Profitable Ideas: Getting Serious About Financial Freedom, Stop Writing Checks, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. She paid off $25,000 in 10 months, then went on the adventure of a lifetime (Clark Howard). If you have debt, a key question is, “How serious are you about getting out of debt?” This woman was very […]
What the Bible Says About Money – Identity, Purpose, Earning, and Planning
In a recent post, I described the process of financial life-change as circular, not linear, and I emphasized the importance of knowing what the Bible teaches about money. However, I only quoted a handful of verses. This is the first of several posts taking a deeper look at some of the verses that most clearly […]
Profitable Ideas: The Motivating Power Of Your Financial Potential, Money Secrets Couples Keep, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. One simple thing you can do to start budgeting today (Wise Bread). How the big picture of your financial potential can motivate you to sweat the details. Pursuing the right goals (A Wealth of Common Sense). What are […]
Profitable Ideas: Developing the Will to Succeed, Getting a Clue on Credit Scores, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. How to use a teacher’s lesson plan to manage your money (A Teachable Moment). Many of the same principles that go into a well-run classroom apply to a well-designed financial plan. 10 things not enough kids know before […]
What’s Your ‘One Great Thing’?
How would you answer the following questions? What could you be the best in the world at? What are you deeply passionate about? What drives your economic engine? What single denominator has the greatest impact on your finances? At the intersection of your answers is your “hedgehog concept,” which is one of the key ideas […]
Profitable Ideas: No Regrets, No More Stinkin’ Thinkin’ About Money, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. Millions of Americans regret not saving for retirement earlier (Yahoo Finance). Learn from older Americans and avoid their number one financial regret. One smart thing you can do for your retirement today (Wise Bread). Need an action step […]
To Get to Where You Want to Go, You Have to Face the Facts About Where You Are
You probably have financial goals. Maybe you’ve even turned them into SMART goals (specific, measurable, attainable, relevant, time-bound). But have you taken a brutally honest look at your current reality? Learning From Great Businesses In an earlier post, we began exploring lessons from the business classic “Good to Great” and how they could be applied […]
Profitable Ideas: Paying Off $65,000 of Debt in 15 Months, When You Don’t Love Your Job, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. How I paid off $65,000 in debt in just 15 months (MarketWatch). Encouraging story, and note the importance of getting the big expenses, such as housing, right. All-star LinkedIn users are 40 times more likely to get contacted—here’s […]
Profitable Ideas: Learning From Other People’s Financial Regrets, Simple Habits For Career Success, and More
A weekly roundup of some of the more interesting and helpful personal finance articles I’ve read recently. 5 real people share the money lessons they wish they’d learned sooner (Business Insider). What’s one money lesson you wish you’d learned sooner? Choose experiences over stuff, and maybe security too (Sketch Guy – a NY Times blog). […]
How to Manage Money in a Financially Abstract World
In a recent article in which I highlighted eight benefits of credit cards, a reader named Wayne asked a great question: “What about the extra 10 to 15% most people spend using credit?” There have been numerous studies demonstrating that people do, in fact, tend to spend more when using plastic instead of cash. One […]