Monthly Archives: April 2013

Living Beyond Your Means?

There’s no question about it, it’s easier to spend than it is to save.  Saving isn’t a natural event – it must be planned.  Let’s face it, many people don’t save, and on top of that they spend more than … Continue reading

Posted in Ch. 2, Measuring Financial Health and Making a Plan, Ch.18, Financial Life Events | Tagged , , ,

Understanding Why You Invest as You Do – A Look at Your Financial Personality

Use your brain, don’t act emotionally – that’s generally the advice given to individuals when they invest.  Unfortunately, it’s impossible to take your financial personality and your emotions out of investment decisions.  In Chapter 1 of Personal Finance, Turning Money … Continue reading

Posted in 10 Principles of Personal Finance, Ch. 1, Financial Planning Process | Tagged , , ,

The Money Code and Your Financial Personality

In Chapter 1 of Personal Finance, Turning Money into Wealth, we introduce Principle 9: Mind Games, Your Financial Personality, and Your Money.  That principle points out how behavioral biases can lead to big financial mistakes. In effect, your mind can … Continue reading

Posted in 10 Principles of Personal Finance, Ch. 1, Financial Planning Process | Tagged ,