With the level of consumer debt skyrocketing and the cost of housing, education, and health care increasing at double-digit rates, younger generations are facing unprecedented challenges to achieving economic security and financial independence. Therefore, helping our youth to learn effective money management skills, and to adopt good financial habits and attitudes, is more important than […]
Satisfaction Satisfaction describes a feeling of fulfillment or contentment. Its meaning is relative and often dependent on one’s definition of success as applied to specific areas of life. In our financial lives, “satisfaction” is as much (if not more) an emotional issue as a practical one. That is because a sense of satisfaction is highly […]
Whilst the Beatles sang “Money Can’t Buy Me Love” and that is probably true, it turns out that “Money CAN Buy Happiness”. Scientific research has concluded that it is how you spend your money that can affect your level of happiness, both positively and negatively. To help you spend your money wisely, here are six ways of doing […]
Money is not good or bad or evil. Money simply is. It’s a marker for the value that you created for someone else. It holds no power on its own. Without you it is nothing. With you it is simply an enabler. What you do with it is your choice, and it’s how you bestow whatever […]
At TEDxCambridge, Michael Norton shares fascinating research on how money can, indeed buy happiness – when you don’t spend it on yourself. Listen to surprising data on the many ways pro-social spending can benefit you, your work, and (of course) other people.
Long-Term Thinking died on Tuesday. His last true friend, Vanguard founder Jack Bogle, was at his side. He was 213 years old. Long-Term Thinking lived an illustrious life since the start of the Industrial Revolution, when for the first time, people could think about more than their next meal. But poor incentives and the rise […]
Reliability and steadiness are essential to any successful career, whether you’re a teacher, a doctor, an engineer, or a barber. That’s because these qualities are directly tied to long-term performance. You won’t achieve success over the years if you don’t stick to your principles, if you fail to learn from your mistakes, or if you regularly […]