Category: Misc.

The 10 Smartest Things Ever Said About Insurance

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…

Micawber’s Favorites – October 2016 Roundup

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…

Growing a Prosperous Money Garden

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. …