In these economic times, many people are looking at their finances and wondering where they went wrong — and how they can fix it. Some despair of ever truly managing to start over financially. The good news is that it probably isn’t too late to finish rich, even if you have to start over again. David Bach offers 10 steps to help you get on the right track in his book Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010.

Recommit to Wealth
Find Your Money
Deal with Your Credit Card Debt
Fix and Protect …read more

As a Packer fan, I’ve watched Brett Favre for over a decade now, and closer to two. Love him or hate him, he is definitely the best player I have ever seen play the game of football. He’s fun to watch, always exciting, and the controversy he always seems to drag along with him keeps him in the headlines. Even before the Vikings final game this past weekend, people were whispering about his retirement.

People say he has gone back and forth, and while there is some truth to it, there is also a lot we don’t know. …read more

With stock market’s recent troubles (although it is on the way to recovery now), and with so many people concerned about their retirement portfolios, it can be tempting to give in to panic. However, it is important to remember that investing is still one of the best ways to grow a retirement portfolio. The markets will eventually recover (and eventually cycle down again), and chances are that you will be okay — if you have been following a plan with a well-balanced portfolio.
Just remember that the lottery is not a retirement plan. No matter the cynical observations about the stock …read more

One of the biggest news items in the world of personal finance is the fact that 2010 marks the year of the conversion to the Roth IRA. From the traditional IRA or a 401k, it is going to be relatively easy for most people to convert. This will allow higher wage earners, who have so far been excluded from the generous benefits of the Roth IRA, to get in on the action of tax-free growth. And one of the strategies that can help higher income wage earners get in on the Roth IRA action is the nondeductible IRA.
I read about …read more

Right now, it is no surprise that many people are worried about retirement. The good news is that Terry Savage offers some practical advice when it comes to figuring how much you really need to retire. She calls this the “Savage Number”, and it has been a guide for many. Now, thanks to the changing economic climate and the new realities of finance, Savage offers an updated way to work out how much you need for retirement. Her book, The New Savage Number, provides you with the tools you need to plan for a prosperous retirement.
Be warned: The New Savage …read more

I’m not bound by boxing and apparently neither is Floyd Mayweather, Jr. Whereas I express myself by losing at poker for the majority of a Friday night and thus not watching the live boxing, Floyd demonstrates his determination by issuing a heartfelt and pained press release stating he’s gone for good and is forsaking his $20M fight against Oscar De La Hoya.
Boxing writers the blogosphere over have responded with their own heartfelt remembrances of the 31-year-old. Yahoo! Sports’ Kevin Iole tells Floyd how much he’ll be missed, ESPN’s Kieran Mulvaney wonders what might have been and even the usually doubtful …read more

Image details: Oscar De La Hoya v Steve Forbes Weigh-In served by picapp.com
For all those pundits hoping and wishing that Bernard Hopkins would just go away, retire, and not be heard from again: your wish is not coming true. Hopkins will not go quietly into that good night. He hasn’t announced a next fight but he certainly has something to say about Chuck Giampa.
Who’s Chuck Giampa? He is the judge who scored in favor of Joe Calzaghe 116-111. Unlike Bernard, Chuck is leaving the fight game, retiring after scoring over 2,000 bouts. When ESPN.com told Hopkins of Giampa’s departure he …read more