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The Ripple Effect of Our Financial Choices

Who are your financial role models? Which of your relatives, friends, neighbors, or co-workers motivate you to make smart money moves? For me, it isn’t the wealthy people I know who live in big homes or drive fancy cars. It isn’t the people who are always the first to own the latest gadgets. It’s the […]

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The Heart of a Giver

It’s tricky business teaching about generosity these days. Preachers of the prosperity gospel are packing their pews and selling lots of books. Theirs is a “give in order to get” message, based on a misinterpretation of verses like Luke 6:38: Give, and it will be given to you. A good measure, pressed down, shaken together […]

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Profitable Ideas: The Bible on FIRE, Spending in the Time of Covid, and More

Weekly roundup of recommended personal finance articles from around the web. Is financial independence biblical? (ArtRainer.com). The FIRE movement is growing in popularity, but has anyone stopped to consider it from a biblical perspective? Let adult children fend for themselves? That’s outdated in today’s economy. (Washington Post). I can’t say that I agree with this […]

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The Heart of Wise Money Management

There’s a popular myth that managing money effectively is about knowledge and behavior. Figure out what to do and then do it. That’s it. Simple. But there’s a crucial factor missing from that equation: The heart. Above all else, guard your heart, for everything you do flows from it. – Proverbs 4:23 Marketers understand that […]

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Profitable Ideas: Your First Bear Market Rodeo is the Hardest, Everything Compounds, and More

Weekly roundup of recommended personal finance articles from around the web. Navigating the pain of your first bear market (A Wealth of Common Sense). Words of wisdom for all investors, but especially new investors. Everything compounds (Humble Dollar). One of the most important concepts in money management, and in life. Scams are showing up at […]

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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, with SUVs and trucks leading the way. Auto industry writers, such as Jason Unrau, attributed the strong sales, in large part, to low gas […]

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Profitable Ideas: The “Overfinancialized” Life, Fuel-Efficient Routing, and More

Weekly roundup of recommended personal finance articles from around the web. The overfinancialization of everything (Young Money). Don’t go through life understanding the cost of everything but the value of nothing. Why watching decluttering videos feels so good (Wired). But how many videos will it take before we actually tackle the junk drawer? For every […]

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Profitable Ideas: A Different Way to Stop Wasting Money, Whether Christians Should Bet on Sports, and More

Weekly roundup of recommended personal finance articles from around the web. One way to stop wasting money: choose bigger goals (Becoming Minimalist). Thinking beyond our own wants and needs can help us use money more intentionally. The only equation that matters (Fortunes and Frictions). For those teaching personal finance at home. Americans have tip fatigue […]

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