Why the name of the blog CultOfMoney?
According to wiki, the word cult in current popular usage usually refers to a new religious movement or other group whose beliefs or practices are considered abnormal or bizarre. The word originally denoted a system of ritual practices.
The key to successfully building wealth and finding happiness, is the following of systematic ritual practices. These could be rituals such as paying yourself first, doing only what you love, and always following the golden rule with people. There are many other systematic ritual practices that I’ll be discussing, and if fact that was the point for this blog. In the current popular meaning, wiki also mentions behavior considered abnormal. Most Americans have credit card debt. Most don’t save enough. Most spend more than they make, and more than half couldn’t come up with $2,000 in 3 days if they had to. If that is normal, I would say you want to be abnormal and join the Cult! The CultOfMoney.com!
A little about myself:
My name is Karl. My undergrad degree is a Bachelor’s of Science in Computer Science, and I have my Masters in Business Admin.
I have owned my own consulting company, worked extensively as a consultant up and down the West coast in financial management, corporate performance management, and business information systems, and worked in government budgeting. I helped companies perform better by looking at their systems and processes, recommending solutions, and actually implementing solutions in most cases. For my currently employer, I’m deeply involved in creating budgets and analyzing actuals compared to the budget. I’m hoping to bring this experience to help others perform better in several areas of their financial lives.
I own a home which still has a mortgage, but no consumer debt. My wife and I actively save 35-45% of our income. As a couple we work very well together. I have no kids. I would like to travel much more than I do, and am planning to do so extensively in the next couple of years.