Does a big raise ever not feel good? And have you gotten a pay cut and not feel bad? It doesn’t matter what the original salary was and how much it’s changing. Though there are no references, getting more is almost always better and receiving less than what we are used to just plain sucks. […]
The word “investment” gets tossed around a lot. Just about anything can be called an investment these days. The definition of an investment is the purchase of something with the expectation of favorable future returns. We tend to think about financial returns when we talk about investments. But, even if there isn’t a reasonable expectation […]
Are you willing to sacrifice? Last week’s money mailbox featured a long time reader who was running out of money. One of the steps seemed obvious to many outsiders who saw the situation clearly: cut that cable and save at least $50 – $100 a month. It was easy for us to make the suggestion, […]
My wife spent $0 during the month of March. Surprising, it was expected. Welcome to the first month of parenthood. No temptations, no advertisements and no access to salespeople. It was easy for her not to spend, really. She didn’t buy anything because she wasn’t thinking about money. She wasn’t worried about her kitchen because […]
When you start talking about personal finance, you can get into some arguments about where to buy things. Wal-mart, after all is hard for many stores to compete with on prices. At the same time, though, buying from Wal-mart doesn’t always help the local economy. The same holds true at big box stores and online. […]
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 […]
