Category Archives: Ch. 1, Financial Planning Process

Mind Games and Fuzzy Math

You are at your local mall shopping for a sweater for your dad’s birthday. Ever find yourself wishing you had a calculator? How fast can you figure out what 25% off of $52.00 is? Would you make your “decision to … Continue reading

Posted in 10 Principles of Personal Finance, Ch. 1, Financial Planning Process, Ch. 8, Home and Auto | Tagged , , , , ,

Personal Finance Tips for College Students

Classes have started.  You are technically “on your own” –- or at least on your way.  Ready for a little more advice?  This time it’s not from mom, dad, grandma or grandpa or whoever it is that certainly “knows better … Continue reading

Posted in Ch. 1, Financial Planning Process, Ch. 2, Measuring Financial Health and Making a Plan | 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 ,

Class Discussion: Mama June looks out for Honey Boo Boo

As you saw in Principle 9: Mind Games, Your Financial Personality, and Your Money, much of your approach to money is determined by your Financial Personality.  When some of us get money, it’s gone in no time – others have … Continue reading

Posted in Ch. 1, Financial Planning Process, Ch.11, Investment Basics, Ch.17, Estate Planning | Tagged , , , , , , ,

The Lifetime Cost of Pets

Teaching Tip:  If you can show the Infographic the “Lifetime Cost of Pets,” you can begin this discussion by asking which students have, or are considering, adopting a pet.  Then ask everyone in class to write down a guess as … Continue reading

Posted in 10 Principles of Personal Finance, Ch. 1, Financial Planning Process, Ch.18, Financial Life Events | Tagged , , , , , , ,

Financial Regrets – A Look at the Biggest Financial Regrets Since 2008

In Chapter 1 of Personal Finance, Turning Money into Wealth we introduce the “Ten Principles of Personal Finance”, and Principle 2 is “Nothing Happens Without a Plan.” While a plan is a necessity, wouldn’t be great if you knew ahead … Continue reading

Posted in Ch. 1, Financial Planning Process, Ch.18, Financial Life Events | Tagged ,