Personal Finance Buzz

And no, I’m not talking about some guy named Will who helps out around the house, either.

Without a doubt, having a will is one of the most important documents you will ever have the privilege of paying a lawyer to prepare for you. For all 3 of you who are living in a cave, a will is the document that gives direction on how to divide up your assets. Typically, your assets are sold in the open market, and the proceeds after any debts are paid are given to whoever is lucky enough to be a beneficiary. A will is a simple document, but so incredibly important. Here’s why.

Can you get rich just by visualizing yourself as being rich? A new study provides interesting clues about visualization.

People throw the word “rich” around all the time in personal finance but because there is no exact amount that makes a person rich, your definition of the word might be different from ours.

Is being rich really just about money? Or are there other factors involved? Even though I’m not what many people would consider “rich” in terms of income, I do feel rich in a number of ways.

What are the real reasons that many of us have for wanting to be rich? What goals for wealth do you have? Why do you want to be rich?

On today’s episode of the Consumerism Commentary Podcast, Tom Dziubek and Flexo talk to Ramit Sethi, author of the bestselling book I Will Teach You To Be Rich.