Profitable Ideas: The Science Behind Your Money Habits, A Money Mistake Many Couples Make, and More
Every week, I look through lots of personal finance articles. Here are some of the best. What science reveals about your money habits (Magnify Money). There’s more going on behind the scenes of your financial decisions than you realize. The easiest retirement choice (Of Dollars and Data). Boiling retirement savings down to one especially important decision. We […]
The Warmth of Winter
As another winter stretches on, I’ve been longing for spring. And isn’t that how it is whenever we go through a wintry financial season? We can’t wait for a better one to begin. In my mid 20’s, I inherited $60,000 from an uncle. I used the money to create my dream job, a newsletter for […]
Profitable Ideas: Breaking the Fast Fashion Habit, Making the Most of Your 401(k), and More
7 ways to break the fast fashion habit — and save the planet (World Economic Forum). It isn’t good for your wallet or the environment. Americans could save $700 million by checking one thing before buying a home (MarketWatch). You probably looked at lots of homes before choosing one to buy. You should shop around […]
Which Way Is The Financial Wind Blowing in Your Life?
When you’re in your teens or early 20s, it can be really hard to think about something as abstract as retirement and to put away money for such a vague distant goal. But your age is a huge advantage in building wealth. Huge. The younger you are the more you can take advantage of what […]
Profitable Ideas: Buying Happiness, A Simple Career-Building Secret Weapon, and More
How to buy happiness (Laura Vanderkam). By now you probably know that experiences tend to create more happiness than things, but using money to free up time is also important. Building financial momentum when you’re struggling to make ends meet (The Simple Dollar). The importance of taking even little steps in the right direction. A […]
Breaking the Cycle of Financing Vehicles
Our home may be our castle, but for many people, their car is an extension of themselves. According to a study cited by Juliet Schor in her book, The Overspent American, nearly half of all car owners see their car as a reflection of who they are. The belief that we are what we drive, […]
Profitable Ideas: Retailer Pricing Tricks, Aligning Your Use of Money With What Matters Most, and More
The Target app price switch: What you need to know (9News.com). With Target’s app, prices go up when you enter the store. Since that story broke, the retailer apparently has updated its app, but as always, buyer beware. Parents: Stop worrying about saving enough for college (Forbes). Where college funding should fall on a parent’s […]
Everybody Has a Story
During what would turn out to be my father’s final year of life, he had several caregivers in and out of his house. Since I worked within about a 45 minute drive of where he lived, one day I decided to take a long lunch and pay a surprise visit to check up on the […]
Profitable Ideas: The Fifth-Grade Philanthropist, Closing the Bank of Mom and Dad, and More
A weekly roundup of some of the best personal finance articles from around the web. A 5th grader’s boredom while visiting her mom’s job led to $70,000 for the elderly in need (CNN). Inspiring story about the good that a young child can do. Discipline equals freedom: The difference between deprivation and depriving yourself (Get […]
Doing the Work
One of our sons recently told me about some things that have been bothering him. He’s making good decisions, building good habits, and getting good grades. But he can’t quite see the point in some of the things he’s studying. And all the homework sometimes makes life feel like a grind. I did my best […]