Profitable Ideas: Your Wealth is Predictable, What Every Successful Person Knows, and more.
A weekly roundup of some of the best personal finance articles from around the web. The 5 things that best predict how rich you’ll be (Moneyish). Good things come to those who know how to wait. Is your employer’s retirement plan any good? Here’s how to find out (Quartz). All 401(k) plans are not created equal. Be […]
One Habit That Will Greatly Improve Your Finances
What if there were a single step you could take to greatly increase your sense of financial control and confidence, decrease your financial stress, make your marriage work better, free up money for generosity, increase your savings, and speed the process of getting out of debt? What if this single step were available to you […]
Profitable Ideas: Turning Money Into Superdollars, Why Kids Really Want Things, and more.
A weekly roundup of some of the best personal finance articles from around the web. How to turn your money into superdollars (Morningstar). Time is one of the most important ingredients for investing success. Free money doesn’t hurt either. Purposeful spending (The Belle Curve). On the benefits of funded contentment. 28 pieces of productivity advice I stole […]
Teaching Kids About Money By Keeping It Real
Wise money management is one of the most important subjects typically not taught in school. And unfortunately, where it is being taught, many of the efforts have been found to be ineffective. The issue seems to be that such teaching is too abstract. There’s been too much lecturing and too little letting kids do real […]
Profitable Ideas: Mountains of Stuff, The Debt-Free College Education, and more.
A weekly roundup of some of the best personal finance articles from around the web. We are all accumulating mountains of things (The Atlantic). Feeling stuffed? You’re not alone. The money-management secrets of a 56-year union: ‘It’s always been ours’ (Kiplinger). What’s the secret to making money work in marriage? The headline says it all (but read […]
Where Are You Setting Your Hope?
I came across a new phrase that I really like in John Eldredge’s latest book, All Things New (which I highly recommend). He wrote about “shepherding our hope.” I’ve never thought about hope that way, that’s it’s something to be shepherded. This idea has the potential to very positively transform our relationship with money and what […]
Profitable Ideas: A Career Wake-Up Call, Making Money Work in Your Marriage, and more.
A weekly roundup of some of the best personal finance articles from around the web. Wake up! A record number of workers are ‘sleepwalking’ through their careers (Moneyish). The late Studs Terkel called it, “Making a dying.” If your career could use a wake-up call, this article has some helpful ideas. Strategies for wasting less food (Litterless). […]
Do Target-Date Funds Miss the Mark?
In general, I believe there’s more to like about target-date funds than dislike. However, several recent articles have taken such funds to task. Let’s see if the criticisms are warranted. A little background Target-date funds greatly simply the process of choosing an appropriate mutual fund, getting the important asset allocation process mostly right and automating […]
Profitable Ideas: What It Means to Be Rich, The Storage Unit You Call Home, and more.
A weekly roundup of some of the best personal finance articles from around the web. What it means to be rich: The difference between income and wealth (Get Rich Slowly). This point may seem basic, but it’s really important. In fact, it was a central point in one of the best personal finance books I’ve ever […]
Common Questions About Biblical Generosity
In a recent post, I described generosity as An Irrational Financial Act, going on to explain why it’s actually essential for anyone who wants to experience simple, meaningful financial success. With this post, I’d like to answer two very common questions about generosity. How Much to Give I believe the first principle to follow when […]