try this link. <> End...read more
Once upon a time, I stood on the parade deck a mere stone’s throw from the San Diego airport. My mom, grandma and grandpa, and best friend’s sister were in the stands, but I couldn’t find them. Eyes. Straight. Ahead. After all the pomp and circumstance, we heard the final phrase we had been waiting to hear for nearly 14 weeks, “Marines! Dismissed!” To which we replied, “Aye-Aye, Sir!” took one step back, about face and done. I had earned the title Marine. One of the things we learned in the Marine Corps were the 14 leadership traits – they...read more