It’s funny how sometimes life can give small clues as to how you should be handling your finances. For example, a few years ago, a minor snow skiing accident revealed my lack of diversity regarding investing. You’re probably scratching your head, wondering what I’m talking about. Let me set the scene for you. After getting […]
Credit cards are like a power saw. Use them right and you can easily do things with much less effort than without. Use them wrong and you can (figuratively, for cards) cut off your fingers (ouch!!!). Here are the best and worst ways to use your credit cards, and how in some situations, one of […]
Not one of these books is remotely in the ‘get rich quick’ category, but if you’re aiming to slowly but surely overhaul your finances and provide long-term financial security and freedom for yourself and your family, I suggest you put these on your reading list. The Millionaire Next Door by Thomas J Stanley It will come […]
I’ve written before about whether going to college is worth the debt that you’ll inevitably take on in order to graduate. The conclusion was that it at least partially depends on the type of degree you get, as that dictates your future salary. So which college degrees lead to financial success? Which majors earn the […]
Setting a financial goal can be simple. You just decide what the goal is and when you want to achieve it by. Done. Goal set. Unfortunately, you’ve only decided what you want to do. Not why or how. Unsurprisingly, your chances of reaching that goal aren’t great at this point. To increase your chances of […]
So much personal finance advice revolves around saving rather than spending money or spending sensibly and mindfully. It’s mostly good advice but all of us have to spend, and some of us just love to spend. Given that, it makes sense to save money every time you spend money, and there are a few very […]
I was recently researching the Japanese concept of Kaizen for an article when I came across another Japanese word I was unfamiliar with: Kakeibo. I dug a little deeper, and ended up in possession of the first-ever English translation of the Japanese ‘household budgeting book’, Kakeibo, by Fumiko Chiba. What is Kakeibo? The kakeibo was originally […]
Many of us have faced tough times recently, and some of us have realized that we’re not as well prepared for financial uncertainty as we thought. As we all try and get back on track financially, here are some goals to work towards over the next six months. (Re)Build an Emergency Fund Fairly recently, I […]
It’s inevitable. In every life a little rain must fall. I’m not talking about floods or a Noah’s ark-type deluge, but more like the kind of unexpected shower that really messes up your day. The kind that comes with an equally unexpected price tag. Like when your car makes a “funny” noise that ends up […]