Let me ask you a question. Have you ever sat back and thought about how your mindset about money might be affecting the financial position that you're in, or even the life position that you're in? Most mass media blogs only seem to talk about "saving money" "cutting back" "reducing costs" etc. Why? Because it's easy to optimize what you already have, and it's incredibly easy for them to write about this. Optimization is an important part of your personal finances, but cutting … [Read more...]
Good or Bad? How Our Parents Have Influenced Our Financial Habits
Many people blame their parents for facing financial failures or drawbacks. Did your dad’s nose bar you from getting a prom date? And, what about your mom’s hips that absorb every piece of chocolate that you have? Well, the shape of your wallet could also be impacted by your parents, but these traits come from your upbringing, not through genetics. My attitude about money, whether I spend, save, find a financial balance or even the amount of money that I earn, is most often determined by … [Read more...]
Personal Finance Lesson: An Easy Way to Save $1000s, Take More Vacations, and Have Way Less Junk
So this post probably isn't going to help you save up a big drug dealer style roll of $100s like the image might indicate, but I can promise you that if you try out the simple personal finance training in this post you will experience a very positive gain in your disposable income, which in turn you can spend, save, donate, or do whatever you want with it. For some reason nearly everyone I know is in the following situation. They don't have as much money as they'd like to. They don't have … [Read more...]