Fundaments of Personal Finance Archives

What is Profit First Personal Finance?

The Profit First Method was developed for businesses but can be applied to personal finance. This method focuses on growing your net worth…

Community property laws state that all property – assets, debts, and income – acquired during a marriage are shared equally. But is…

Filial Responsibility laws require adult children who are financially able, to cover their parents’ medical debts. There is little that can..

Are credit cards bad? Should you pay off your mortgage? Is debt normal? Find the answers to 12 Personal Finance Myths and you can…

January 29, 2023January 23, 2023 by Professor B.T. Effer

Financial Trauma is an unhealthy relationship with your money and finances. There are many signs you are suffering from trauma and reasons…

January 30, 2023December 30, 2022 by Professor B.T. Effer

If you are trying to get out of debt, there are 2 commonly recommend methods to use – Snowball & Avalanche. Which is right for you and…

January 30, 2023December 28, 2022 by Professor B.T. Effer

Targeted net worth is an important personal finance number that tells you what your net worth should be at any point in time. You use it to..

January 30, 2023December 18, 2022 by Professor B.T. Effer

Using personal financial ratios can give you a holistic view of your financial strength. In this post we cover 20 of the most important…

January 30, 2023December 11, 2022 by Professor B.T. Effer

Personal finance is simple. The hard part is doing the behaviors till they become habit. What is the psychology of money and how do…

January 30, 2023December 5, 2022 by Professor B.T. Effer

These 8 Personal Finance Principles will produce over 80% of the desired results. These 8 simple steps are the key to unlocking all your…