David S. Chang, Author at The Art of Thinking SMART

How to Save Money on Your Car Insurance

January 10, 2019
David S. Chang

Purchasing a car, whether it’s your first or your fifth, is a major life event. Unfortunately, it can also be an expensive one. Auto insurance isn’t just good for you, but it is a positive externality for society. So from beginning to end, how can you save money during your car’s life cycle? Below, we […]

January 6, 2019
David S. Chang

There are many risks that businesses will inevitably encounter. If the risks aren’t properly managed, they can result in loss of earnings, physical damage to property or employees, and worse off, having to close your business. Here are some SMART tips for you and your employees to implement that can help reduce the likelihood of […]

January 6, 2019
David S. Chang

Many people use New Year’s resolutions to change an undesired trait or behavior, to improve their life, or accomplish a personal goal. One of the top goals people have is to start their own business. While most people fail in meeting their resolutions, starting a business and pursuing your dream shouldn’t be one of them! There are many […]

January 4, 2019
David S. Chang

Part Six of a Six-Part Series Courtesy of: Visual Capitalist Here’s How to Become a 401(k) Millionaire There’s nothing more definitive in the journey to financial freedom than hitting the $1 million mark in retirement savings. A nest egg like that is a near-guarantee that you could surmount any curveball the world throws at you, […]

January 4, 2019
David S. Chang

Part Five of a Six-Part Series Courtesy of: Visual Capitalist How to Find a Financial Advisor You Can Trust More and more people are using financial advisors to help them navigate the complex journey to financial freedom. But although more Americans are seeking advice on matters of personal finance, they are also less sure that […]

January 4, 2019
David S. Chang

Part Four of a Six-Part Series Courtesy of: Visual Capitalist The 6 Biggest Mistakes Ordinary Investors Make In many areas of life, we are often our own worst enemies. The realm of personal finance is no different. What’s the biggest threat to achieving financial independence? Unfortunately, it’s your own brain. You can invest in all […]

January 4, 2019
David S. Chang

Part Three of a Six-Part Series Courtesy of: Visual Capitalist What Your 401(k) Provider Doesn’t Want You to Know Born in 1984, the 401(k) plan gave regular Americans a way to make tax-deductible contributions to a retirement account directly from their paychecks. Today, it’s the single most important investment vehicle for most people in […]

January 4, 2019
David S. Chang

Part Two of a Six-Part Series Courtesy of: Visual Capitalist How Wall Street Fools You to Overpay for Underperformance Why do most people invest their hard-earned money? Ultimately what most people really want is freedom – the freedom to do more of what they want, whenever they want, and with whomever they want. Sadly, many […]

January 4, 2019
David S. Chang

Part One of a Six-Part Series Courtesy of: Visual Capitalist The current bull market in stocks is closing in on an astounding 10 years in length, making it the longest bull market run in all of modern history. Largest Bull Markets Rank Bull Market Length #1 09’-18’ (Current) 115 months* #2 ’90-‘00 114 months #3 […]

How To Look After Your Physical and Mental Health

December 28, 2018
David S. Chang

Many people do not realize just how closely their financial health is tied to their physical and mental wellbeing. When you are struggling under financial pressures, whether that’s due to being in debt or not earning enough money to cover your monthly expenses, this can have an adverse effect on how you are able to […]