What the heck is Wealth Tutor?!?

Hello, and welcome to the Wealth Tutor blog!  The goal of this blog is to educate my readers on the importance of a solid financial education while expanding their knowledge of the financial world around them.  Since this is my first attempt at a blog, I'm going to need your patience as I learn the ins and outs of this crazy medium.

I'd like to start out by spending a little time explaining the purpose of this blog, and why I feel led to write it.  No matter where you turn today, you can't seem to get away from all of the bad news in the economy.  From sub-prime mortgage meltdowns, to the consumer credit crisis, to lending institutional lament, everyone is crying the blues about the economy.  But why?  Well, I believe that each and every one of us is responsible for the shape of our economy.  I feel that a complete lack of understanding is the root cause of our economical woes.  It astonishes me to see that high school seniors can graduate school with a complete understanding of how to find the area of an isosceles triangle, but cannot tell you the effect a 13% interest rate has on their car loan.  Without a firm foundation in the basics of money and money management, we are doomed to fail.  And that, my friends, is what I hope to change.

Each post on this blog will pertain to a different financial basic; a stepping stone on the path to financial prowess.  The topics will range from simple banking terms like Interest Rates (and what they really mean to you), CDs, and Money Markets, to amortization tables for a mortgage or car, Vent vs. Buy scenarios, stocks, bonds, ETFs, and mutual funds.  There is a great big world of simple finance out there that we have completely missed.  So strap in and hold on, because you are in for one heck of a ride.