Rule #1 Finance Blog
financial control
Credit Card Debt: Why is it Hard to Pay Off?
If you struggle with credit card debt or have a close family member or friend who does, you know they didn’t get into debt overnight.
Credit card debt is often accumulated with small purchases here and there that go unpaid over the course of months. Just as it didn’t accrue at once, it usually can’t be paid off at once either.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Best Ways to Save Money And Improve Your Financial Standing
Saving money can be difficult to commit to, but if you start now, you can set yourself up for the future you’ve always hoped for.
For many people, financial struggles are a direct result of not bringing in enough money.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
The Rule of 72: Learn How To Double Your Money with Compound Interest
Did I have you at “double your money”?
You can double your investments quickly if you get a great rate of return thanks to the power of compound interest. But, how will you know what rate of return you need to double your money in the next 3, 5, or 10 years? Well, there’s a formula for that and it’s called the Rule of 72.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Are Robo-Advisors a Good Idea?
Robo-advisors are one of the hottest topics in the financial advising business right now.
People are beginning to warm up to the idea of having a computer algorithm manage their money in place of a financial advisor.
And there are tons of different options out there like Robinhood and Betterment that are becoming increasingly popular – but will these services actually help you make smart investing decisions?
Let’s break down how robo-advisors work to determine if it’s the best way to manage your financial portfolio.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Should You Re-Evaluate Your Investments?
If you invest the Rule #1 way, you have probably made some pretty incredible investments. While you have done your due diligence to pick wonderful companies that you can hold onto for years, if not decades, you’d be remiss not to re-evaluate your investments from time to time.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
How to Build Generational Wealth and Keep it!
You have likely thought about generational wealth whether you know it or not. It means wealth for you, your children, your grandkids, their grandkids and so on all the way down generations of family members.
Worrying about our kids is second nature. If you have considered how your own parents provided for you, or have thought about how you will make sure you have enough in the bank to sustain your family after you’re gone, you have mulled over this concept of generational wealth.
With the right planning, you can set up your family business or investment portfolios to bring financial success for hundreds of years.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
5 Step Money Challenge to Prepare for 2022
It’s important that before you actually start investing on your own, that you get your financial house in order. Many people don’t track their spending and many of us haven’t started saving for retirement. There’s always room for improvement when it comes to what we’re doing with our money, which is why I want to give you a financial challenge…
Are You Ready to Commit to Saving and Investing? Get Your Finances on Track with my 14-Day Financially Fit Challenge
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
InvestED: The Rule #1 Podcast Hits 7 Million Listens!
From stock market basics, to learning how to invest money on your own, to your weekly dose of real-time news, investing tips, and insights… InvestED has covered it all over the past few years.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
Is Your “Side Hustle” Making You Money?
Picking up a “side hustle”–a part-time something to earn a little extra money outside of your day job–is becoming all the rage right now. Many people including influencers and self-help gurus talk about side-hustles as a way to make more money, while working even more.
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.
What Really Causes Recessions?
There’s a lot of speculation that another recession is on the horizon.
You may ask…
Are these speculations true?
Will my family be affected?
What will happen to my stocks and my money?
Phil Town is an investment advisor, hedge fund manager, 3x NY Times Best-Selling Author, ex-Grand Canyon river guide, and former Lieutenant in the US Army Special Forces. He and his wife, Melissa, share a passion for horses, polo, and eventing. Phil’s goal is to help you learn how to invest and achieve financial independence.