Out of all the many financial decisions we make, some matter a lot more than others. Last time around, we looked at the decisions that really matter when we’re relatively young (See Life’s Biggest Financial Decisions — The Early Years). Now let’s look at those that matter most as we get older. How you manage […]
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Life’s Biggest Financial Decisions — The Early Years
We make lots of financial decisions every day. However, over the course of our lives, there’s a small handful of decisions that really matter. How well we navigate them will make an especially big difference in whether we struggle with money or live with financial freedom and joy. As I describe the decisions, please keep […]
Radical Ways to Accomplish Your Financial Goals
One of the most common questions I get in workshops is, “Where can I possibly find the money to…” save, give, get out of debt, or simply make ends meet? The answer is often found in questioning our spending assumptions. I recently worked with two couples and recommended that they go from two-car households to […]
Profitable Ideas: More Money in Your Paycheck, Uncommon Advice on Choosing a College, and More
Weekly list of curated personal finance articles from around the web. You may see more money in your paycheck this month. Here’s why (CNN). Revised tax brackets may mean you’ll owe Uncle Sam a bit less. Cell phones in school: a conversation starter (Screenagers). This site is worth following for help managing screen time in […]
Profitable Ideas: 80/20 Personal Finance, The Last Time, and More
Weekly list of curated personal finance articles from around the web. The Pareto principle never gets old (Contessa Capital Advisors). Read the bullet points for some great 80/20 advice. Want a 3% interest rate? ‘Assumable mortgages,’ a relic of the 1980s, are here to combat high rates (MarketWatch). Of course, there’s a catch. They aren’t […]
Setting Financial Priorities: A Framework for Financial Success
It’s easy to make managing money more complicated than it needs to be. That’s because money isn’t just an objective “means of exchange” as the dictionary defines it. Money is wrapped up in our emotions – our hopes, dreams, and fears. And our use of it is strongly influenced by the many messages of our […]
Profitable Ideas: An $80,000-a-Year Gamble, The Overindulged Child, and More
Weekly list of curated personal finance articles from around the web. Should I let my kid take an $80,000-a-year gamble on college financial aid with an early decision application? (MarketWatch). It’ll improve the odds of getting accepted, but it’s binding so make sure you’re all in. Credit bureaus announce big changes for credit reports (Clark […]
Profitable Ideas: Raising Capable Kids, An ‘Extra Strength’ IRA, and More
Weekly list of curated personal finance articles from around the web. Raising capable kids: why doing less for your kids means more (Becoming Minimalist). A little hard work will do them a lot of good. Stop obsessing about having the perfect career plan (Wall Street Journal). Your career path, much like the stock market, probably […]
Profitable Ideas: Finding Contentment in Our Consumer Culture, The Money Date, and More
Weekly list of curated personal finance articles from around the web. Can you be content in a culture of ‘never enough’? (Relevant Magazine). Good ideas for living with joy in our consumer culture. Screen time is contributing to chronic sleep deprivation in tweens and teens (The Conversation). One of many reasons to place limits on […]
Profitable Ideas: Other Forms of Wealth, When Saving Becomes Hoarding, and More
Weekly list of curated personal finance articles from around the web. The five types of wealth (The Knowledge Toolkit). Some healthy new ways of thinking about what’s valuable. What is Service Line Insurance and Do I Need It? (Clark Howard). You probably get lots of pitches for this. Here’s one personal finance expert’s take on […]