Category: Misc.
Investing, Misc., Smartest Things Ever Said About Money
The 10 Smartest Things Ever Said About Insurance
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Insurance is defined as “A financial risk management tool in which the insured transfers the risk of potential financial loss to the insurance company…in exchange for monetary compensation known as the premium.” Nobel Prize winner Daniel Kahneman sums up the purpose of insurance by stating that it can be thought of as “a choice between…
Misc.
Micawber’s Favorites – October 2016 Roundup
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A roundup of my favorite financial articles from October 2016: “Their Up is My Down” by Ms. Montana at Montana Money Adventures Features of the dominant culture in the United States include materialism, instant gratification, conspicuous consumption, and a mountain of debt to finance it all. Financial choices that support this culture are applauded and celebrated while wise…
Misc., Money Parables
Growing a Prosperous Money Garden
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I often refer to money as one of life’s “gardens”. – Bari Tessler Several months ago I helped plan a neighborhood garden tour. Not being a gardener myself I was left in awe by some of the gardens in our neighborhood. This left me wondering what it would take to grow a successful garden. …
Budgeting, Misc., Money Parables
Naming Financial Accounts: Would a Rose, By Any Other Name, Smell as Sweet?
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Like the pine trees lining the winding road. I’ve got a name, I’ve got a name. Like the singing bird and the croaking toad. I’ve got a name, I’ve got a name. – Jim Croce Humans have an innate desire to name and categorize things. But does what we name something really matter? No…
Misc.
To Think Is Easy – Weekly Money Quote (October 3, 2016)
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Misc.
Micawber’s Favorites – September 2016 Roundup
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A roundup of my favorite financial articles from September: “What I Learned Living in a Million Dollar Home for 3 Weeks” by The Money Wizard My daughter Savannah is studying interior design in school, so last month my wife and I accompanied her in touring some of the houses in the Salt Lake Parade of…
Misc.
Money is Opportunity – Weekly Money Quote (September 26, 2016)
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Misc.
Want to Help the Poor? Start a Business!
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So you want to help the poor? Socialism is not the answer. It’s a dead end. Socialism doesn’t create any wealth and it uses the resources it takes from others inefficiently. It sickens, and eventually kills, the productive institutions it depends on. A recent example of this is Venezuela, where the Socialist utopia promised by…
