“Few people attain great lives, in large part because it’s just so easy to settle for a good life.” – Jim Collins, “Good to Great” On the first page in the first chapter of his book, “Good to Great,” Jim Collins makes the intriguing statement above. While it’s a business book, focusing on how some […]
Archive | Psychology of Money
Profitable Ideas: The Financial Habits You Inherited, Stealing Graceland, and More
Weekly list of curated personal finance articles from around the web. The money habits I learned from my parents—for better or worse (Wall Street Journal). “You may want to invest and spend wisely, but these unconscious, ingrained tendencies can create financial problems down the road.” How to visit colleges (The College Financial Lady). If you’re checking out […]
The Single Most Powerful Antidote to Our Consumer Culture
Every day of our lives, we are the unwitting recipients of countless messages designed to foster discontentment. And they work really well, convincing us that we need something more in order to be happy. In order to be worthy of love or respect. According to one study, more than 60 percent of us always have […]
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: College Decision Time, The Most Important Concept in Finance, and More
Weekly list of curated personal finance articles from around the web. 9 ways to help your teen with the college decision (US News). A good guide for what can be a gut-wrenching decision. Financial flexibility (The Best Interest). Don’t paint yourself into a corner. Facing mortality, more Americans wrote wills during the pandemic. Now, they’re […]
Money & Marriage: Knowing Where You’re Coming From
God’s vision and intention for marriage is oneness. Unity. Each person making sacrifices, dying to self for the good of the other and the good of the relationship. There are countless factors that get in the way of oneness: Selfishness, in-law issues, the stresses of life, and more. But the one issue that often rises […]
Profitable Ideas: The Art of Slowing Down, Making Money a Blessing in Your Marriage, and More
Weekly list of curated personal finance articles from around the web. 7 simple steps to embrace slow living through minimalism (No Sidebar). I link to so many articles about slowing down and simplifying because I want to do those things! How about you? How your college major affects whether you have enough money for retirement […]
Profitable Ideas: Raising Kids in a Consumerist World, How to Talk Money With Your Spouse, and More
Weekly list of curated personal finance articles from around the web. Your new $3,000 couch might be garbage in three years. This is why. (Wall Street Journal). Planned obsolescence is everywhere these days. How to raise kids in a consumerist world (Becoming Minimalist). Good ideas for helping our kids live in the world without becoming […]
Profitable Ideas: Why We Buy, Virtual Credit Cards, and More
Weekly list of curated personal finance articles from around the web. Why we buy: the role of comparison in our spending choices (Becoming Minimalist). “Social indifference” is a good goal — actively not caring how other people are spending money (I didn’t say it would be easy!). Virtual credit cards: what are they and should […]
How ‘Anchoring’ Can Mess With Your Mind and Money
This weekend, I bought new shoes for two of our kids at a Nike Outlet store. When I got home, I told my wife what a “great deal” they were. The shoe boxes told the tale. In both cases, they showed a “suggested retail price” of $85 and listed “our price” at $64.99. But I […]