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Personal finance mastery with a pinch of motivation.

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Entries Tagged as 'Money'

I Am 37

September 20th, 2008 · 2 Comments

Today I turn 37.  Here’s what I have learned so far.

After God, my family is the most important thing in my world.  Subtract your money, house, career, health and “stuff” and tell me what you have left.  I still have everything I need when you take those five things away.  Actually, not much changes for [...]

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Tags: Money

A historical perspective on financial disasters

September 16th, 2008 · No Comments

Sometimes the U.S. financial markets give the appearance of complete and utter disaster.  Of course, the media has accurately predicted 27 of the last two recessions. :)  As with all media, the bigger the story the more viewers watching that story.  Over the last decade or two the media began to report only major index [...]

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Tags: Money

Six Figure Salary And Still Broke

July 21st, 2008 · No Comments

Recently I had lunch with a friend who makes six figures per year.  Here in the Midwest that is a fabulous salary.  He has a comfortable desk job that is inside a nice, air-conditioned building.   He and his wife drive new cars and he has an in-ground swimming pool.  He must love [...]

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Tags: Banking · Budgeting · Business · Credit Cards · Money

Celebrities Are Not Financial Role Models

June 5th, 2008 · No Comments

Recently the media has been covering the defaulted home loan on Ed McMahon’s Beverly Hills mansion worth approximately $4.8 million. Now, before I comment on Ed’s finances here are some of the most popular highlights of his life:

He was Johnny Carson’s announcer for 30 years (1962-92) on The Tonight Show
He was host [...]

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Tags: Money

Debt Consolidation Is A Terrible Idea

May 30th, 2008 · No Comments

So you’ve gotten yourself into a jam. This credit card was to cover that unexpected car repair. That credit card was to pay for Christmas. Oh and this credit card….well you’ve had a balance on it for eons so it doesn’t count. Now, you see (or hear) a commercial for that [...]

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Tags: Credit Cards · Money