Earlier this year a new dress shop opened at our local mall. It was one of those high-end boutique dress shops. My own assessment of the situation was that it would never last – the last thing this or any other mall needs is another boutique dress shop. Yesterday morning I walked by the same s… Continue Reading

Knowing how to properly manage money is important, yet a good majority of adults don’t have a budget plan. In fact, only 41% of Americans have a budget, meaning that almost 60% of the country doesn’t keep close tabs on their finances. While budgeting may not be the sexiest part of being an adult… Continue Reading

As a business owner, having to choose your financial advisor is such an important step you need to take. Take the time to choose the right one. You can possibly make a vast amount of wealth through making the right investment decisions. You can also save money by having it in the right places. Ho… Continue Reading

Since I’m self-employed and home-based, I generally choose to work out at the gym around mid-morning. It just works best with my somewhat unorthodox work schedule. But something I’ve been noticing when I go on weekdays is the pronounced number of people over 60 – and more than a few over 70   Continue Reading

A majority of college students after graduation come to realize that they need to apply for jobs. Statistics showed that in July 2017, 4% of freshly graduated college students were unemployed in the US. This turns out to be such a complete challenge since they do not know what to include in their re… Continue Reading

When the mainstream media grabs a certain negative theme, it’s usually more noteworthy than most of us think. One of the apparent contradictions in the current economic expansion has been the notable absence of increasing incomes. Different theories abound. But I come up with a list of 11 reasons … Continue Reading

This past spring Hunt Scanlon Media reported the results of a recent CareerBuilder survey on retirement. It indicated a full 53% of workers 60 and older are postponing retirement. What’s more, 40% don’t think they’ll be able to retire until age 70 or older. What does that say about the curr… Continue Reading

If you’re a regular visitor to OutOfYourRut.com (welcome back!), then you know that the fundamental purpose of this website is to provide great people like you with advice, tips, tactics, strategies, techniques and insights on what you should do — not what you shouldn’t — to strengthen your … Continue Reading

On this website, I’ve often challenged the prevailing notion that the economy is booming and everyone is going to retire a millionaire. That happy narrative seems to apply to only a very narrow slice of the population. According to a 2017 CareerBuilder survey, 78% of US workers live paycheck-to-pa… Continue Reading

If you’re an investor, you’re probably aware of exchange traded funds, better known as ETFs. Every bull market in stocks creates new wonder sectors. In the 1990s, it was tech stocks, and the mutual funds that invested in them. Back then, it was an article of faith that you couldn’t go wrong wi… Continue Reading