Are You Planning Your Life Around Money?

Imagine a dark day in the future when you’re lying stiff and embalmed in a casket, your friends and family huddled around saying their tear-stained goodbyes.  What will they say about you?  How will you be remembered?
Begin With the End In Mind
Sorry for the unpleasant throughts but this is one of the exercises in Stephen [...]

Financial Confession – I’m a Bad Tipper

I think we all have financial confessions to make, little things we do with our money that aren’t so smart or that we’re not proud of.  The thing is, no one else really knows about our “dirty little secrets” so we’re not accountable to anyone to change our bad habits.
To help keep me honest I’ll [...]

Dealing with Fear of the Economic Downturn

Here is some commentary from Tony Robbins on dealing with the fear the economic dowturn and resulting financial hardships have caused.  He talks about looking for opportunities, managing your emotional reactions to turbulent times, and how the culture of the US will have to shift.

What’s Your Financial Weakness – Where’s Your Trapdoor?

How many of you have seen at least one movie that involves the security of an impenetrable fortress being compromised?
-Sean Connery breaks into Alcatraz in “The Rock”
–Will Smith flies an alien craft into the mother ship in “Independence Day”
–Saruman’s Orcs breach Helm’s Deep in the “The Two Towers”
–Luke Skywalker slides a proton torpedo down a heating vent to [...]

Smart Money Choices Don’t Always Feel Right

Do you follow your “gut instinct” when making money decisions?  Often times that’s a great policy but in some cases, going against your mental reflex is a smarter move.
College Basketball LessonThis came to mind as I watched the NCAA basketball final last night between Mephis and Kansas.   With seconds left in the game, up by [...]

Managing Your Money is Easier Said Than Done

Have you ever given anyone advice, then looked back later and seen that advice from a whole different point of view? Maybe it was good, maybe it was bad, or maybe it was part right and part wrong.
While writing about money every day I make lots of suggestions and judgments about a wide variety of [...]

Why Are Some People So Ignorant About Money?

Some people are good with money and others make downright horrible financial decisions.  What’s the difference between the two groups?  Why are some people so bad with money?
My wife was watching Suze Orman give people advice on credit card debt and home loan issues last night on Oprah and I was amazed at how clueless [...]

Seven Major Obstacles to Financial Success from the Quiet Millionaire

One of the most important steps towards building wealth is learning what NOT to do.  If you can avoid the biggest pitfalls then you have a much better chance of being successful.
As I read through the Quiet Millionaire I ran across a list of things that can be damaging to our personal finances.  I’ve given [...]

How Do You Value Your Money?

How do you decide how much money things are worth to you?  How do you decide when you’ve spent enough? 
eBay DiscountsI had an eBay customer ask recently for a discount if they bought two of the same item. I knew how much I stood to make with and without the discount and both amounts fit the [...]

Which is a Better Gamble, Playing the Lottery or Starting a Business?

Have you ever heard a co-worker complain about their job then follow it up with something about quitting once they win the lottery?  I feel bad for these people and would love to crawl into their head to read their thoughts. Do they really think they’ll win the lottery? If their life plan is based [...]

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