There are two basic schools of thought when it comes to personal finance: spend less or earn more. Spending less sounds simple enough, but it can be a tough adjustment for anyone who’s used to a certain lifestyle or has set behavioral patterns. Not only that, but the temptation to spend is everywhere you look. If you are […]
It’s rarely a good idea to make important decisions when you’re under stress – especially if that stress is emotional in nature. Emotional distress can lead to poor financial decisions, which, in turn, can deepen your money problems. When you feel distressed, it’s common to try and ease your feelings by engaging in activities that […]
I’ve spent a lot of time lately thinking about what I want my life to look like going forward, and what I can do to restructure. I’m in the process of reconfiguring my finances, as well as putting together a good life for my son and me. One of the things that occurred to me […]
During a recent family outing for dinner (thanks to a free birthday coupon), a man approached us asking for some spare change so he can get something to eat for the night. I told him I didn’t have any change on me, but I would buy him a meal at Rubio’s since that’s where we were […]
One of the most common financial pitfalls out there is having a poor money attitude. And among the worst money attitudes is the idea that all you need is more money, and that once you have it, your financial problems will be solved. The harsh reality is that, while making more money can help your […]
I stayed home with my young children, putting my career on the back burner, for five years. Financially speaking, it was a bad move. Economists say that the stay-at-home parent who gives up a career may lose about $1 million over the years. While I didn’t lose $1 million, I have lost 5 years of […]
