The Money Habits You Develop in Your 20s Will Help OR Hurt You For the Rest of Your Life

Have you ever heard the saying as the twig is bent, so grows the tree? That’s kind of how it is when it comes to money and finances. The money habits you develope in your 20s will help or hurt you for the rest of your life. What’s more, you have a very large degree of control over how it […]

Can Shopping Really Help You Alleviate Sadness?

We hear a lot about “retail therapy,” and how shopping can help you alleviate feelings of sadness and even stress. But does retail therapy really work? A recent study from the University of Michigan indicates that retail therapy may be a real thing – and looks at why retail therapy is effective. Reducing Sadness with […]

How to Cure Your Shopping Addiction

Shopping is one of those activities that feels really good until it’s over and you realize how much money you’ve spent. It’s even worse if you use credit cards to pay for your spending. The arrival of one or more credit card bills the following month chronicling your excesses can be a painful awakening. Of […]

Get a Head Start on the New You

Every year we make New Year’s resolutions with great intentions and on January 1st we try and stop our old habits cold turkey.  Why do we start trying to make major life changes smack dab in the middle of the busiest time of the year? I don’t know about you but I always have a lot […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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