Month: May 2014

Photo Diary #2: Hunting Fungi for Fun and Profit

A technical note: morels are technically considered to be a cup fungi, a relative of the mushroom but biologically distinct. In this essay, I’m using anecdotal and folk terminology rather than strict biological and taxonomical accuracy. In the past, I made a reference to a friend who hunted for mushrooms in the forest as a …

Categories: Frugality, Photo Diary

Celebrating a Successful Completion of a Goal

When a significant goal is reached, many people often feel the desire to celebrate in some fashion. However, I’ve often noticed that the “celebration” goes quite a long way towards undoing some of the good work of reaching the goal. Believe me, I’ve fallen into that trap, finding excuses to “celebrate” everything whether it was …

Categories: Goals

Review: The Little Book of Common Sense Investing

To be honest, this is one of those rare books where the name of the author alone convinced me to pick up the title. John Bogle is the founder and retired CEO of Vanguard, and the Vanguard/Bogle investment philosophy struck such a chord with me that it was the final piece that convinced me to …

Categories: Books

101 Goals in 1001 Days

While I was working on writing the essays for Goals Week, I kept getting excited to define some of my own goals, and so I finally took the initiative and gave the “101 Goals in 1001 Days” meme a shot. About “101 Goals in 1001 Days” I first became familiar with the 101 Goals in …

Categories: Goals

The Simple Dollar Morning Roundup: Great Giveaway Response Edition

I have received over 300 entries to my giveaway of The 4-Hour Workweek. In order to make some sense of the pile of entries, I’m throwing out all entries that are outside the realm of personal productivity / personal development, then I’m only including any book that is mentioned by at least two entrants. Right …

Categories: Morning Roundup

Not Quite There Yet: How To Deal With Not Meeting Your Goals And Set Yourself Up For Success The Next Time

We’ve all done it. We’ve set a goal for ourselves and simply failed to reach it. Sometimes we don’t even get close. What happens after that? We feel like a failure. I can’t tell you the number of times I’ve failed at a diet, and I’ve chronicled my personal finance failures here in detail. It’s …

Categories: Goals

The Day After: My Immediate Actions When I Reached Financial Armageddon

Recently, a reader who found himself in a situation much like my own financial meltdown. He read about the real pain of the meltdown and the general plan I began to follow afterwards, but there’s a little gap in the middle that wasn’t really explained. How did I get out of that immediate jam? What …

Categories: Debt

Setting and Reaching Long Term Personal Finance Goals

Since we’ve covered microgoals, short term goals, and intermediate term goals, it’s appropriate to tie up this little series with a look at long term personal finance goals. What’s a long term goal? For most people, a long term financial goal usually involves a very large purchase equaling multiple years of salary (like a dream …

Categories: Goals

The Simple Dollar Morning Roundup: Locke and Ben Edition

That episode of Lost last night was just crazy. The psychological chess match between Locke and Ben is entertaining – on the surface, Ben seems to get the edge every time, but I’m now convinced that Locke is actually just playing along and learning. Anyway, how about some personal finance posts instead of Lost rants? …

Categories: Morning Roundup

Setting and Reaching Intermediate Term Personal Finance Goals

Once our house is bought and furnished, our next goal will be focusing on a pair of vehicle replacements that will occur roughly five years from now. We would truly prefer to pay cash for both vehicles if at all possible, so that means we need to start saving now to reach this goal. What’s …

Categories: Goals

April 2007 Review – Net Worth +7.6%, Debts -2.3%, Assets +2.2%

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 …

Setting and Reaching Short Term Personal Finance Goals

As I mentioned earlier this week, right now we are focused on saving for a number of short term goals, mostly related to properly outfitting our house once we move in. We currently have minimal furniture and minimal appliances as well, so we are going to have a lot of needs when we first move …

Categories: Goals

The Simple Dollar Morning Roundup: Where My Artistic Choices Come From Edition

Some people have asked recently where I come up with the pictures on the site, so here’s a primer. The “art” is all public domain stuff, having been produced far prior to 1900. Many of the other images are from public domain image repositories. A small number were images that I was permitted to use, …

Categories: Morning Roundup

Goals, Dreams, and Values: Separating the Tangible from the Fantastic

When I was just starting out my professional career, I had all sorts of crazy dreams: an amazing car, an amazing house, and so on. I believed my life was headed in such a direction that such things were an inevitability and that they would just simply come to me. I wanted them badly, but …

Categories: Goals

A Reader Runs In Place

I recently received the following email from a reader, who I will call Annie: I’ve been reading your site for a while now, and while I do enjoy much of your advice, I must admit there is one thing that really frustrates me. You talk a lot about saving and investing, but what if you’re …

Categories: Advice, Debt

Defining and Accomplishing Microgoals

A big part of my day-to-day life is defining and accomplishing microgoals. Microgoals are things that I can achieve in one week or less if I am diligent about it, and they’re quite useful in many aspects of life, including personal finance. Let me give you a pair of examples. Right now, I have two …

Categories: Goals

The Simple Dollar Morning Roundup: PBS Mormon Documentary Edition

PBS is currently airing a documentary entitled “The Mormons,” focusing on the Church of Jesus Christ of Latter-Day Saints. It’s incredibly informative and is doing a good job of reaffirming some ideas I had about the church, but completely erasing some others. I’ll be doing some serious blog searching today because I’d love to read …

Categories: Morning Roundup