Sometimes life doesn’t seem fair. We acquire knowledge throughout our lifetime, but we can’t go back and improve on our younger selves. However, by reflecting on mistakes made in the past, we can stay on course in the present. … [Read more...] about 6 Things I Would Tell My Younger Self
Money Mistakes
Why I Dined Out Constantly and How I Stopped
Years ago, when I worked full-time and my husband was a graduate student, we dined out several times a week in the evenings. In addition, I would go out to lunch with co-workers at least twice a week, and I would buy food at the college cafeteria the other days. (The food wasn’t that good!). I didn’t realize until a few years after I had stopped dining out why I wanted to go … [Read more...] about Why I Dined Out Constantly and How I Stopped
How to Help a Spouse with a Shopping Addiction
Are your credit cards maxed out? Does your spouse continue to shop even though you’re deep in debt? Are there clothes with the tags still on them in your closet? Does your spouse have collections that clutter your house? If all of this sounds familiar, you may be living with a spouse with a shopping addiction. You can help a spouse with a shopping addiction, but doing so won’t … [Read more...] about How to Help a Spouse with a Shopping Addiction
Understanding Inflation
Here is a speech from the late Nobel Prize winning economist Milton Friedmann. Its an excellent explanation of the root causes of inflation, its effects on your income, and what can be done to combat it. This is important today as inflation is starting to reemerge (clicky). If you're interested in understanding personal finance, you should probably develop at least … [Read more...] about Understanding Inflation
3 Financial Mistakes DINKS Make
As DINKS, you may find yourself in a better financial position than many of your friends and family. After all, you have no children, which can be a huge money saver. The USDA estimates that “a family will spend approximately $12,980 annually per child in a middle-income ($59,200-$107,400), two-child, married-couple family.” In addition to not having children, you will also … [Read more...] about 3 Financial Mistakes DINKS Make
The Ten Most Expensive Court Cases In History
In truth, the most expensive court cases are yet to happen. We can examine the already litigated and documented expensive court cases. However, we must realize their value has already been eroded by inflation. Yesteryear’s millions are now today’s billions. Similarly, international comparisons are somewhat meaningless. The most expensive court cases for the USA easily … [Read more...] about The Ten Most Expensive Court Cases In History
What To Do In A Market Crash For Retirement Savings
Market crashes are somewhat inevitable. Hopefully, you knew this before you put any money in the market but if you didn't - no fear, we will be going over exactly what you need to do in a market crash with your retirement savings. So buckle up and make sure to take some notes! … [Read more...] about What To Do In A Market Crash For Retirement Savings
100 Important Money Questions Couples Should Answer Together Now
According to one of Russell Brand's most recent YouTube videos, the number one reason why couples break up is lack of communication. We always hear it, but communication is truly key. It is better to overcommunicate than under-communicate. That is why I am bringing you these 100 important questions to discuss with your spouse to make sure you're both on the same page. Plus, … [Read more...] about 100 Important Money Questions Couples Should Answer Together Now
Markets Crashing – Keep Your Head And Look For Opportunity
Readers, It is the season of Coronavirus and the stock markets are in deep red territory. Here is the S&P 500 index as of this morning. It's ugly. The markets are down across the board - including assets like precious metals that are supposed to be negatively correlated with stocks. … [Read more...] about Markets Crashing – Keep Your Head And Look For Opportunity
The Importance Of A Strong Financial Foundation in Relationships
Did you know the number one reason for spouses to get divorced is money? We have all hard horror stories of recent newly weds who found out one or the other had huge amounts of debt in their name. And I think we can all agree, one of the first reactions we have is "How did you not know about this sooner?". I get it. Money is a really sensitive topic for people to talk about, … [Read more...] about The Importance Of A Strong Financial Foundation in Relationships
