Category: Saving

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…

Investing News That’s Too Good To Be True

“The great paradox of this remarkable age is that the more complex the world around us becomes, the more simplicity we must seek in order to realize our financial goals.  Never underrate either the majesty of simplicity or its proven effectiveness as a long-term strategy for productive investing.  Simplicity, indeed, is the master key to…

Debt Elimination or Retirement Savings?: Gazelle Intensity vs. Humble Arithmetic

Gazelle Intensity Popular debt elimination evangelist Dave Ramsey teaches that, after setting aside $1,000 for emergencies, your only financial priority should be paying off all debt except your home mortgage.  Everything else, including saving for retirement, should be put on hold until your debts are paid.  Ramsey uses the term “gazelle intensity” to describe the…

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. …

Car Loans: Flip the Car Buying Process by Minimizing, Shortening, and Saving

Drive-in banks were established so most of the cars could see their real owners.  – E. Joseph Crossman, American businessman The Car Buying Process We established in an earlier post that we should avoid going in debt to purchase items that depreciate, or lose value over time.  Cars depreciate very quickly yet most of us,…

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…