Personal Finance

Best of Automatic Finances: March 2010

Thumbnail image for Best of Automatic Finances: March 2010

We tend not to focus on ongoing themes or topics here at Automatic Finances, but if there’s one idea that tied together the month of March, it was fundamental personal finance advice. You may be used to hearing all of the basics: spend less than you make, prepare for emergencies, and save for the future. [...]

Read the full article →

Please Don’t Listen to Celebrities for Financial Advice

Thumbnail image for Please Don’t Listen to Celebrities for Financial Advice

While superstar athletes may be the worst possible role models when it comes to financial advice, celebrities are not that far behind. For every Jay Leno, who actually does know how to manage his money, there’s a Nicolas Cage (multiple homes in foreclosure, and had to sell his castle) or a Wesley Snipes (tax evasion) [...]

Read the full article →

Can Any Personal Finance Pundit Be Trusted?

Thumbnail image for Can Any Personal Finance Pundit Be Trusted?

The recent look inside Robert Kiyosaki’s wealth seminars generated an interesting discussion in the comments about personal finance pundits and whether they ever have your best interests at heart. It’s a great question, since most pundits made their money telling people how to get rich — reason enough to raise an eyebrow and wonder if [...]

Read the full article →

Inside Robert Kiyosaki’s Rich Dad Seminars

Thumbnail image for Inside Robert Kiyosaki’s Rich Dad Seminars

I’m starting to feel like there’s something fishy going on with Robert Kiyosaki. After his “new rule” of money said that savers are losers, I wanted to find out a bit more about the rest of the personal finance advice he shells out. And I stumbled on the motherload. Turns out, Kiyosaki runs (or lends [...]

Read the full article →

Lessons Learned from a 21-Year-Old Lottery Winner

Thumbnail image for Lessons Learned from a 21-Year-Old Lottery Winner

What would you do if, at the age of 19, you won $1 million on a scratch off lottery ticket? Probably a lot. A vacation here, a donation there, maybe a gift to your closest relatives, and save the rest for the future, right? That’s the situation Louis Jay found himself in two years ago [...]

Read the full article →

Ask the Readers: What’s Your Favorite Personal Finance Book?

Thumbnail image for Ask the Readers: What’s Your Favorite Personal Finance Book?

As part of our never-ending journey to learn as much as we can about money management, investing and personal finance, you’ve likely read a few books that really taught you something or made you see the topic in a whole new manner. The beautiful thing is that there are so many books to read. The [...]

Read the full article →

When Will You Have Enough?

Thumbnail image for When Will You Have Enough?

The other day, I saw a short description of the latest book by John Bogle, founder of Vanguard and inventor of the first index fund, that struck me. The book’s title, Enough, comes from a conversation had by two of America’s most famous authors, Joseph Heller (of Catch-22 fame) and Kurt Vonnegut (who wrote Slaughterhouse-Five). [...]

Read the full article →

← Previous Entries