Category: About

Intro to Foundational Posts

My Foundational posts are posts that contain key basics.  For example, to become wealthy over time, you need to save money and earn interest on that money.  There is no if’s, and’s, or but’s about it.  New readers would find these posts very informational, especially if they are struggling to see where I am coming from on other posts.  Because they are Foundational, they will be updated from time to time so that one does not have to read through several smaller posts to understand fully where I am coming from.  Enjoy!

 

First Post!

Welcome to Prudent Coin’s first post!  Creating this blog has been a desire of mine for several years, and the financial thoughts that will be shared on it are something I have wanted to put on paper for a long time.  I guess I see four reasons why:

  1. To help me think through and have to defend my solutions to my own financial struggles.
  2. To catalogue my growth, both in financial matters and maturity.
  3. To have something my own children can read and learn from as they get older.  Too often the wisdom of previous generations, often learned from the school of hard knocks, isn’t stored and passed down.
  4. To help others who are not set financially, and are struggling to get there.  There are a number of great financial bloggers who were able to amass savings and investments that allowed them to retire after only a decade or two in the workforce.  Because of personal decisions, such as not wanting to take on debt for college and having several children in my 20’s, my road to financial freedom will be longer.  But I think my delayed journey is more representative of the average American and may be an encouragement to you.

Hopefully you will join me on this journey to financial security and even freedom.