Managing Cash Flow
Speaking plainly, you will never move forward financially until you learn to track your financials and make reasonable financial projections.
Financial Literacy
Sir Issac Newton’s Other Discovery
In order to explain the concept of gravity and to make the new concept more useful, Newton invented a whole new branch of mathematics called calculus.
Seven Financial Dwarfs – Are Your Kids Getting Off the Right Track?
Much like the seven deadly sins, there are seven types of financial “people” which although based on a good foundation, will cripple your child if he or she relies too much on one type of character. Like everything else, balance is the key.
We are the Choices We Make – Where am I Living?
Know that really, prices are generally correlated with how much money is available from buyers. When an opportunity comes your way, always evaluate the new salary relative to the median salary in that area.
56,000 Broken Promises
My poor decisions early in life set me up for unjustified financial risk taking later in life. It took losing everything to give me a chance to start over. I will do it right this time.
Participating as a Voter is Financially Smart
The vote is one of the easiest and one of the most treasured political acts a citizen can make. It requires a small investment in your time, yet our voter turnout is shockingly dismal. It is even lower among young people. If it is difficult to mobilize citizens to go to the polls, how can we expect to take on the more difficult work of solving the nation’s long ignored and festering problems?
Book Review: Rich Dad, Poor Dad
This book does the wonderful task of explaining such dry accounting concepts of income statements and balance sheets in a very readable and understandable format. It shows the cash flow patterns of poor people, middle class people and rich people. It also shows how from a strictly financial standpoint that it is the middle class cash flow pattern that is the absolute worst one to have.
The Myth of the Living Wage
One of the biggest secrets is that when businesses are staffed by minimum wage workers, prices are driven in large part by the minimum wage. When the minimum wage increases, prices increase in lockstep.
Who Are You Working For: Group Question
There are probably activities we do every day that we should avoid doing because they enrich others while leaving us tired and less well off. When you exchange your value (either the value of your time or your efforts) for lesser value or worse–negative value, you are allowing yourself to be taken advantage of.
Who Are You Working For?
I believe in hard work. But I try to be selective about to whom I work and I expect to be justly compensated for that work.