This may sound like a stupid statement to some, but I’m sure there are plenty who emphasize as well. Sometimes I get so caught up in saving and working towards my financial goals that I feel guilty when I spend money, even when I’ve budgeted for it. This is hypocritical since I try to teach people to budget for things and then use that money to pay for them.
Mindset
Increase Your Net Worth By 7,307% In One Year? It Can Happen.
< 1 minute read
Today, I’m going to take the opportunity to brag on Amanda’s financial progress. From July 31, 2017 to July 31, 2018, she was able to increase her net worth by 7,307%. I think that’s pretty incredible.
Playing the Lottery to Get Rich
3 minute read
Last week, someone told me that they saw one of those billboards which shows how much the Powerball is worth and said that they had to stop and buy a ticket after seeing the amount they could win. Sadly, many believe that their only path to financial freedom is through winning the lottery (although the person who said this to me was not one of these people). However, they never stop to think what else they could do, that’s realistic, to set themselves up for a better future. Surely, they know the odds of the lottery are stacked against them (1 in 200-something million means you’re probably not going to win). After all, there wouldn’t be a lottery if there weren’t more losers than winners.
The Millennial Mentality
2 minute read
The other day, I saw a comment on a Facebook post by a person born into Generation X (born 1966-1976) talking about the “Millennial mentality” and how the generation demonstrates an air of entitlement and lack of respect for authority. This was only a couple of days after I read a J.D. Power report titled Millennials are Better Prepared for Retirement than Their Parents, J.D. Power Finds.
Can money buy happiness? It depends on what you do with your money.
2 minute read
XY Planning Network published an article this week titled Can Money Buy Happiness? Maybe Says Elizabeth Dunn which made me think of a couple of similar conversations that I had this week. One of those conversations was with a friend who is my age and one was with a gentleman at the gym who I talk to most days of the week and who is about my father’s age.
Did you receive a large tax refund (or owe a large amount of tax) in 2017?
2 minute read
Some people see a tax refund as “free money” or a “bonus” while the reality is that this is your money that you have essentially been lending to the IRS as an interest-free loan.
Telling Friends “No”
< 1 minute read
One of the hardest parts about being intentional with your money and trying to be financially wise is having to tell others “no”.
Personal Finance Isn’t a To Do List
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We all procrastinate sometimes – doing laundry, taking out the trash, going to the gym, handling personal finances.
Financial Relationships
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If you’re in a relationship, then I’m willing to bet that one of you is more of the “money person” and one is more of the “free-spirited person”.
Keeping up with the Joneses
< 1 minute read
Remember the commercial where the guy talks about how great his life is with his nice 4-bedroom house, his new car, and his country club membership?
