Financial Procrastination
November 1, 2006
401k Overachiever I contribute the maximum amount to my 401k each year. Earlier this year I updated my withholding percentage to 25% of each paycheck. The plan was to contribute the maximum as quickly as possible. Once I had hit the cap on annual 401k contributions, I’d use the money for other investments outside of […]
Making a Difference
October 30, 2006
Hello Hong Kong Based on the information from sitemeter.com, I have my first piece of circumstantial evidence of making a difference in someone’s financial journey. A search on Yahoo Hong Kong led a reader from Hong Kong to MoneySmartLife.com. They read the post “Achieve Financial Independence Week” sponsored by American Century Investments and left the […]
Financial Checkup – Influence
October 29, 2006
Principle 3 – Influence What is the number one determinate of someone’s attitude towards their health? The family and environment they were raised in. Think about some of the common bad habits that people pick up from their family such as smoking, unhealthy eating, or lack of exercise. The influence of our environment also determines […]
The Biggest Saver
October 26, 2006
The Biggest Loser I caught the end of a reality TV show tonight called “The Biggest Loser”. People on the show learn to change their lifestyle in order to lose weight and regain good health. With a simple plan of diet and exercise, they change their lives. The person that loses the most weight, wins […]
Financial Checkup – Motivation
October 24, 2006
Principle 2 – Motivation This principle actually helps determine our application of the Behavior principle. We need something to motivate us to change our behavior. Often, the reason we do the little things in life is to help achieve the big things. We need motivation to get up and exercise every day or to avoid […]
Achieve Financial Independence Week
October 18, 2006
Financial Awareness Stowers Innovations and American Century Investments have teamed up for the 2nd straight year to promote “Achieve Financial Independence Week” during the 3rd week of October. According to the website, www.afiweek.com, the goal is to “help raise Americans’ awareness of their own spending and saving habits, and provide people of all ages with […]
Financial Checkup – Behavior
October 16, 2006
Principle 1 – Behavior Managing our behavior is the first step to good financial and physical health. My dad is a family practice doctor. He can offer preventative counseling, diagnose his patient’s problems, give them tools and steps to improve their health, and monitor them with regular checkups. Despite all of the help he provides, […]
Why We Want You to be Rich
October 11, 2006
Financial Mindset Donald Trump and Robert Kiyosaki teamed up to create a book (Why We Want You to be Rich: Two Men – One Message) that looks at people’s different perceptions and approaches to wealth. This book was just released so I haven’t had a chance to read it yet. From what I gather it […]
Middle Class Finances
October 10, 2006
The American Dream? The Center for American Progress recently released a report entitled “Middle Class in Turmoil” that covers the financial troubles faced by the middle class in America. I was reading this report and others on their site and came across some depressing information that many of us are well aware of. While health […]
Making Yourself Rich
September 28, 2006
What is Rich? To some people, being rich is a dollar amount in a bank. To others being rich is about having security, not having to worry. Accumulating possessions and property equates to being rich for some. Others feel being rich is all about the lifestyle you lead. In my opinion, how you live your […]
