My wife and I have been teaching a Family Relations class at church that includes a section on money management. Writing all of these posts on finances has come in handy as I have a lot of material on the topic of money.
My wife and I have been teaching a Family Relations class at church that includes a section on money management. Writing all of these posts on finances has come in handy as I have a lot of material on the topic of money.
This may seem silly but it’s true – donuts are a great way to test the law of diminishing returns. As a brief refresher from your school days, the law of diminishing returns states that at some point, each additional “unit” yields lower returns. In other words, you get less out of it than you put into it.
Timeboxing is a concept normally used in project management, especially software development. This post is about breaking down a large task into smaller tasks and giving each one a due date.
Budgeting is a very proactive activity. Budgeting is taking the time to decide in advance how you are going to spend your money and how you are not going to spend your money. A good budgeter will rarely end up in bankruptcy.
Should you open your savings account to help others? What if you knew that helping them this one time wasn’t really going to change their situation. In fact, you may even be an enabler. Would you still help?
If you have kids and are much of a Dr. Seuss fan, then you’ve probably read Dr. Seuss’s Sleep Book. We were reading it to our two little girls a few nights and I suddenly realized that Dr. Seuss was a financial guy too.
Some friends of ours who are expecting are trying to determine by how much their budget will be affected by the coming baby. The dialog reveals common fears and some simple tips.
Both spouses work for several years until junior comes along and then mom decides to stay home. Unfortunately, they’ve become accustomed to living on two incomes. So how do you adapt?
I’ll be honest. I don’t like switching bank accounts. I find it a hassle. But every now and then, I discover a reason or reasons so compelling, that the hassle doesn’t bother me.
As I prepared to write this post, I wasn’t sure of the tone that I should take since I feel that I should offer my condolences to half of you while congratulating the other half.
Young children are generally only exposed to the commercial Santa Claus story rather than the figure of a man determined to bring cheer to innocent and equally deserving children the world over.
A list of 49 expenses that should not be paid for with money from your emergency fund.