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Personal Finance By The Book

Personal Finance By The Book

Head and Not the Tail | What Does It Mean for My Finances?

August 13, 2021 by personalfinancebythebook Leave a Comment

You may be familiar with the bible scripture that says we should be the head and not the tail. While this scripture can refer to main things throughout your life, it is often brought up when talking about finances. There are a lot of terms used when speaking of finances, but this particular bible scripture […]

Filed Under: Biblical Thoughts On Finance, Dollars and Sense, Money

3 Approaches to Asset Allocation for New Investors

August 3, 2021 by personalfinancebythebook Leave a Comment

In the wake of Covid-19, many people have started to look into having multiple revenue streams. With the uncertainty many of us faced in early 2020, there is an added incentive to having multiple sources of income as well. One way to do this is to invest. Every good financial advisor will recommend using asset […]

Filed Under: Dollars and Sense, Investing

Is a SPAC a Legitimate Investment?

August 3, 2021 by personalfinancebythebook Leave a Comment

While SPACs are a legitimate investment for individual investors, they usually lose out on their investment. Most experts believe that SPACs, or blank check companies, are not a good investment idea. Special purpose acquisition companies are a relatively new trend. Because investors get their money back if the SPAC doesn’t find an acquisition target, it […]

Filed Under: Dollars and Sense, Investing, Money

What are the Pros and Cons of Masterworks?

July 12, 2021 by Bob Leave a Comment

painting

Masterworks is an art investment tool that charges high fees but allows the everyday person to own a share of a famous piece of art. It is an investment platform that uses the artwork as the investment portfolio.  How does Masterworks work? Masterworks works much the same way as any other investment platform. You choose […]

Filed Under: Dollars and Sense, Investing, Money

4 Important Financial Lessons to Learn from the Pandemic

June 16, 2021 by Bob Leave a Comment

The COVID-19 pandemic caused financial struggles for many people all over the world. Despite the damage caused by the virus, there are still financial lessons that we can learn and bring with us into the future.  The 4 Lessons We gathered four crucial lessons that we should all do our best to learn from. Here […]

Filed Under: Budgeting, Debt, Dollars and Sense, Economy, Money

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