I never really learned to appreciate summer as an adult until I became a mother. But now that I have two kids – and especially now that they’re ages 5 and 7 – the magic of summer is once again fresh in my mind. As a child, summer breaks felt as if they went on… Read More Why I’m Saying No to Travel Sports for My Seven-Year-Old
This morning, I happily talked about how Vanguard had changed their fee structure, which basically eliminated fees for me. Prior to this fee change, I was using a slightly unorthodox balancing strategy to avoid fees – although I love Vanguard funds and their investment philosophy, I didn’t like their fees. Now that the fees are… Read More A New Rebalancing Strategy: A Change in Vanguard and a Clear Definition of the Goal
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. First investments 2. Credit question 3. Yoga teacher training 4. Credit counseling agencies 5. Taxes and inflation 6. Amazon and library synergy 7. Student loan repayment… Read More Reader Mailbag: Audio
How would you like to earn a little money while also making the world a better place? That’s the premise behind socially responsible investing, a relatively new movement that aims to change investing from a purely profit-driven endeavor to one that incorporates your personal values as well. It’s a cool idea. But does it work?… Read More Can Socially Responsible Investing Add Meaning to Your Money?
In the past, I reviewed Dave Ramsey’s The Total Money Makeover and, surprisingly to me, I quite liked it. It laid out a simple, straightforward plan for getting people on a reasonably strong financial path, and it’s wonderfully constructed to give the person following the plan a lot of psychological reward for following through. To… Read More Review: Financial Peace Revisited
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. Alternative payment options 2. Worried about spoiling child 3. Stop gap job? 4. Credit limit increases 5. Rolling over old 401(k)s 6. Maintaining old professional connections… Read More Reader Mailbag: Babysitting Service
A few weeks ago, I made an offhand mention in a reader mailbag about the wonderful book Grit: The Power of Passion and Perseverance by Angela Duckworth. Duckworth defines grit in very simple terms – it’s simply perseverance and passion for long-term goals. Since long-term goals are a huge part of personal finance success, there’s… Read More Personal Finance and Grit
I recently had a conversation with an old friend of mine about frugality and the choices that people make, and he made an off hand remark that he thought the money that people spent on their hair was ridiculous. I asked him what he spent on his and he said, “$10 a year at most.”… Read More A Friend Of Mine Spends Less Than $10 A Year On His Hair. Here’s How.
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. Puzzling through hourly pay rate 2. Career path concerns 3. Working with children 4. Speed reading 5. Getting less sleep 6. Netbook or tablet? 7. Risk… Read More Reader Mailbag: Back Pain Blues
In the olden days—meaning, before the very late ‘90s — people without perfect vision had two basic choices for dealing with their sight problems: eyeglasses or contact lenses. Both came with benefits and drawbacks, but neither solved the essential problem, allowing the four-eyed among us to function without corrective lenses. Then, Lasik was approved in… Read More How Much Does Lasik Cost?