Does Money Reduce Stress?

I don’t like money, actually, but it quiets my nerves.

~ Joe Louis

Update: This article was selected for the Best of Money Carnival #56 posted at Free Money Finance. Thank you! It was also included in the Carnival of Financial Planning #147 posted at The Skilled Investor. Thanks!

Money, or the lack of it, can cause a lot of stress. It can lead to tremendous personal or [...] Continue reading Does Money Reduce Stress?





5 Financial Toxins and Antidotes

Faced with the choice between changing one’s mind and proving that there is no need to do so, almost everyone gets busy on the proof.

~ John Kenneth Galbraith

Update: This post is featured in the Carnival of Personal Finance – Women in History Edition posted at Simply Forties. Thanks!

I mentioned at the end of my last post that I often struggle with the knowledge-action gap. I [...] Continue reading 5 Financial Toxins and Antidotes





Your Financial Hierarchy of Needs

The elevator to success is out of order. You’ll have to use the stairs.

~ Joe Girard

Update: This article made it into the editor’s top 5 picks in The Carnival of Personal Finance – Support Haiti EditionĀ @ Million Dollar Journey. Thanks Frugal Trader!

Abraham Maslow is the psychologist best known for his hierarchy of needs. He basically postulated that humans need to have more basic [...] Continue reading Your Financial Hierarchy of Needs





Gurus & Experts: Should You Listen?

Believe those who are seeking the truth. Doubt those who find it.

~ Andre Gide (1869-1951)

Yesterday we talked about the abundance of advice available, especially at this time of year. Experts and gurus are prolific sources of this “noise“. So what’s the difference? In my mind, an expert is someone with above average knowledge about something, whereas a guru is someone who is perceived by many [...] Continue reading Gurus & Experts: Should You Listen?





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