Net worth: How can we use it?

One things I really like about knowing your net worth is how clear it makes the current state of your finances and how many different ways you can improve it.  It is essentially a live autopsy of your financial health, and with the information on … [Continue reading]

Net Worth: What’s it worth?

There are many metrics you can use to determine your financial health.  You can track the amount of money you have currently in your checking account, the money in your savings account or a combination of both.  You can also track the amount of money … [Continue reading]

Lifestyle inflation: Keeping up with the Dr. Joneses

Most of us have heard of the term "Keeping up with the Joneses".  And hopefully most of us know that it is not a horribly mediocre reality show.  It refers to a type of lifestyle inflation in which we accumulate more and more things to keep … [Continue reading]

Put the “person” back in personal finance

Welcome to The Broke Professional!  This is the first post on my first blog.  Lots of firsts.  Allow me to introduce myself.  My name is Syed and I am a broke professional.  I also know that I'm not the only broke professional out there. Getting a … [Continue reading]