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Money Beliefs

I knew baby Sara was smart, but when she started teaching me personal finance concepts…
Many of the kids and money articles discuss how we can teach our children money matters, but let’s turn the table this time. Since baby Sara’s birth a week ago, she already reminded me of many principles that you and I [...]

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The honest advice is difficult to hear, but it’s almost always the most useful.
For years, I was always a little too blunt. My mom told me that my brutal honesty affected my personal and professional relationships. It is a character flaw, and one that I’m still working on. It’s not that the advice is not [...]

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Things would be different if I knew 10 years ago what I know now.
Whether it’s related to issues concerning our finances, career or even relationships, we tend to look back and wish we could do things differently. Opening a Roth IRA as soon as we got a job? Check. Not ever going into credit card [...]

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There’s an old saying that goes something like this:
Show me your friends, and I’ll show you your future.
In my experience, it’s true. We seek to fit in with those around us, and that applies every bit as much to money-related decisions as it does to other life choices.
Money-Related Peer Pressure
It’s obvious when our friends and [...]

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This Make No Sense, But It Does Make Cents.
At the heart of our financial issues are the numbers. Whether it’s investing or savings or retirement accounts, there are usually mathematical formulas that we should understand. I consider myself a logical person, and many of these principles come natural to me. However, I’m finally starting to [...]

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Even the worst possible news can lay the foundation for a positive future.
“It’s all in your head”, as someone wise once told me. There are always two sides of the coin, and always another way to look at something. Consider the following examples.

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I love rules. In fact, the more restrictive the guidelines, the better.
It’s not that I like someone telling me no. But I just love trying to find a way around restrictions. Every time someone tells me how I’m not supposed to be able to do that, I always respond with “please tell [...]

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My wife used to compliment me whenever I communicated in Mandarin. She doesn’t anymore.
Not that there’s anything wrong with that though, because I couldn’t speak it back then and I could now carry a decent conversion using the language. In a short few years, she got used to hearing me speak in Mandarin [...]

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Honey, what happens when you have TOO MUCH money? I said to Emma a few days ago. She must’ve thought that we either won the lottery or her husband went crazy, both of which required more attention. With her eyes wide open (I seriously thought it was going to pop out), she [...]

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Cashier: The ready-made chicken wings and the video game, Wii Resort, will be $70.
While lining up and watching all these people buy groceries, business supplies and other “adult-preferred” products, I found myself staring at the two items I picked out and thinking “Aren’t these things for kids?”
It got me thinking some more. Do mature [...]

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