April 2, 2017

Many people assume that if a person drives a nice, foreign car that they must be wealthy. Or that if a person lives in a monstrosity of a house that they must be a celebrity or CEO. In today’s day and age it really does seem as though appearance is everything. That is...

March 5, 2017

Total household and non-household debt in America is projected to be at a new all-time high. As of December 31, 2016 the total debt stood at $12.58 trillion and was increasing at a rate of about $2.5 billion per day. The all-time high of $12.67 trillion was during the...

February 26, 2017

Everybody could use a little extra income come retirement time. In the United States of America most retirees can count on social security to provide an extra bump in their income. Retirees who receive this pay are entitled to the money because they paid social securit...

February 18, 2017

Are you a saver? Maybe even a super saver? If so did you ever think that moving to a city with a higher cost of living may actually be to your advantage? Probably not. Odds are you’ve heard that to save money you need to move out of that expensive city and go somewhere...

February 10, 2017

By now you’re probably aware that most Americans have inadequate savings for retirement. You’ve also probably heard that social security isn’t quite what it used to be. In fact, if changes to the program aren’t implemented soon, benefits could be drastically lower by t...

January 29, 2017

Everywhere you go you hear about the savings rate in the United States being too low. A study in 2016 by Careerbuilder showed that nearly 4 out of 10 people consistently live paycheck to paycheck while another (nearly) 4 out of 10 people sometimes live paycheck to payc...

January 26, 2017

It seems as though you can’t turn on Bloomberg or CNBC without hearing someone mention that the Dow Jones Industrial Average is crossing the 20,000 point mark. Before 2017 this threshold has never been crossed and it represents a psychological level in most investors’...

January 23, 2017

Do you feel like you deserve a bigger raise? Didn’t get quite what you were looking for this year? Well then give yourself a raise. How about a raise to the tune of 6%. Unlike your annual 3% merit raise though, you’re actually going to have to work for this one. How ca...

January 19, 2017

“Pay yourself first.” We’ve all heard the phrase. The funny thing is that when done correctly, it actually works wonders. Paying yourself first doesn’t mean to simply take a chunk of your take home pay and do whatever you want with it. It means to set aside a predeterm...

January 15, 2017

Last week I wrote about why tracking your net worth is so important. It’s not just important, it’s actually vital so that you’re able to see your progress. One great way for new savers to build wealth is by setting up a DRIP.

What is a DRIP?

In the investment world a DRI...

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August 25, 2018

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Welcome to Financial Fixation.  A new blog for everything personal finance related.  Here I'll share ideas for how a person can up their personal savings game, accumulate wealth, and possibly even exit the good old rat race.

This blog is for entertainment purposes only and is not a recommendation to buy or sell any investments. Please seek out a registered financial advisor for specific investment strategies for your own situation.

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