.If Money Could Talk - By Greg Habstritt

A Powerful Perspective You’ve Never Heard Before – "If Money Could Talk"

Most people think they know me. They don’t. I am not what most people think I am. I am not the paper in your wallet, or the coins that jingle in your purse. I am not quietly sitting in your bank account, hoping to be used one day. You cannot see me, feel me or touch me. I am an idea. I am energy.

I’m neither good nor evil. I am only what you decide that I am, and I fulfill the role that you create for me.

.The Relative Value of Money

By Kevin From Financial Panther

There’s a concept that I’ve been thinking about over the past couple of years, especially as I’ve made this transition from a full-time, professional, real job, to a quasi-fake job as a blogger and gig economy worker. It has to do with a concept you could call the relative value of money.

When I think about what that means, it’s basically the idea that money you earn from one activity might be worth more to you personally compared to the money you earn from another activity.

In fact, it might be worth so much more to you that you’ll opt to spend your days earning money in that manner even if it means you’re making less money from an objective standpoint. This concept has really come into clearer focus to me over the past few years and I think it helps explain why I’ve made a lot of the work decisions I’ve made.

.How To Never Worry About Money Again

The No-Sweat Way to Protect Yourself From Financial Disaster By laura goldstein

Building a bigger rainy-day fund may feel daunting. Start by breaking it down into manageable chunks.

That nagging feeling that a bit of bad luck—a medical emergency or a layoff—could derail your finances is widely shared. A new survey from the American Psychological Association found that 54% of people rated paying for unexpected expenses a very or somewhat significant source of stress.

And people across the income spectrum tend to be underprepared. A Pew Charitable Trusts analysis finds middle-income households typically have the equivalent of 20 days of income to tap, and even high earners have just 52 days. Building a bigger rainy-day fund may feel like a daunting task, given all your expenses and savings goals, but you can start by breaking it down into manageable chunks.

.The Ten Commandments Of Personal Finance
From The Retirement Manifesto By fritz@theretirementmanifesto.com

Is it possible that there are some basic principles upon which your personal finance journey should be built? It turns out there are. I’ll warn you in advance – you may not like some of them. Just as THE Ten Commandments guide us away from our personal nature which is sometimes tempted to do things which seem fun at the time, but lead to long term harm, these “Personal Finance Commandments” can guide you away from doing things which will bring harm to your long term financial goals.

In full transparency, I didn’t come up with the original list. That honor goes to this article from MoneyStepper, which I just read tonight. I liked the concept and the guidelines presented so much, I’ve decided to build on the original article with original thoughts of my own, including the “10 Commandments” title.

.How to Find Your Money ‘Why’

By Katherine Fusco

There are lots of reasons to spend money, some good, some bad, most compelling. Of course, this is by design. Not spending money, though… that’s a trickier thing. The reasons not to spend—or to save, if you’d like to put it more positively—are often vague, rooted in a fuzzy sense of what one should do.

When people are tired or temptations are especially aggressive (hello, holiday season!), the vague I should pay off my debt crumbles in the face of beautiful store displays or delicious scents wafting from strategically open bakery doors.

.Risk Is What You Don’t See

Jan 14, 2020 by Morgan Housel

Harry Houdini was more than an escape artist. Anything that made people gasp interested him and was something he would try. One of his famous tricks was letting big men punch him in the gut as hard as they could. Houdini – an amateur boxer before becoming a magician – said he could flex his muscles in a way that could absorb any blow. The stunt matched what people loved about his escapes: the idea that his body could conquer physics.

One day in 1926 Houdini was resting in his dressing room after a performance when a group of students from McGill came in to visit. One of the students, Jocelyn Gordon Whitehead, asked, “Is it true, Mr. Houdini, that you can resist the hardest blows struck to the abdomen?”

Without warning he then began slamming his fist into Houdini.

.5 Ways To Cash In on Your Spare Change

Jennifer Taylor Fri, April 22, 2022

You’ve been collecting spare change for quite some time now, and your piggy bank is about to bust. The time has come to empty it, but first you want to decide how to put your savings to good use.

After spending months — or even years — collecting these coins, you want to do something meaningful with the money. Here are five ideas to consider as the best use for your spare change.

.How to Make Better Financial Decisions

By Barbara O’Neill

A key financial decision people struggle to make is how to allocate savings for multiple financial goals. Do you save for several goals at the same time or fund them one-by-one in a series of steps? Basically, there are two ways to approach financial goal-setting:

Concurrently: Saving for two or more financial goals at the same time.

Sequentially: Saving for one financial goal at a time in a series of steps.

Each method has its pros and cons. Here's how to decide which method is best for you.

.Financial Gurus: Who Are They and What Can They Teach Us?

Wed, April 20, 2022, Top 10 Financial Gurus to Learn From

By Eric Whiteside Updated April 20, 2022 Reviewed By Thomas Brock

Learn more about investing by reviewing lessons from major financial advisors

History's most famous financial advisors are known for very different reasons. They include successful investors who share their knowledge with the masses, television celebrities who write books, and criminals who stole millions of dollars. Ten of the most famous financial advisors are discussed below.

.How Financial Literacy Changes Once You’re Retired

John Csiszar Wed, April 20, 2022

Financial literacy covers a wide range of topics, from budgeting and saving to investing and planning for retirement. Once you retire, however, financial literacy broadens to include scenarios that may not have been as relevant during your working life. For example, income typically drops in retirement, while expenses may remain the same or even rise, depending on the type of lifestyle you lead and the condition of your general health.

Financial Literacy Month is a great time for both seniors and those about to retire to review their planning and make sure they're prepared for the changes encountered in retirement. Here are seven topics that are important to understand if you want to avoid any financial landmines in retirement.

.5 Pieces Of Money Advice That No Longer Apply (And Updated Advice)

Tue, April 19, 2022

The world has changed A LOT in the past two years, and money advice that worked in 1978 doesn't work today. So here are five pieces of advice I think we all need to say goodbye to, and what to do instead.

1. Old School Money Tip: Always share your money with a married partner.

Common financial advice says that splitting bank accounts, investments accounts, and every day spending 50/50 with your spouse is the only way to go. The thinking is that shared accounts provide greater transparency and that once you're officially married, you stop being separate financial entities and become one. You should be working together on all financial goals and joint finances allows that.