• Art Vault

    The value of an investment can be determined several different ways: Comparing the investment with similar investments that have recently changed hands Determining what it would cost to replace the item Adding up the costs of all the components...
  • Money Worries for Retiring Women

    Women face some unique financial planning issues, and the infographic below discusses some of the risks faced by women as they approach retirement. From the New York Times ( 3 Mar 2017 ): Across all age groups, women have considerably less income...
  • Best Money Practices for Millenials

    This infographic shows some best practices that millenials can use to improve their money management habits. For discussion : What can you add to the list? source: Nationwide
  • Alternative Financial Services

    Banks aren't the only financial institutions that offer financial services. If you want to borrow money, you can use a rent-to-own store or a pawn shop. If you want to cash a check, you can use some store cashiers or a check cashing store. Each...
  • The Wal-Mart Financial Picture

    When we determine the value of a share of stock, we need to consider the ability of the firm to generate positive cash flow. Consider Wal-Mart, for example. The stock is currently trading at a price of 86.62 per share and the trend over the last five...
  • Managing Credit Card Debt

    There's a good chance that the very people you think are financially secure aren't. Many American's carry an ongoing balance on their credit cards and pay only the minimum payment each month. The infographic below shows the downside of...
  • myRA: A Way to Save for Retirement

    Many American's approaching retirement have very little saved. With the myRA plan through the U.S. Treasury, more workers who do not have access to employer-sponsored retirement account can get started saving for retirement. Source: U.S. Tr...
  • Time value of money: The reverse mortgage

    In a traditional mortgage, the homeowner receives a lump sum of money at the beginning of the loan, and then makes level payments every period until the loan is fully repaid. At maturity the value of the loan (i.e. the "future value") is zero...
  • Why is $1 Worth More Today?

    The time value of money states that $1 is worth more today than tomorrow. This accounting website explains why: Time value of money is the concept that the value of a dollar to be received in future is less than the value of a dollar on hand today....
  • Saving Through Good Financial Habits

    A quick search on Amazon for "personal finance" turns up over 100,000 books. There's no end to the supply of financial advice. However, according to Mint.com, all the personal finance advice in all the books can be boiled down to the...
  • How To Become a Millionaire

    In this video, Dave Ramsey gives some great ideas of how to become a millionaire. You probably make enough money to become a millionaire--the trick is to find $100 every month. And finding $100 per month is not too hard if you think about how much we...
  • Time Value of Money

    What if you need a car but don't have enough money today? How much can you borrow today if you know how much you can pay back in the future? The value today (present value) is related to the value in the future (future value) based on the interest...
  • What's a Sketch of Cinderella Worth?

    Walt Disney memorabilia is up for auction and expected to fetch some pretty high prices. For sale are Walt Disney's signed will, the legal license to use Walt Disney's name, and a sketch of Cinderalla. The question is what are these items worth...
  • Why Millenials' Retirement Options Aren't That Bad

    According to some experts, the financial outlook for millenials is bleak. A recent article in Forbes Magazine describes Mckinsey's outlook like this: But that vision is all but gone now, according to a Wednesday report from McKinsey and Company’s...
  • The Multi-Million Dollar Map

    For the first time, a centuries-old map is for sale. The map depicts the known world in the 1531. It's on vellum and the color is vivid. Maps like this would have been purchased by kings to be used for treaties and exploration. Institutions such...
  • Discounted Cash Flow Valuation

    Finance answers the basic question, "What is something worth?" The something can be a house, an antique, a business, or a stock or bond. The infographics below describes the tools we use in finance to identify the value of an asset. If you read...
  • Time Value of Money Infographic

    Source: GraduateTutor.com For discussion : What is an annuity? How does it differ from a perpetuity? From an annuity due? What are examples of annuities, perpetuities, and annuities due in financial markets? What are some personal financial...
  • Renting or buying? Where to live?

    Financially, buying often makes more sense than renting, but not always. According to this article on CNN Money ( Vasel, 21 Apr 2016 ): If a retiree does not plan to pass the home on to heirs, it's nearly always cheaper to rent than to buy, according...
  • New versus Used: Which Car to Buy?

    The decision of whether to buy a new or used car involves more than just the initial price of the vehicle. You should consider the running costs of each car, including insurance, gas, and repairs. By considering the total monthly cost of the car, you...
  • What Does $500K Buy In Retirement?

    Not much. According to Bloomberg's report based on the HealthView Services 2016 Retirement Health Care Costs Data Report: The projected tab for an average, healthy 65-year-old couple retiring this year, in lifetime premiums for Medicare Parts...
  • Valuing a Race Horse

    Q: What is an asset worth? A: The present value of all future cash flows. And when it comes to race horses, future cash flows include race winnings and earnings from stud fees. This is the story of Uncle Mo who was once a contender for the Kentucky...
  • How to Win With Your 401K

    The key to becoming a 401K millionaire is starting early and taking advantage of your employer match. Investment advice from Prudential includes: How to invest 401(k) contributions. Most plans offer a diversified array of investment options, from...
  • Diamonds Are Still a Girl's Best Friend

    Back in 1940, Shirley Temple's father bought a blue diamond ring for $7,200 (a fortune back then). Today, it is estimated at $35 million at least, and may go for more because it used to belong to Shirley Temple. The beautiful stones have a history...
  • It's Not What You Make. It's What You Save.

    It's not what you make. It's what you save. That's the lesson shared with professional athletes in this WSJ article. Yes, we have all heard the horror stories about pro athletes being separated from their money—seven, eight, sometimes...
  • The Family Balance Sheet

    Companies are not the only ones with balance sheets. Families and individuals also have balance sheets that describe their debt, assets, and net worth. The infographic below shows the American family balance sheet: source: find the original infographic...