Weather the Storms with an Emergency Fund
With the global financial crisis looming as the economic shutdown related to COVID-19 continues, I won’t go into much detail about why everyone should have an emergency account. I previously wrote about carrying emergency cash. That is not part of this emergency fund. The emergency fund I am talking...
Be Your Own Board of Directors
The concept of a marriage being likened to a board of directors came to me years before I even met my wife. When I was 21, I was voted onto the board of directors of the Fraternal Order of Eagles in Laramie, Wyoming. At the time, I was the...
The Power of Shopping with A List
My grandparents had a cool shopping list apparatus similar the one in the picture. I saw my Mom make lists when I lived at home (and she still makes lists!). When I was in college, I heard a wealthy guy give a talk about personal finances and one of...
Carry Emergency Cash to Boost Confidence
As I write this post, we are amid the Corona Virus crisis. This challenging time has brought to light the importance of managing emergencies and having emergency funds. It is times like these that test our financial durability. Carrying emergency cash is a part of the financial durability that...
The 1-Up System for Food & Money
It amazed me how people were panic buying when COVID-19 spread its way around the world. It got me wondering if that many people really have so little food at home. An alarming number of people live paycheck to paycheck. It makes sense that they might do the same...
Learn the Rules of the Game
I love playing the game of Monopoly. One of the things that make a big difference in the game is knowing the rules. It amazes me how often I am playing the game with someone and they don’t know the rules! A common rule that is not commonly known...
Let Your Money Tell A Story
Everybody loves a good story! For many people, the story that their money shares with them is like a murder mystery. The common questions are, “Who did it?” and “Where did the money go?” Well, if we have the courage to listen, our money will tell us the story...
The Benefits of Financial Adversity
Nobody likes adversity. Financial adversity can be especially tough. Unfortunately, 2020 has been a year that a lot of people have had financial adversity thrust upon them. I have found that adversity in my life has been a blessing. You may be wondering, “How the hell is adversity a...