Profitable Ideas: The 7 Deadly Sins of Personal Finance, Americans’ Top Money Regret, and More
Weekly roundup of some of the best personal finance articles from around the web. The seven deadly sins of personal finance (Get Rich Slowly). What would you add to this list? Teaching your kids to give their money away is one of the most important lessons they’ll learn (Business Insider). Ideas for getting kids started […]
Let It Go
I’ve spent way to much time in recent days feeling very wronged. And by a fellow Christian, no less. Somehow, a commitment made a few weeks ago, a couldn’t-have-been-any-clearer “yes,” turned into a “no.” It was something I was extremely hopeful about, something that seemed like a miraculous gift from God. For it to have […]
Profitable Ideas: When a Sale Costs More, New Thinking on the Happiness/Success Equation, and More
Weekly roundup of some of the best personal finance articles from around the web. Who doesn’t love sales? There’s just one problem: they lead us to make dumb choices (Ideas.TED). Unfortunately, many of us have trouble determining how much something is really worth. Marketers know that, and love that. Tornados, hurricanes and earthquakes: What does […]
Teach Your Kids About Money By Embracing These Three Roles
One of the best gifts we can give our children is to teach them how to use money wisely. In order to do that, it’s helpful to embrace three parenting roles. The Gatekeeper There are several parenting books that have helped me in my journey of being a dad, including one I’ve never even read. […]
Profitable Ideas: How Your Phone Impacts Your Spending, Too Much Stuff, and More
Weekly roundup of some of the best personal finance articles from around the web. You spend 41% more at the supermarket if you keep checking your phone (MarketWatch). Distracted shopping costs more. 200 random things libraries will let you check out for free—from instant pots to skulls (Money). When was the last time you checked […]
Keeping a Steady Hand on the Wheel Under Changing Financial Conditions
The way we buy cars offers a great example of what I call “binge/purge” money management. For the auto industry, 2018 was a solid year. Some 17.3 million vehicles were sold (the fourth straight year with more than 17 million vehicles sold), with SUVs and trucks leading the way. Auto industry writers, such as Jason […]
Profitable Ideas: Choosing Time Over Money, Turning $5,000 Into $33 Million, and More
Weekly roundup of some of the best personal finance articles from around the web. When it’s time to choose time over money (She Picks Up Pennies). The last section of this article says it all—doing the blocking and tackling of wise money management gives us options to build our lives around what matters most. 6 […]
The Perks of Plastic – 8 Great Credit Card Benefits
Some financial teachers believe no one should have a credit card. They believe the road to ruin is paved in plastic. While I’ve met some people who would be better off without credit cards, I believe that by following four simple rules for wise credit card use it’s possible for most people to use credit […]
Profitable Ideas: The 7 Factors That Lead to Wealth, Give Your Budget a New Name, and More
Weekly roundup of some of the best personal finance articles from around the web. The seven factors: behaviors that lead to wealth (The Simple Dollar). Some people build wealth and some people don’t. Here’s what makes the difference. Thanks to Facebook, your cellphone company is watching you more closely than ever (The Intercept). Why marketers […]
It’s Amazing What You Can Get If You’re Willing to Ask
There are two general ways that we all spend money. There’s the stuff we buy infrequently, like cars and TVs. And then there’s the stuff we pay for every month, like the water bill and the cable bill. I have a passionate dislike of monthly bills and I try to avoid or minimize them as […]