When we think of addictions, few of us think of money as a habit-forming substance. However, it is completely possible to become addicted to money. And it’s not just about becoming addicted to spending money. “Like with other resources that have mixed uses – for example, food and sex – money is a resource that […]
Here’s how to have yourself a minimalist little Christmas.
Poor people try to find the best deal. Rich people have better things to do. At least as far as small purchases are concerned. Think about it. Many poor and middle-class people do anything they can to save a buck. They clip coupons, drive across town to get $5 off, wake up incredibly early for […]
One of the great satisfactions of achieving financial success is the knowledge that you can provide opportunities to your children that you never had. But leaving them a large fortune can be a double-edged sword. It’s a cliché that the children of self-made men and women have no respect for the value of the dollar, […]
I wrote about how contentment is the ultimate financial principle that everyone should have earlier in the year. Being content with your situation, the stuff you already own, and the career you already have are amazing skills to practice but do not confuse contentment with complacency. Being content with what you have doesn’t mean you […]
My wife and I racked up over $109,000 of credit card debt during the first thirteen years of marriage. I place much of the blame for that on myself, as I hid the totality of our debt from her. After she had gone to bed, I spent nights applying for credit cards with low promotional […]
