In Edinburgh, Scotland, in a section of the city known as the Royal Mile, there is a wonderfully restored medieval dwelling known as the John Knox house. The house was originally built in the late 1400s. In the mid-1500s the house was occupied by James Mossman, a well-known and wealthy goldsmith. Mossman was hired to…
Investing, Saving
Save, Invest, Repeat – Weekly Money Quote (September 5, 2016)
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•Misc.
Wealth is Like Seawater – Weekly Money Quote (August 29, 2016)
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•Misc., Saving
More vs. Enough: The Principle of Financial Finish Lines
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•“Wealth is like seawater: the more you drink, the thirstier you become.” – Arthur Schopenhauer, German philosopher John D. Rockefeller, widely considered to be the richest person in history, when asked how much more he needed to earn until he had enough famously replied, “Just a little bit more.” Author Mitch Anthony reports, “A friend…
Misc.
A Million Things More Important Than Money – Weekly Money Quote (August 15, 2016)
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•Debt, Smartest Things Ever Said About Money
The 10 Smartest Things Ever Said About Debt
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•Debt is a huge problem in the United States. A recent survey revealed that, of households carrying debt, the average amount owed was $132,000. More specific data shows that for households holding the following types of debt, the average balances were: Mortgage Debt: $171,775 Credit Cards: $15,310 Auto Loans: $27,188 Student Loans: $48,986 So to help…
Debt
Borrowing Erodes Future Income – Weekly Money Quote (August 8, 2016)
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•Money Parables, Saving
Are You a Saver or a Hoarder? A Tale of Four Seas
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•Last week here in Utah we celebrated Pioneer Day, a commemoration of Brigham Young leading the first group of Mormon pioneers into the Salt Lake Valley. On July 24, 1847, after a journey of more than 1,000 miles over the Great Plains and Rocky Mountains, the pioneer company paused on the foothills overlooking the valley. …
Saving
Actually Saving Money – Weekly Money Quote (August 1, 2016)
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•Budgeting, Smartest Things Ever Said About Money
The 10 Smartest Things Ever Said About Budgets
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•Budgeting is the foundation of successfully managing your money. It is difficult to achieve any lasting financial success, regardless of how much you make, if you don’t use some kind of budget to help you control spending. So to help you better manage your money here are the ten smartest things ever said about budgets.…