Today on Dave Ramsey’s radio show, he mentioned a letter Abraham Lincoln wrote to his brother-in-law in response to a request for money. The amount of $80 seems like a small amount these days, but it’s probably the equivalent of someone asking for around $10,000 or so today. Here are some excerpts of [...]
Knowing Your Parents’ Finances
Monday, 10 March 2008
I’ve been spending a lot of time lately working at Panera Bread. Despite the traffic and noise there, it’s easier to get things done there than at the house, where my office isn’t completely set up yet. If you’ve ever faced the challenge of having to work from home, I’m sure you know [...]
How Much Does Stuff Really Matter?
Thursday, 11 October 2007
I was talking to a friend at work the other day about kids and education and how much it matters for financial prosperity. He made a statement that really struck me. He said that he stresses education to his kids because he wants them to be able to go out, get a good job, make [...]
Going From Two Incomes to One
Monday, 24 September 2007
The missus and I have both always been pretty responsible financially, but when we found out we were going to have a baby we had to reconsider a few things, mainly how big of an emergency fund we were going to need and how we could allow her to stay home and care for the little [...]
Kids and Money…How Do You Teach It?
Thursday, 20 September 2007
Our first child is only two months old, and we are already discussing how we want to handle money with our child(ren). My biggest concern up until I read this article is how early is too early?
Now, however, I have an even bigger fear. I realize that my parents never taught me ANYTHING about money. [...]
Loaning Money to Friends and Family
Friday, 17 August 2007
I wish I could remember where I heard this advice, but I think it is one of the best things I’ve ever heard…
Give money to your friends, don’t loan it. If you loan money to a friend and expect it to be paid back you will probably lose either the friend or the money, and [...]
