Profitable Ideas: ‘Anchoring’ for Profit, What Millionaires Drive, and More
Weekly roundup of some of the best personal finance articles from around the web. How ‘anchoring’ empowers this personal finance author to make better spending decisions (NBC News). Marketers use ‘anchors’ all the time. Create your own and you’ll save money. How to reclaim your time to focus on work that really matters (Fast Company). […]
Choose Your Financial Role Models Well
The comparison game is hard to avoid. It’s been played for a long time, and lately it’s become even more challenging. “I think the difference today is the unending nature of knowing what ‘the Joneses’ do, given technology. Purchases, vacations, educations are all broadcast via social media and other means.” That’s Sarah Stanley Fallaw, Founder […]
Profitable Ideas: Seven Money Conflicts in Marriage, Popular Money Apps Put to the Test, and More
Weekly roundup of some of the best personal finance articles from around the web. 7 common money conflicts in marriage and how to solve them (Kiplinger). What to watch out for and how to resolve these issues if they come up in your marriage. Being satisfied with what we have (Seed Time). It’s counter-cultural and […]
Fuzzy Math: What Constitutes a ‘Deal’?
Imagine you’re in a store thinking about buying a calculator that normally sells for $15 when a salesperson informs you the company’s other store, located 20 minutes away, has the same calculator available with a $5 discount. Would you make the drive? Now imagine the same situation with one exception: the calculator you’re considering normally […]
Profitable Ideas: The 7 Deadly Sins of Personal Finance, Americans’ Top Money Regret, and More
Weekly roundup of some of the best personal finance articles from around the web. The seven deadly sins of personal finance (Get Rich Slowly). What would you add to this list? Teaching your kids to give their money away is one of the most important lessons they’ll learn (Business Insider). Ideas for getting kids started […]
Let It Go
I’ve spent way to much time in recent days feeling very wronged. And by a fellow Christian, no less. Somehow, a commitment made a few weeks ago, a couldn’t-have-been-any-clearer “yes,” turned into a “no.” It was something I was extremely hopeful about, something that seemed like a miraculous gift from God. For it to have […]
Profitable Ideas: When a Sale Costs More, New Thinking on the Happiness/Success Equation, and More
Weekly roundup of some of the best personal finance articles from around the web. Who doesn’t love sales? There’s just one problem: they lead us to make dumb choices (Ideas.TED). Unfortunately, many of us have trouble determining how much something is really worth. Marketers know that, and love that. Tornados, hurricanes and earthquakes: What does […]
Teach Your Kids About Money By Embracing These Three Roles
One of the best gifts we can give our children is to teach them how to use money wisely. In order to do that, it’s helpful to embrace three parenting roles. The Gatekeeper There are several parenting books that have helped me in my journey of being a dad, including one I’ve never even read. […]
Profitable Ideas: How Your Phone Impacts Your Spending, Too Much Stuff, and More
Weekly roundup of some of the best personal finance articles from around the web. You spend 41% more at the supermarket if you keep checking your phone (MarketWatch). Distracted shopping costs more. 200 random things libraries will let you check out for free—from instant pots to skulls (Money). When was the last time you checked […]
Keeping a Steady Hand on the Wheel Under Changing Financial Conditions
The way we buy cars offers a great example of what I call “binge/purge” money management. For the auto industry, 2018 was a solid year. Some 17.3 million vehicles were sold (the fourth straight year with more than 17 million vehicles sold), with SUVs and trucks leading the way. Auto industry writers, such as Jason […]