• 25 Rules to Grow Rich By #7: Stock Portfolio

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #7: To figure out what percentage of your money should be in …

  • 25 Rules to Grow Rich By #6: Long-Term Investments

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #6: All else being equal, the best place to invest is a …

  • 25 Rules to Grow Rich By #5: Hiring Help

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #5: Never hire a roofer, driveway paver or chimney sweep who is …

  • 25 Rules to Grow Rich By #4: Paying for a Home

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #4: Your total housing payments should not exceed 28% of your gross …

  • 25 Rules to Grow Rich By #3: Buying a Home

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #3: Spend no more than two and a half times your income …

  • 25 Rules To Grow Rich By #2: Home Refinancing

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #2: It’s worth refinancing your mortgage when you can cut your interest …

  • 25 Rules To Grow Rich By #1: Home Renovation

    The Simple Dollar is running a series in which we re-evaluate Money Magazine’s “25 Rules To Grow Rich By”. One “rule” will be re-evaluated each weekday until the series concludes; you can keep tabs on the action at the 25 Rules index. Rule #1: For return on investment, the best home renovation is to upgrade …

  • Money Magazine’s 25 Rules to Grow Rich By – Reevaluated

    Recently, I had the opportunity to read and reflect upon an article in Money Magazine entitled 25 Rules to Grow Rich By, a brief piece outlining 25 basic financial principles that should, in theory, bring about financial success. As a young person looking to build the foundations of a financially successful life, my first read-through …