Do You Know The Value Of A Dollar?

Ah, a dollar.

A few days ago, Jimmy Johns restaurants had lines of customers wrapped around their buildings simply because they were offering subs for only a dollar!  Parents love to give the reason of learning the value of a dollar (aka how much work is required to earn that dollar).  And fast food commercials love to boast about the cornucopia of options you can get “for just a buck” on their value menus.…

A Feeling When You First Get To Work…

I have no doubt that saving money and building assets over the last 2+ years has made work a “smoother” part of my life.  In general I don’t view it as a life sentence anymore – I’ve learned (and personally observed) that becoming at least competent at personal finance opens a lot of doors.

Doing things like reducing debt and building savings reduces the stress of having my livelihood depend upon a job (where the circumstances, expectations, functions, etc.…

Existing Below Your Means

“Live Below Your Means”.

It’s probably the most well-known and obvious piece of personal finance advice.  Spending more than you earn will lead to debt, instability, and your livelihood being dependent on a job.

Then there’s the “personal finance 180” – you slash expenses, downsize your house, get rid of your car and sell a bunch of stuff, leaving you with a lean mean new budget and lifestyle.  …

Disappointment

One word for the opposite of disappointment is happiness.

It’s so simple that there’s even a formula that can easily be photoshopped onto any inspirational picture you want.

Happiness = Expectations – Reality

When reality doesn’t meet your expectations, you’re disappointed.  Easy enough.  The idea is that by lowering your expectations (or at least being more mindful of them) that whatever reality comes your way won’t seem as shocking.…

Authenticity – What Consumers Really Want (But Can’t Afford)

I recently finished reading Authenticity – What Consumers Really Want, by James H. Gilmore and B. Joseph Pine.

The process of reading the book got me thinking about what authenticity really means and how we search for it in different ways.  If the key to happiness is living a life that is personally meaningful and true to what we really want – an authentic life – it makes perfect sense that we would so strongly seek out authenticity in every possible area of our lives.  …

Pay Down Debt vs. Invest? I’m Split!

Literally!

The general assumption in investing is that the stock market returns around 7% a year on average.  Some years are better, some worse, with some variance due to fees and investment choices.  And so it goes that if you have debts with interest rates anywhere between say 3-6% (typically a mortgage or student loans), you have a difficult choice to make.…