Category Archives: Personal Finance

4 Common Money Mistakes to Avoid

Whether you call it wasted money, flushing money down the toilet, or lost cash, the bottom line is that even simple money mistakes can compound and quickly drain your financial aspirations. Avoiding these all-too-common money mistakes will only enhance all aspects of your life, so put away any sense of shame and start changing yourContinue Reading

Setting Financial Objectives

Paying off any level of debt can be an incredibly hard task, especially when you don’t have any real direction or focus. When you are trying to save or pay off an amount of debt there always seems to be something that comes up that halts your progress at the last minute, just as youContinue Reading

Do You Actually Know How Much Money You Spend Per Year?

As back office support for a financial planning firm sometimes I have to create cash flow projections for clients.  The projections can be as simple or as complicated as the financial planner needs/wants it to be.  Today, I had a very interesting discussion with a planner about a particular client and this is not the firstContinue Reading

Do I Think About Money Too Much? Do You? Is it Unhealthy?

I don’t think I have a good balance with thinking about and not thinking about money.  From the moment I wake up on Monday morning until the moment I mentally check out on Friday, I have money on the mind and it makes me curious if I am the only one? My Money Thought ActivitiesContinue Reading

Why Do Short Sales or Strategic Defaults Even Happen?

There seems to be a debate between whether it is ethical to strategically default on your home mortgage.  Where I personally land on the issue is probably irrelevant, but if you promise to read to the end you’ll get your answer as to what I believe.  If you walk away from your credit card debtContinue Reading

Basic Financial Terms for Children and Teens

The Wall Street Journal just published an article titled, “Three Financial Terms Kids Need to Know” by the Yoder et. al., and while I usually love the personal finance section of the WSJ this article was simply ridiculous.  The article provides a series of obviously and painfully fake interactions between the Yoder Pops and YoderContinue Reading