Psychology of Money
To Make a Positive Change, Make it Emotional
Tuesday, August 30th, 2011
Making an important lasting change in our life can be tough. We vow to get out of debt, but old habits are hard to break and we just can’t seem to make progress. In their book, Switch, Chip and Dan Heath offer helpful insights into the challenges of change, along with practical steps for succeeding. ... [Read more]
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The Power of Clarity
Tuesday, August 23rd, 2011
Are you trying to make a positive change in your finances or some other area of your life? How clear are you about the change you’re trying to make? As Chip and Dan Heath researched Switch, their helpful book about what it takes to truly change something about our lives, they discovered three surprises. This ... [Read more]
I Want The Red One
Monday, July 18th, 2011
On a nice summer evening after dinner recently, our two-year-old was in our backyard working a blue Hula-Hoop with a level of skill far beyond her years. Her face was the very definition of joy. But then it all took a very sudden turn for the worse. Her five-year-old brother had gone into the garage ... [Read more]
Tapping Into the Odd and Powerful Force of Momentum
Wednesday, May 25th, 2011
I didn’t want to run the other day. I was dead tired. Just couldn’t sleep the night before. But I went anyway. I didn’t set any speed records; that’s for sure. In fact, I was running so slowly, it wouldn’t have surprised me if a walker passed me by. But I went. And I ran ... [Read more]
An Identity Theft Like No Other
Wednesday, April 6th, 2011
Identity theft has become a common crime, impacting an estimated 15 million people each year. As bad as the problem is, about a hundred years ago, an identity theft took place on a far grander scale. Everyone’s identity was stolen. Amazingly, this huge heist didn’t make headlines, and it didn’t prompt any calls for greater ... [Read more]
Do You Love Your Stuff?
Friday, March 25th, 2011
Have you ever started a sentence with the words, “I love …” and then completed it with a description of something instead of someone? For example, do you love your car? A favorite pair of shoes? Ben & Jerry’s Chunky Monkey ice cream? We’ve probably all told someone that we “love” something or other. However, ... [Read more]
The Power of Gratitude
Wednesday, March 2nd, 2011
Every day of our lives, we are the unwitting recipients of countless messages designed to foster discontentment. They’re very effective at making us believe we need something more. In fact, according to one study, more than 60 percent of us always have something in mind that we look forward to buying. That’s what makes the ... [Read more]
Taking Your Finances From Good to Great: Part Three
Friday, January 21st, 2011
Do you have a compelling vision of your financial future? And, to go along with that vision, do you know the truth about your current financial state? If you’re going to achieve uncommon financial success, you need both. In this third installment of my look at how the lessons from the business classic “Good to ... [Read more]
Taking Your Finances From Good to Great: Part One
Tuesday, December 14th, 2010
“Few people attain great lives, in large part because it’s just so easy to settle for a good life.” – Jim Collins, “Good to Great” On the first page in the first chapter of “Good to Great,” Jim Collins makes the intriguing statement above. While his book focuses on how some companies manage to break ... [Read more]
Is it Smarter to Pinch Pennies or Dollars?
Monday, October 25th, 2010
MSNBC recently compared the benefits of sweating the small financial stuff versus the big stuff. Their conclusion? Both ways work. Penny pinching – clipping coupons, buying store brands, etc. – helped one couple profiled in the story knock out $50,000 of non-mortgage debt and build a healthy emergency fund in less than three years. It’s ... [Read more]
