We started Control Your Cash for one reason:
Your relationship with money is almost certainly dysfunctional. You don’t know what you don’t know, probably because nobody ever taught you.
Fortunately, you can stop letting money act on you – and actually take charge of it.
We don't give patently obvious advice here, stuff like "spend less than you make." (Wow, what insight.)
Instead, we show you what pitfalls to avoid and what quiet opportunities to take advantage of. Spend a little time here and you’ll no longer have to pretend that you know what the S&P 500 is. Or whether a Roth IRA is better than a traditional one. You’ll understand the why, and the how.
And you’ll find that personal finance is a lot less complicated than you thought.
The Latest
Carnival Of Wealth, Turning the Corner Edition
The incompetent submitters are dropping off, week by week. Even better, a new roster of outspoken ones continues to gradually supplant them. Who knows, within a few decades the Carnival of Wealth might be good from top to bottom. We could hit some rough spots today, but the road looks smoother than ever. [...]
Of Course You Should Take “No” For An Answer
Dashing young men have all the advantages. Word association time. Self-help book. Go. 68% of you said Napoleon Hill’s Think And Grow Rich, which is close enough to 100% for our purposes. It’s the classic of the genre, if not its progenitor. Even if you haven’t read it, you’ve subconsciously committed its most famous [...]
Carnival of Wealth, Findlay Toyota Are Filthy Cretins Edition
That’s Rich Abajian, general manager of Findlay Toyota, which is a dealership near CYC headquarters. Last week a CYC acquaintance – a septuagenarian lady – had occasion to involuntarily do business with them. This is what happened. The lady in question drives a 2002 Camry, which she keeps in impeccable condition and barely drives. [...]
The Control Your Cash Open-Book Quiz, Part I
Presenting the Control Your Cash Open-Book Quiz, complete with answers. For each of our next 3 posts (excluding Monday’s upcoming Carnival of Wealth), we’re going to put you in a fictional but plausible financial scenario. If you can figure out what steps you should take, then congratulations. You’ve got this stuff figured out and should [...]
From the Archives
1 tip for finding undervalued stocks
Recycle Friday! Featuring something we already wrote for someone else’s blog, but liked enough to eventually want back. Last spring this ran on Free From Broke. Today, we’ve updated it for a more mature audience. Why do people get excited when their favorite retailer holds a sale, but not when Wall Street does? Let’s start [...]
Beware of IPOs Wearing Bright Colors
This was the easiest bet on the board. First, read this genius post that we wrote back in January. It’s about Groupon, the 2011 equivalent of Pets.com or Atari. Unfortunately, there’s no such thing as shorting the stock of a privately held company, or we’d soon be sipping mai tais on the Moon with [...]
Feudalism Is Dead
Flashback. One of our rare first-person anecdotes, but one general enough that you can apply it to your own situation. While studying in college (mathematics, not some useless liberal art), your humble blogger worked at the front desk at a boutique hotel in downtown Toronto. The midnight shift change approached, and in walked the night [...]
Stealing Money With Lease Options
If you missed Part 1, check it out now (funk soul brother) Don’t confuse a lease option with its sturdier sibling, a lease purchase, in which you’re obligated to sell the house and the tenant is obligated to buy (unless you mutually agree not to.) Because clearly you should avoid this, we’re not going to [...]
