Profitable Ideas: Habits That Won’t Fail, Two Rules For Building Wealth, and More
Weekly roundup of some of the best personal finance articles from around the web. 5 common mistakes that cause new habits to fail (James Clear). Good insights for anyone with new goals for the new year. Two simple rules for building wealth (A Teachable Moment). “Simple beats complex in investing and life.” Those messy humans […]
The Happiest Uses of Money
If you want to know the secrets to happiness, you’ll find plenty of suggestions online. But there are quite a few serious studies on the topic as well, and one of the most authoritative is the Harvard Study of Adult Development. Some 80 years ago, the school started tracking and analyzing the lives of 724 […]
Profitable Ideas: What To NOT Do In 2021, How To Stop Stressing About Money, and More
Weekly roundup of some of the best personal finance articles from around the web. The year of the quitter. Seven things to stop doing in 2021 (Value Walk). A stop-doing list can be even more beneficial than a to-do list. More information is available about which college majors pay off, but students aren’t using it […]
Danger Ahead
It’s a dangerous business, Frodo, going out your door. You step onto the road, and if you don’t keep your feet, there’s no knowing where you might be swept off to. — Bilbo Baggins, “The Lord of the Rings” We were made for adventure. Even those of us who work in offices know that’s true. […]
Profitable Ideas: Happy Spending, Setting Goals in the Midst of a Pandemic, and More
Weekly roundup of some of the best personal finance articles from around the web. How to spend your money for maximum happiness (Popular Science). The latest on what science tells us about the money/happiness connection. Here are creative ways to teach your kids about charity (CNBC). Good ideas for cultivating hearts of generosity in our […]
Christmas — What’s Fear Got To Do With It?
We don’t usually associate Christmas with fear. We associate it with joy and the celebration of Christ’s miraculous birth. And yet this year’s Christmas finds us living at an unusually fearful time, with the pandemic continuing to wreak havoc with people’s health and livelihoods. So it may come as a helpful reminder that fear—and God’s […]
Profitable Ideas: Investing Lessons From a Crazy Year, The Importance of Knowing Your Financial Story, and More
Weekly roundup of some of the best personal finance articles from around the web. My 2020 investing lessons (A Wealth of Common Sense). My take-away? Find a strategy you’re comfortable staying with in good times and bad, and then stay with it. The reasonable optimist (Collaborative Fund). When it comes to investing, the best mindset […]
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: Financial Happiness In a Tough Season, What You Give Up For a Coupon, and More
Weekly roundup of some of the best personal finance articles from around the web. All the happiness money can buy in the winter of Covid-19 (MSN). With our freedom to do stuff still very restricted, some good reminders about the most satisfying uses of money. Kristina Ellis won $500,000 in scholarships and graduated without student […]
Are You Financially Asleep or Awake? An Advent Lesson
“What does Jesus have against sleep?” One of our kids asked that question several years ago while we were on our way to church on a Sunday morning in December. Our family had been invited to lead “a responsive call to worship” that morning – a short time at the beginning of the service in […]