As you may know if you are reading this, Financial Slacker is a new personal finance site. It was technically launched in November 2015 with a few pages and posts. But the first three months of existence were mostly experimental – trying out different themes, playing with different layouts, essentially learning how to build a […]
Blog
Become Your Own Portfolio Manager
The idea of investing freaks me out. So why did I decide to start self-managing my investment portfolio and why should you become your own portfolio manager? In my day job, I have literally managed billions in capital for large companies. I have acquired businesses spending millions of dollars in the process. I have been responsible for […]
Learn to Read Financial Statements
I earned my MBA over 20 years ago. I specialized in finance but when I started the program, I knew very little about finance in that I had an electrical engineering undergraduate degree and went straight through from undergraduate to business school. There were a few other folks in my MBA class that had gone […]
Stop Spending and Start Saving
It mostly goes without saying, no matter how much you earn, if you don’t save your money, you will never reach financial independence. If you’re like many Financial Slackers, you earn and you spend. So you earn more and then you spend more. You continue this pattern until one day you wake up and realize […]
Why You Should Start Paying Your Children an Allowance
The lack of financial literacy is a growing problem that impacts everyone from college students to upper middle class professionals to retirees. Even successful people may have no idea how to answer basic financial questions such as what happens to the value of a bond when interest rates rise? How much consumer debt is too […]
Do Something For Yourself Today
Life is hectic. Keeping up with your job, your family, and everything else can be a challenge. Yesterday, Ms. Financial Slacker had a realization that she forgot our nephew’s birthday. Normally, that probably wouldn’t be such a big deal, but we had also recently forgotten our niece’s birthday too. She felt horrible, but she is […]
