This is a continuation of a theme started earlier, in this post On Entrepreneurship, Part I Founding an investment firm A friend from college once explained to me that, growing up, he didn’t realize his family was wealthy.  His dad worked at an investment firm, and they had a comfortable lifestyle, but my friend noted

A salary is Fixed Income Earning a salary, working for someone else, is earning ‘fixed income,’ which means you hope it comes close to covering your lifestyle expenses.  Like all fixed income, however, it will be limited.  In the case of your salary, the limitation of your fixed income comes not from prevailing interest rates,

I’ve been thinking lately about what we buy when we buy a car, and how to make the best personal financial choices when car buying. Can you buy your personality at the car dealership? From birth, until now, you have been taught that your car is your personality. Are you Ford Tough?  GM Patriotic?  Audi

You know what’s funny? Your First Financial Steps/Managing Your Money When You’re Just Starting Out, by Nancy Dunnan is funny. I graduated from college in 1995, the same year Your First Financial Steps came out, so in a sense I am precisely the demographic who was supposed to buy this book, at that time.  I