Month: May 2014

Rich Dad, Poor Dad: Three More Lessons

Well, it had to happen sometime. After stirring up a hornet’s nest the last time I discussed Robert Kiyosaki, it somewhat became inevitable that I would review his very well known personal finance book, Rich Dad, Poor Dad. This book has been inspirational to many people, but the book seems to have produced as many …

Categories: Books and Reading

Nine Social Skills To Practice – Even For The Socially Unskilled Like Myself

This morning, I got a first hand glimpse of how good social skills make all the difference in the world. I watched an individual who looked tired and angry (but other than that was attractive) get told that the coffee machine at a local gas station was out of order, then less than five minutes …

Got A Spring Allergy? Suffering From A Late-Blooming Cold? Here’s How I Fight Them Without Spending A Lot Of Money

I’ve had a spring cold the last few days and I think it may be aggravated by allergies. Thankfully, though, I have a toolbox of frugal items that I use to battle such colds. Here’s what I use. Cleanliness. I bathe multiple times daily. It does a great job of getting my sinuses flowing and …

Categories: Frugality

The Simple Dollar on Passive Income

With the ongoing review of Rich Dad, Poor Dad and its focus on assets that generate cash flow, it seems like an appropriate time to look at passive income and ways to generate it. What is passive income? Passive income is income from a source that doesn’t require any active work to generate income, though …

Categories: Investing

Rich Dad, Poor Dad: Three Lessons

Well, it had to happen sometime. After stirring up a hornet’s nest the last time I discussed Robert Kiyosaki, it somewhat became inevitable that I would review his very well known personal finance book, Rich Dad, Poor Dad. This book has been inspirational to many people, but the book seems to have produced as many …

Categories: Books and Reading

What Being A Cubs Fan Taught Me About Personal Finance

Today is Opening Day for Major League Baseball. I’ve been a follower of baseball since I was a little kid, and few things put a smile on my face than a giant cup of Old Style and a bleacher seat at Wrigley Field. Yes, I’m a Cubs fan, even though the team hasn’t won the …

Categories: Money

Forget The Ads, Magazines Try To Sell You Stuff In The Content

Over at Dethroner, Joel is going off on some of the content of Details magazine. Here’s the offending quote in question from this Details article: Clinging to tradition is your prerogative. Go ahead and refuse to trade in your “perfectly good” 2001 Lexus; shampoo with Pert Plus even though something in a better-looking bottle might …

Five Minute Finances #19: Adjust Your Auto Insurance

Five Minute Finances is a series of tips on how you can save significant money or reorganize your financial life in just five minutes. These tips appear Monday, Wednesday, and Friday on The Simple Dollar. Many people sign up for auto insurance when they acquire a new automobile and then forget about it. They get …

Categories: Money

Ten Books That Changed My Life: A Summary

Over the last three months, I have been reviewing the ten books that changed my life. Each one shook my world view, made me reconsider who I was and the actions I put forth, and left me facing a new direction than the one I faced before. Here are all ten in one place, with …

Categories: Books and Reading

Rich Dad, Poor Dad: Overview

Well, it had to happen sometime. After stirring up a hornet’s nest the last time I discussed Robert Kiyosaki, it somewhat became inevitable that I would review his very well known personal finance book, Rich Dad, Poor Dad. This book has been inspirational to many people, but the book seems to have produced as many …

Categories: Books and Reading

Ten Books That Changed My Life #10: Your Money or Your Life

Your Money or Your Life Joe Dominguez and Vicki Robin Changed my life in April 2006 Right after my financial meltdown (if you haven’t read about the road to my financial armageddon, you should – it’s pretty interesting), I realized that I didn’t know anything at all about personal finance, so I basically went to …

A Closer Look At Money Magazine’s Retirement Benchmarks

In my recent review of the April 2007 issue of Money Magazine, several people were quite interested in my comments on the early retirement article that appeared in the magazine. In brief, here’s the part that was interesting: Assuming you want to retire at age 60 and plan to have no pension and no job …

Categories: Money, Retirement

A Very Cheap, Completely Homemade Meal Even Beginners Can Do

I really like eating pasta with meat and tomato sauce on top. I’ve discovered over time that I can literally make the entire meal at home from scratch (including the pasta!) and it only costs a dollar or two to feed the entire family. Even better, a person who prepares this for a date can …

Categories: Frugality, Meals

March 2007 Review – Net Worth +10.6%, Debts -3.4%, Assets +2.5%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

Categories: Money