Category: Money

money

How to open a credit card

They say there are two kinds of people: those who pay interest and those who earn interest…. and there are those who know to open a credit card and those who don’t.

The above was just a general reminder not to forget as one thinks about opening a new line of credit. Below I will lay out the steps I follow when I open a new credit card.

how to open a credit card
how to open a credit card
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The Simple Path to Wealth (book review)

“The Simple Path to Wealth” is the book by Jim Collins, that compiles and re-organizes everything in his Stock Series posts from the blog he started a few years ago to teach his daughter about finances.

The Simple Path to WealthI read his blog from beginning to end once and then just his Stock Series a second time. And then when I read the book I didn’t get much new (it was my third time reading the material after all) but the book is better organized (obviously) and is a bit more succinct (Collins tends to be a bit verbose in his blog), so if you read a few of his posts and they “click” then you may want to try and read the book. Also, having the book makes it easier to share with friends that could benefit from the knowledge (kind of part of my idea when I bought it).

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Best quotes from the 2018 letter from Warren Buffett to Berkshire Hathaway investors

Warren Buffett (tag) is the most famous investor ever, head of Berkshire Hathaway and known for his folksy demeanor, common-sense approach to investing (and life) and because every year he writes a letter to the investors in his company.

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