How to get out of debt.
Stories are great teaching tools. One of my favorite stories related to personal finance was told by Thomas S. Monson, president of the Church of Jesus Christ of Latter Day Saints, about a visit he made to a church school on the Island of Tonga. As he peeked in one classroom he noticed that the students were paying unusually…
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…
There’s no difference between a pessimist who says, ‘Oh, it’s hopeless, so don’t bother doing anything,” and an optimist who says, “Don’t bother doing anything, it’s going to turn out fine anyway.” Either way nothing happens. -Yvon Choiuinard, rock climber, environmentalist, and founder of the outdoor clothing company Patagonia Admiral James Stockdale was the…
A cliché and a joke about money and happiness: The cliché: Money can’t buy happiness. The joke: Those who say money can’t buy happiness just don’t know the right places to shop. My son, Colton, added the perspective of an adrenaline-seeking young adult when we were discussing this topic around the dinner table recently by…
