Month: May 2014

How I Switched to Long Term Thinking

Over the past five or six years since my financial turnaround started, the single most significant change that has happened to how I view the world is a switch to what I call “long term thinking.” Simply put, I evaluate most of my life choices primarily through a long-term lens. In other words, when I …

Categories: Getting Started

Ten Pieces of Inspiration #53

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Me and Grandma Over the holidays, I was going through some old photographs and I came across this one of me and my great grandmother, taken a few days …

2012 Resolution #4 – Create a Lasting Item for My Children and My Wife

For the rest of this week, I’m going to discuss the goals I’m setting for 2012 and the plans I have for achieving them. When I think back to some of the people in my life that have passed away that I greatly miss, one of the things that really bothers me is that I …

Judging by the Extremes

A couple days ago, I watched a program on TLC called Extreme Cheapskates, which featured people doing things like using reusable toilet paper and cooking goat’s heads in order to save money. It was pretty obvious after just a few minutes of watching that the point of the show was to make frugality look ridiculous …

2012 Resolution #3 – Perform 200 Hours of Community Service

For the rest of this week, I’m going to discuss the goals I’m setting for 2012 and the plans I have for achieving them. Every single time I engage in some form of community service, I feel extremely happy about what I’ve done. I feel like I’ve caused some sort of positive change in my …

Reader Mailbag: A Day for Gaming

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Conflicting messages on spending money 2. Career options in conflict 3. Extreme cutbacks 4. Sports salaries 5. Confusing tax code 6. Saving on a fixed income …

Categories: Books and Reading

2012 Resolution #2: Finish a Novel and Write Another One

For the rest of this week, I’m going to discuss the goals I’m setting for 2012 and the plans I have for achieving them. A few weeks ago, I mentioned that I had made some changes to how The Simple Dollar is managed in an effort to free up time for other writing projects that …

The Simple Dollar Weekly Roundup: Resolutions Edition

Over the last few weeks, I spent a lot of time thinking about resolutions. During that process, I did a lot of digging for articles on resolutions and goals from people whose thoughts I greatly value. Here are some of the useful articles I found in that search. Solving problems Leaning away from problems rarely …

Categories: Books and Reading

2012 Resolution #1: Get Fit the Right Way

For the rest of this week, I’m going to discuss the goals I’m setting for 2012 and the plans I have for achieving them. A few months ago, when I was feeling particularly frustrated about the failings of my fitness goals, I scheduled an appointment with a personal trainer. I really do not like the …

The Motivation to Improve One’s Situation

One of the most common issues that I get asked about is how someone can convince someone else that they care about to care more about their finances and life situation. My answer to them, for the most part, is that they can’t make someone care about something they don’t care about. You can convince …

Categories: Getting Started

Reviewing My 2011 Resolutions

At the end of each year, I try to set a few goals for the coming year, with varying degrees of success. Let’s look at the three goals I set for 2011 and see if there are any lessons learned that I can apply to my goals for the coming year. Get Fit My biggest …

Reader Mailbag: Post-Christmas Thoughts

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Adding another credit card user 2. Re-selling debt 3. Figuring out life insurance 4. What makes people negative? 5. Babies and emergency funds 6. Paying for …

Categories: Books and Reading

Merry Christmas!

Merry Christmas from my family to yours. Whether you’re celebrating Christmas today, celebrating another winter holiday with your family, or find this simply to be another day on your calendar, the best of wishes to you. Regular updating will resume tomorrow. In the meantime, I’d like to again share with you a poem that I …

Dealing with Holiday Leftovers

If your family holidays are anything like mine, you’re left with piles of remnants: torn-up wrapping paper, empty boxes, and extra food litter the house. It might be tempting to throw it all away, but there’s a lot of value in those leftover items. Here are some of the things I’ve done with leftover Christmas …

Ten Pieces of Inspiration #52

Each week, I highlight ten things each week that inspired me to greater financial, personal, and professional success. Hopefully, they will inspire you as well. 1. Little brown packages tied up with string… … these are a few of my favorite things. I absolutely love presents wrapped in brown paper and decorated in a handmade …

How to Find Good Stuff at Goodwill (and Other Secondhand Stores)

I’ve mentioned quite often that I tend to shop at Goodwill/consignment shops/secondhand stores for various items. Whenever I mention this, I tend to get a bunch of responses along the lines of this message from Tessa: How do you find anything good at Goodwill? Whenever I go into one, all I find is a lot …

A Moment of Serendipity

Lately, there have been lots of stories of people blessed with opportunity using that newfound wealth to help others. A Minnesota farmer gave most of his estate to his hometown, totaling about $3 million. A person in Ohio paid off $8,800 in WalMart layway accounts anonymously. Another “Secret Santa” in North Carolina made a similar …

Categories: Getting Started

FedEx Delivery and Your Career

If you’ve been watching the news the past few days, you’ve probably seen the infamous video of the FedEx deliveryman who just tosses a computer monitor delivery over a fence. Here’s the video if you haven’t seen it: As I write this, FedEx has said that they’ve merely “disciplined” the driver, but I wouldn’t be …

Categories: Careers

Reader Mailbag: Lack of Snow

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Credit card limits 2. Pest control option 3. Returning to work 4. Watching football without television 5. Hint of identity theft 6. Daytime heating and cooling …

Categories: Books and Reading