What a 500-Year-Old Saint Taught Me About Money

Here’s a mental tool for improving your relationship with money that I learned from a saint.  Money plays a major part in all our lives. Yet, no one really masters it. Even the richest among us are prone to inconceivable financial blunders. You just get a little better at it as time goes on. AContinue reading “What a 500-Year-Old Saint Taught Me About Money”

One Thing to Remember About Improving Your Financial Habits

Tired hands, young and old; tired hands to assemble each plastic piece and screw every tiny screw; tired hands to pull levers and activate conveyor belts; tired hands to pack cardboard boxes and stack containers on steel ships; tired hands to navigate the weathered steering wheel of a semi-truck; tired hands to deliver it toContinue reading “One Thing to Remember About Improving Your Financial Habits”

The Relationship Between Money and Marriage

I love scotch; she hates it. There are many things my wife and I don’t agree on, but money isn’t one of them. We are intentional spenders, buying only what mutually aligns with our needs or values. For instance, disinterested in paying for the trappings of an ostentatious wedding, we tied the knot at NewContinue reading “The Relationship Between Money and Marriage”

The Cost of Friendship

An oak tree can grow to 100 feet tall and live for more than 100 years. In a mast year, an oak tree can shed as many as 10,000 acorns, hard little squirrel delicacies raining down dozens of feet on your lawn (or head) like tiny missiles. These are things I learned only after shippingContinue reading “The Cost of Friendship”

“Follow Your Passion” Is Good Financial Advice

Here’s an interesting financial paradox: the less you obsess over wealth, the wealthier you will likely become. For example, Michael Batnick, Director of Research at Ritholtz Wealth Management, notes this wild investment fact: “Since 1916, the Dow has made new all-time highs less than 5% of all days, but it’s up 25,568% over that time.Continue reading ““Follow Your Passion” Is Good Financial Advice”

How to Stop Carrying Too Much Financial Anxiety

Your heart starts racing when a credit card rep calls about a payment you accidently missed, and then you turn on the news to see the stock market plummeting 10%, so you log into your 401(k) account in a panic as you berate yourself for not saving more and then wonder whether to sell yourContinue reading “How to Stop Carrying Too Much Financial Anxiety”

Are You Financially Resilient?

A young woman in the Land of Oz asks her way to Kansas. “If I were you,” she is unhelpfully told, “I wouldn’t start from Oz.” But if Oz is where you are, you have no choice; from there is where you start. That is how it is with many financial hardships. We must startContinue reading “Are You Financially Resilient?”

One Question to Improve Your Money Habits

Goodbye, dear reader. Scientists have announced a previously undetected asteroid is on a collision course with Earth. It will strike within minutes and wipe out all life on the planet. Take the short time you have left to first hug your loved ones. Then, since you’re a person who understands the importance of good moneyContinue reading “One Question to Improve Your Money Habits”

Four Things That Make Money Meaningful

Behind the long braids of barbed wire and tall machine-gun towers of Dachau came the unmistakable sound of laughter. A transport of prisoners from Auschwitz had just arrived, and they were joyful.  To me, this was the most affecting scene in Viktor Frankl’s book, Man’s Search for Meaning, about his physical and spiritual survival inContinue reading “Four Things That Make Money Meaningful”