Profitable Ideas: Not Your Father’s Stock Market, The Lost Art of Thinking Long Term, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Your father’s stock market is never coming back (Fortune). The crazy investing world we’re living in. Add ‘climate hazards’ to your home-buyer’s checklist (NY Times). Now you can find out the likelihood of fires, floods, and more for a house you’re thinking […]
The Importance of Being Known—Financially and Otherwise
Like many of you, I was shocked by the suicides of fashion designer Kate Spade and TV personality Anthony Bourdain that both happened three years ago this month. On one level, their deaths showed what a fallacy it is that fame and fortune assure happiness. I couldn’t help but recall this quote from actor Jim […]
Profitable Ideas: Your Brain is Not Your Financial Friend, The Mobile Investor, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Your behavioral biases could be causing you more financial harm than you realize (CNBC). In many ways, our brains seem to be wired to steer us off course. Your 401(k) isn’t free. Here’s how to figure out how much you’re paying in […]
One of the Sweetest Concepts in All of Money Management
Some words and phrases just feel good. Summer vacation. Sleeping in. Cubs win. Financially speaking, one of my all-time favorite words is margin. And it feels even better than it sounds. Think of it as financial breathing space, a wonderful gap between income and expenses. It reduces stress, provides the flexibility to give or save […]
Profitable Ideas: In Pursuit of “Enough,” A Year of Focused Saving, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. Why having “enough” feels so elusive (Rad Reads). No easy answers here, just a good question we would all do well to ask ourselves from time to time. How a post-college gap year set me up for a million-dollar retirement (Real Simple). […]
Rest for the Weary
“Who of you by worrying can add a single hour to his life?” – Matthew 6:27 In December of 2006, as each week brought news of yet another publisher who had decided to take a pass on a book I had poured a year of my life and left a well-paying corporate job to write, […]
Profitable Ideas: Tune Out The Investment Noise, The Problem With Possessions, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. 10 things you shouldn’t care about as an investor (A Wealth of Common Sense). Access to information has never been easier, which is why it’s so important to decide what not to take in. Earn, save, invest: 3 rich habits for life […]
Just ask. They Might Say Yes.
I am constantly amazed at what you can get just by asking. I’ve written before about an experience we had with our van. It needed a costly repair that seemed to be due to a manufacturing defect. Just by asking, I got not just the amount of the repair reimbursed; I got more than the […]
Profitable Ideas: Planning for a Productive Day, An Estate Plan for Your Digital Assets, and More
Weekly roundup of interesting and helpful personal finance articles from around the web. This is the best time to do anything: 6 powerful secrets from research (Barking Up The Wrong Tree). I have found this to be an important key to productivity. That’s why I try to schedule all creative work for the morning and […]
How Much Should I Spend on a House?
Of all the spending decisions you make, housing is the most important one. It’s probably your biggest expense, so it’s essential to get it right. Doing so is one of the most important keys to being able to live generously, save and invest adequately, and live with financial margin and peace of mind. How Much of a […]