Using money well is one of those things we never get fully right. We’re constantly trying to make changes, improvements. And the bigger the change, the greater the challenge. That’s why I’ve been taking an in-depth look at the findings from Switch, Chip and Dan Heath’s excellent book on “How to Change Things When Change […]
Archive | Credit/Debt
To Make a Positive Change, Make it Emotional
Making an important lasting change in our life can be tough. We vow to get out of debt, but old habits are hard to break and we just can’t seem to make progress. We commit to putting more aside for an emergency fund, but spending comes so much easier. In their book, Switch, Chip and […]
Profitable Ideas: This Might Get You Audited, Building Wealth the Boring Way, and More
Weekly roundup of some of the best personal finance articles from around the web. 22 IRS audit red flags (Kiplinger). It’s always struck me as odd that people who give especially generously are more likely to be audited. Rationality in investing (Retirement Field Guide). Taking a long-term perspective will be better for your portfolio, and […]
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 […]
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 […]
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 […]
Profitable Ideas: What to Ask Before You Spend, Money Lessons Schools Don’t Teach, and More
Weekly roundup of some of the best personal finance articles from around the web. Consider what you gain before spending your hard earned money (Money Ning). Have any somewhat substantial purchases on your radar screen? Ask these questions first. Embrace fate before it embraces you (A Teachable Moment). Life is short. Make your decisions — […]
Profitable Ideas: Your Check Will Soon be in the Mail, Not Too Late to Build an Emergency Fund, and More
Weekly roundup of some of the best personal finance articles from around the web. Stimulus checks: How much money will you get, and when? (CBS Money Watch). Treasury Secretary Steve Mnuchin says the checks could arrive in about three weeks. But first the House of Representatives needs to give its stamp of approval. Six smart […]
Anchors in the Storm
“The grass withers and the flowers fall, but the word of our God stands forever.” – Isaiah 40:7 With so much stock market turmoil and economic uncertainty swirling about, now more than ever we need the reassurance and guidance of God’s eternal Word. In order to cope with these challenging times, consider the counsel and […]
Profitable Ideas: When Buying in Bulk Costs More, The Best Retirement Account You’re Not Using, and More
Weekly roundup of some of the best personal finance articles from around the web. When buying in bulk is a mistake (New York Magazine). Sometimes, paying a lower cost per ounce means paying more. Got a raise? It’s time to bump up your savings, too (NY Times). An increase in pay is an opportunity for […]