Finance

Hey everyone, it’s Finance Fridays again. Today is just going to be a short post about the “Time Value of Money”. Time Value of Money? Yea. Here’s the definition from Investopedia: The time value of money (TVM) is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity. This core principle of finance holds that provided money can earn interest, any amount of […]

Time Value of Money #illumedati

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Vanguard VPAS or VDAS
Hey everyone, it’s Finance Fridays again. Today is going to be a short post about “Vanguard VPAS or VDAS”. Vanguard VPAS or VDAS? To clarify, we’re going to talk about Vanguard and their version of a financial advisor and Roboadvisor. I’ve talked about Roboadvisors and Vanguard’s financial advisor service called Vanguard Personal Advisor Services (VPAS) in my previous post – Roboadvisors. The long and short of it is that Roboadvisors are fine if you want […]

Vanguard VPAS or VDAS? #illumedati

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Question
Hey everyone, it’s Finance Fridays again. I’ve talked about “Your Number” and “Different Numbers” but today’s post is going to be about “Your Number” Revisited. This short post is mostly just as a thinking exercise. However, let’s start with some background: I was talking to my contractor on Thursday. He’s still been working on my lanai (deck). He comes and works hard and I always try to bring out some ice cold water for him. […]

“Your Number” Revisited #illumedati

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Free
Hey everyone, it’s Finance Fridays again. Today we’re going to ponder the question “What if College is Free?” What if College is Free? Well, since I talk a lot about 529s and saving money for college, I thought it was appropriate to talk about “What if College is Free?” As some of you may know, college is free in certain countries. However, as we’ve talked about before: There is no free lunch. Their “free college” […]

What if College is Free? #illumedati

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2
Hey everyone, it’s Finance Fridays again. Today we’re going to just do some free-thinking (rambling) about “The Head Start”. The Head Start? Yea. So, I think it’s no surprise that when it comes to wealth, people don’t start at the same level or even the same time. There are a lot of sarcastic quotes about this like: “The best way to become a millionaire is to start off as a billionaire. “ Then of course, […]

The Head Start #illumedati

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Hey everyone, it’s Finance Fridays again. Today is going to be a short post about “Time to Refinance?” Time to Refinance? In case you guys don’t know, interest rates have continued to decrease the last few years. This has affected both student loan refinancing and home mortgage refinancing. I don’t plan to refinance my student loans because they’re mostly below 4% anyways. Additionally, I plan to pay them off in the next few years anyways […]

Time to Refinance? #illumedati

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