Profitable Ideas: A Brain Wired for Wealth, Lower the Cost of College, and more.
A weekly roundup of some of the best personal finance articles from around the web. Is your brain wired for wealth? (Jason Zweig). A long read, but worth the effort for anyone who wants to invest better. 6 ways to lower the cost of college (The White Coat Investor). That ACT/SAT test prep course may be well […]
Taking Your Finances From Good to Great: A Culture of Discipline
Would you like to achieve uncommon financial success? As I read the business classic, “Good to Great,” I couldn’t help but think that the principles used by the unusually successful businesses profiled in the book are directly applicable to how we manage money. In the book, author Jim Collins takes a close look at a […]
Profitable Ideas: Avoid These 10 Money Wasters, Save on Your Next Vacation, and more.
A weekly roundup of some of the best personal finance articles from around the web. 10 stupid ways you’re probably wasting money (MarketWatch). Lots of little things can really add up. ‘It’s my turn’ (The Atlantic – video). The latest thinking on raising generous, resilient kids. Unsure how your career impacts your kids? Here’s some perspective (Fast […]
Helping Your Kids Build Wealth — What It’s Really All About
I’ve written several blog posts recently, explaining how we’re helping our three kids — ages 9, 12, and 14 — get started with investing (Read Inevitable Wealth: Getting Kids Started With Investing). I explained our choice of investment strategies and mentioned that if they’re able to get their investment account to $3,000 by the time […]
Profitable Ideas: Five Money Moves to Avoid, 30 Ways to Save on Your Water Bill, and more.
A weekly roundup of some of the best personal finance articles from around the web. Five money mistakes that can destroy a marriage (CNBC). If any of these issues are present in your marriage, it isn’t too late, but it certainly isn’t too early to start making some changes. ‘The market is rolling simply because it’s […]
Helping Kids Get Started With Investing — 3 Common Mistakes
I’ve been doing a lot of thinking (and writing!) lately about teaching kids how to invest. In a couple of recent posts (here and here), I’ve demonstrated the incredible potential of getting kids started with investing as soon as possible. While there is a lot of potential, I realize there are also some mistakes that could […]
Profitable Ideas: Getting Amazon’s Prices Wherever You Shop, Money Rules, and more.
A weekly roundup of some of the best personal finance articles from around the web. 10 big chain stores that will secretly match Amazon’s low prices (Money). Want the item today? You might be surprise at which stores will match Amazon’s prices. Paying off student loans faster: A how-to guide (Magnify Money). The pros, some cons, and […]
What If Your Kids Had Their Retirement Funded Before They Finish High School?
In a previous post, I shared some details about how we’re getting our kids involved in investing. At ages 9, 12, and 14, they’ve long had savings accounts and several years ago invested in their first stock. But now we’re dialing things up by switching to a broker that’ll better serve their long-term needs, being […]
Profitable Ideas: Wealth is What You Don’t See, Cell Phone Cybertheft Protection, and more.
A weekly roundup of some of the best personal finance articles from around the web. Wealth is what you don’t see (Fervent Finance). This is one of the main messages from my favorite secular personal finance book, The Millionaire Next Door. Not so simple living (Becoming Minimalist). It’s interesting what gets uncovered when you get rid of […]
Determining Your Financial Independence Day
As you prepare to celebrate our country’s Independence Day this week, why not take a few minutes to figure out your financial independence day? If you have any debt other than a reasonable mortgage, that’s the day when you will be completely out of that debt. If the only debt you have is a mortgage, […]