As we 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, […]
Archive | Credit/Debt
Profitable Ideas: The Hidden Costs of a Home, Investing in Quality-of-Life, and More
Weekly list of curated personal finance articles from around the web. Hidden costs of owning a home are surging for Americans (CNN). One of the most common mistakes I see on budgets is having nothing or not enough allocated to home maintenance and repairs. Today, that’s an especially important line item. Do you have a […]
Profitable Ideas: Money Touches Everything, The Science of Vacationing Well, and More
Weekly list of curated personal finance articles from around the web. Money pervades everything (The Guardian). “Arguments about money are rarely about money.” The dos and don’ts of lending money (NPR). When friends or family ask for financial help, beware the many landmines. Stocks up, gold down in Americans’ best investment ratings (Gallup). Stocks are […]
Profitable Ideas: How Debt Can Define Your Future, Re-Shop to Save, and More
Weekly list of curated personal finance articles from around the web. How I think about debt (Collaborative Fund). “Debt defines your future, and when your future is defined, hope begins to die.” Defining success beyond material excess (Simple Money). Owning more often complicates life more than it enriches life. The new math of driving your […]
Life’s Biggest Financial Decisions — The Later Years
Out of all the many financial decisions we make, some matter a lot more than others. Last time around, we looked at the decisions that really matter when we’re relatively young (See Life’s Biggest Financial Decisions — The Early Years). Now let’s look at those that matter most as we get older. How you manage […]
Life’s Biggest Financial Decisions — The Early Years
We make lots of financial decisions every day. However, over the course of our lives, there’s a small handful of decisions that really matter. How well we navigate them will make an especially big difference in whether we struggle with money or live with financial freedom and joy. As I describe the decisions, please keep […]
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: More Money in Your Paycheck, Uncommon Advice on Choosing a College, and More
Weekly list of curated personal finance articles from around the web. You may see more money in your paycheck this month. Here’s why (CNN). Revised tax brackets may mean you’ll owe Uncle Sam a bit less. Cell phones in school: a conversation starter (Screenagers). This site is worth following for help managing screen time in […]
Profitable Ideas: 80/20 Personal Finance, The Last Time, and More
Weekly list of curated personal finance articles from around the web. The Pareto principle never gets old (Contessa Capital Advisors). Read the bullet points for some great 80/20 advice. Want a 3% interest rate? ‘Assumable mortgages,’ a relic of the 1980s, are here to combat high rates (MarketWatch). Of course, there’s a catch. They aren’t […]
Setting Financial Priorities: A Framework for Financial Success
It’s easy to make managing money more complicated than it needs to be. That’s because money isn’t just an objective “means of exchange” as the dictionary defines it. Money is wrapped up in our emotions – our hopes, dreams, and fears. And our use of it is strongly influenced by the many messages of our […]