Category: Budgeting

The Key to Keeping Financial Resolutions (Or Why My Finances Are in Better Shape than My Body)

Surveys show that the most common New Year’s resolutions are physical and financial.  I have certainly made my share of both of these types of resolutions over the years but I have had a lot more success in keeping my financial resolutions than my physical ones.  Why is that?  Is it just my personality or…

My Earlier Post “The Power of Thrift: A Penny Saved is…” Is Currently Running on Rockstar Finance

Another of my posts has been selected to run on Rockstarfinance.com, a website that promotes itself as “A Collection of Awesome Money Articles.”  It is my post originally published on January 28, 2014 titled “The Power of Thrift: A Penny Saved Is…” If you haven’t had the chance to read it yet, take a look. …

The Power of Thrift: A Penny Saved Is…

Benjamin Franklin famously said, “A penny saved is a penny earned.” The witty poet Ogden Nash quipped “A penny saved is – impossible.” The financial writer Andrew Tobias, in his great book The Only Investment Guide You’ll Ever Need, points out that Franklin’s quote needs updating.  The updated version, according to Tobias, should read, “A penny saved is…

My “Big Hat, No Cattle” Post was Selected to Appear on “Rock Star Finance”

My post “Do You Want Financial Security or the Appearance of Wealth,” originally published on December 30, 2013, was selected to appear on rockstarfinance.com, a site that describes itself as “A Collection of Awesome Money Articles.”  In this post I introduce the old cowboy saying “Big hat, no cattle” and talk about how it relates to personal finance.  If you…

Do You Want Financial Security or the Appearance of Wealth?

An expensive car or home does not make one wealthy.  In fact, the inverse is more likely true.  –Richard Paul Evans, best-selling author. Some pretend to be rich, yet have nothing; others pretend to be poor, yet have great wealth.  Proverbs 13:7 Some Old-Fashioned Cowboy Wisdom Big hat, no cattle is an old cowboy saying,…

Thanksgiving Thoughts on Gratitude and What it Means to Have “Enough”

This Thanksgiving season I have been reflecting on our constant quest for “more,” on what it means to have “enough,” and on gratitude.   So this week I am going to depart from offering practical advice on money management and instead turn philosophical.  We Want More, We Want More! Many of you have seen the popular…

Is Spock or Homer Simpson in Charge of Your Financial Plan?

We are what we repeatedly do.  Excellence, then, is not an act, but a habit. – Aristotle, ancient Greek Philosopher – If we consistently make good choices it will lead to good habits.  I recently read two books that examine some of the factors that influence our choices and behaviors.  An understanding of these factors…