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 […]
Profitable Ideas: The Happiest Uses of Money, The Risk of Playing it Too Safe, and More
Weekly roundup of some of the best personal finance articles from around the web. Spend your money on these three things to increase happiness, according to science (Becoming Minimalist). Good reminders about some of the best uses of money. 5 ways to land a promotion (besides showing you’re a hard worker) (Fast Company). How to […]
The Purpose of Money
Early in my journey of learning about money, I noticed a very odd disconnect. On the one hand, it was obvious that there’s a ton of personal finance advice readily available. Search on any financial question and within seconds you can find answers. And yet, lots of people struggle with money. Why is that? With […]
Profitable Ideas: Hands Off Your Retirement Money, Stretching Your Income Through Minimalism, and More
Weekly roundup of some of the best personal finance articles from around the web. Should you take a loan from your retirement savings account? These people wish they hadn’t (MarketWatch). It’s pretty easy to tap into your retirement savings early. Here’s why you shouldn’t. Are you suffering from imposter syndrome? (Visual Capitalist). This is a […]
The Single Most Powerful Personal Finance Tool
If a tool existed that would give you a strong sense of control over your finances and help keep your financial stress low, wouldn’t you use it? If this tool served as a financial road map, showing you clearly how you could live within your means, generously support the causes you care about, and save […]
Profitable Ideas: How to Live More Intentionally, The Truth About Airline Mileage Programs, and More
Weekly roundup of some of the best personal finance articles from around the web. 6 thought-provoking questions to discover a more intentional life (in any area) (Becoming Minimalist). It has a lot to do with what you buy and how. Your home is not an investment (The Irrelevant Investor). But it probably is your single […]
The Case Against Frugality
As the recession of 2008 dragged on, frugality came into vogue, and many commentators believed a new and lasting way of life had begun. The savings rate went up, people held onto their cars longer, and second hand stores became all the rage. In 2010, 63 percent of people said the recession had “forever changed” […]
Profitable Ideas: Which Colleges to Apply to, How Biased Thinking Can Mess With Your Money, and More
Weekly roundup of some of the best personal finance articles from around the web. This is the strategy high school seniors and their parents should adopt with college applications (MarketWatch). A new way of thinking about which colleges to put on your list. What’s the difference between minimalism and frugality? (The Simple Dollar). Both have […]
How to Fight Fair About Money
Every healthy relationship involves conflict. In fact, psychologist John Gottman, who has spent more than 20 years studying what makes marriages last, believes that “fighting . . . can be one of the healthiest things a couple can do for their relationship.” In his book, Why Marriages Succeed or Fail, which I highly recommend, Gottman […]
Profitable Ideas: An Important Financial Step Few Have Taken, A Pickup Might Be Running Your Finances Off The Road, and More
Weekly roundup of some of the best personal finance articles from around the web. Only 1 in 4 Americans have made this essential retirement planning move (Fox Business). It’s free, relatively easy, and it will probably motivate you to save more. Here’s one of the easiest tools for the job. Half of America doesn’t check […]