Now that my son is 14 and getting ready for a driver’s permit, I’ve been thinking quite a bit about buying a car. (Yes, you read that right. In Idaho, you are eligible for a permit at 14 and a license at 15.) It’s a few years since I’ve bought a car; I tend to […]
Money Management
I’ve never been one to budget every last cent, and I’ve never been on a spending diet. Most of the time, I’m content to make sure my goals are being met each month and then I spend whatever’s left. Lately, though, I’ve noticed my old habit of just buying something because I can is creeping […]
In the business world, core values are important to shaping a company’s culture and vision. They will also dictate how the company will bring that vision to reality. But just having core values — even if they’re displayed in gold-embossed letters on the office wall — isn’t enough. Clients and customers will quickly notice if […]
Obviously, not everyone who gambles has a problem. Many people enjoy gambling as a social activity without it threatening their financial security or family relationships. I would go as far as to say that even gambling huge sums may be justified as long as their finances can justify the expense. I have a friend who […]
I recently attended a young professionals networking event with a professional development presentation on money management. This was a great presentation (as a money nerd, and someone who makes a living writing about it, I was riveted), and it brought up an important consideration: How much time do you make for your financial plan? The […]
The concept of a “sinking fund” might be as foreign to you as it was to me when I came across it a while ago. Just looking up the definition can be confusing since there are at least two uses for the term: A strategy for the repayment of a specific debt over a period […]