Profitable Ideas: Money Lessons From a 500-Year-Old Saint, Investing Has Been Forever Changed, and More
Weekly roundup of worth-your-time personal finance articles from around the web. What a 500-year-old saint taught me about money (Incognito Money Scribe). The “financial examen” — a wonderful idea for cultivating a more thoughtful, intentional financial life. The value of a college degree (Get Rich Slowly). “A student’s choice of program is perhaps the most […]
Two Steps to Take Now for a Financially Sane Christmas Next Year
I know, Christmas is over. However, by the time most Christmas prep articles come out, it’s too late to prepare adequately. What I’ve discovered in my own life is that the most helpful steps toward a financially sane Christmas next year begin right after this year’s Christmas celebration is over. 1 – Create your own […]
Profitable Ideas: A One-Page Financial Plan, Avoid Market Panic Attacks, and More
Weekly roundup of worth-your-time personal finance articles from around the web. A one-page financial plan? Yup, that really is enough (The Evidence-Based Investor). If you don’t have a financial plan, this article (and the book it’s based on) will help you get started quickly and easily. Six rules for avoiding market panic attacks (A Teachable […]
A Peace That Transcends Understanding
Each Christmas season when our kids were younger, we would change their bedtime routine to include singing some traditional Christmas carols like Silent Night and O Holy Night. The songs made for a soothing transition from playtime to bedtime. Silent night, holy night. They’re still two of my favorite Christmas songs. Maybe it’s because this […]
Profitable Ideas: Work as Worship, The Blessings of Generosity, and More
Weekly roundup of some of my favorite personal finance articles from around the web. What we can learn from a man who built a cathedral one brick at a time (Daily Citizen). “His mindset was of another century, when and where brawn and the solitude of work were seen as a form of worship.” Talking […]
One Simple Question for Cultivating a Heart of Gratitude and Service
December is a natural time to take stock of the year, financially and otherwise. Did we achieve the goals we set for ourselves at the start of the year? What went well? What didn’t go so well? And what changes should we aim for in the year ahead? But a few years ago I came […]
Profitable Ideas: What’s Behind Your Money Worries, Random Acts of Kindness, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. What you’re really worried about when you’re worried about money (The Atlantic). It’s good to explore what’s behind our financial fears, and it’s interesting how generosity can redirect our focus in very healthy ways. Starting early (Humble Dollar). Getting the young people […]
‘I Play Like It’s The Last Day of My Life’
As much as I love the game of golf, I can honestly say that I’ve never read a golf-related article that brought tears to my eyes. Until I read the incredible story of Jose de Jesus Rodriguez. (Even if you’re not a golfer, I think you’ll be glad you read the article at that link). […]
Profitable Ideas: How the Rich Are Different, Playing the Long Game, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Why rich people avoid consumerism (Darius Foroux). “Most people don’t own income-producing or liquid assets. Most people own products and debt.” Assured misery (Collaborative Fund). What to avoid if you want to be happier—in your use of money, and otherwise. The long […]
How Much Life Insurance Do You Need?
In a previous post, I provided some guidance as to who needs life insurance. If you determine that you need it, the next question is, “how much?” You’ll hear about various guidelines for answering that question, usually based on multiples of your salary. Some say you should carry life insurance with a death benefit equal […]