Playing The Long Game

Many people blog to express themselves. Many others blog to make money. Truthfully, most bloggers do it for some combination of both reasons. Those that are trying to make a living by blogging usually go all out learning about branding and content and market share. They treat blogging as a job and they need to learn ways to find their voice and to distinguish themselves in their area of interest to be successful. They know that attracting readers...

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Two Reasons Why I Love Living With A Budget

In the past two weeks, I've had to have new spark plugs installed in my car and my wife decided we needed to get a couple oriental rugs cleaned before the holidays roll around. In short, two major expenses hit us within two weeks of each other. Spark Plugs Ain't Easy To Find Anymore I thought about changing the spark plugs myself. Remember when you could open the hood of your car and see something like this: They don't make them like this...

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Financial Knowledge Survey Results

Four weeks ago, I asked readers to take a financial quiz that I had to take on Amazon's Mechanical Turk. I was curious to see how other people scored. The Results The average Road To A Tesla reader taking the quiz got about 12 of 13 questions correct. For comparison, when I first took the quiz, I scored 13 of 13 correct. The person giving the original quiz on mTurk said the average score was 7 of 13 correct. Clearly, readers here have a better...

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Preparing For Death Requires A Lot of Paperwork!

Last week, I wrote about how my wife and I created an estate plan and living trust and the reasons behind that decision. Once the living trust has been created, you get a big folder with a lot of paperwork in it. The trust itself is still empty. To receive the benefits and protections of a living trust, you have to actually move accounts into it. This is done by retitling your accounts out of your (and / or your spouse's) name into the name of...

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Goal Update: End Of October 2016

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of October, 2016 Current value: $25,600 Change from last month: +$73 Percent of Goal:  23.54% Note that the funds in this account are invested...

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