Before I start with my usual craziness, I need you to identify yourself as one of two kinds of people: those who know about Roth IRAs, and those who don't. If you already know about Roth IRAs and maybe even have one yourself, think about how awesome it is. Now think about how awesome it would be if all your friends knew about it too. Give some extra thought to the young people you know who can take advantage of about 40+ years of compound interest in a Roth. Now be a good friend and send this video to them! This video is for them! You can use the tweet button to your right, or better yet, just

If you want to manage your budget with a spreadsheet, here's a step by step process on how to do it. I use this method every month, and it works phenomenally. It is very easy to not only see my budget and see my actual expenses, but also see how well I am following my budget. Before you start here, let me strongly suggest that you start making all of your purchases with a debit or credit card. It's very easy to go to your online account and look at your monthly transactions. On the other hand, it is very difficult to save cash receipts or write down the exact amount of what you are buyi

The answer is "yes." No wait; the answer is "yes (with enthusiasm)." Making a budget is literally the second step in owning your personal finances. The only thing that comes before your budget is making money (there's no sense in budgeting zero dollars). Talk to your parents about back in the day where they would actually save up for weeks, months, or even years to buy something they wanted, instead of just putting it on a credit card now and getting it (along with lots of interest charges) now and paying later. Those were the days of responsible personal finance. If you are conte

Download The RC here. If you have figured out your finances today and are already a thousand-aire, then you might want to take the next step and try to become a millionaire. People have placed this arbitrary meaning around have $1,000,000 as being rich, so let's just run with it. If you want $1 million by the time you retire, it actually isn't very difficult to get, as long as you follow two basic principles: Be willing to save some money towards retirement every month Don't be an old fart Everyone can do the first one, either right now or after they have spent some time fixing the

Download [download id="5"] here. The RC Input Guide is an input guide for the RC. Pretty simple huh? These are the basics of how to use The RC to model your future. So watch the video and play around. See if you can have $1 million by the time you retire. $5 million. $10 million. You'll figure it out. Beginning Balance - How much you had in retirement savings at the beginning of this calendar year Annual Return Rate - Interest rate you plan to earn on your retirement savings Annual Savings - How much to save each year Annual Increase in Contributions - How much to increase you

Download The RC here. Strap yourself in for quite possibly the most exciting three minutes you've ever had in your life. Seriously, you get to learn about what the fields in the RC mean, which means you are three minutes closer to being a thousandaire. Okay, so the video itself is a little dry, but if you don't know what's going on, this is really important. And I kept it short so you can watch it, absorb it, and move on. If you don't have time to watch a three minute video, you could probably read the following in about a minute or so. You should probably also loosen up your schedule a lit

I hope you've had an office job where there's this awesome IT dude that knows everything about fixing computers and Star Wars, because then you'll understand what I'm doing in this video. This video can fix any problem you might ever have in getting the RC to work. The process is very simple: If you have Excel 2007 or Excel 2010, download the [download id="5"] here and you're done. If you don't have those programs, a few fields won't work in older excel versions. To get full functionality, you need to use Google Docs. Download [download id="6"], and then upload it to your Google