Archive for the ‘money management’ Category

The cost of carelessness – it’s the little things that kill

Friday, December 12, 2008 1:56 Comments

On September 23rd, 1999, the Mars Climate Orbiter made its final descent to the red planet.  The satellite had just finished a ten month journey, and was about to begin transmitting data.  It should have been a moment of celebration, but the probe was never heard from again.  Something had gone terribly wrong.
The problem?  Engineers failed to [...]

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This was posted under category: money management Tags: , , , ,

7 lessons from the Great Depression

Thursday, December 4, 2008 20:01 Comments

Mint.com recently published a list of 7 lessons that can be learned from the Great Depression.  While the economy isn’t as bad as it was then, there’s a lot to be learned from the past.  Here are their lessons – and my commentary.
1. Food – Grow a garden
There is a lot of money to be [...]

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This was posted under category: Uncategorized, economy, money management Tags:

Twenty Timeless Money Rules

Friday, October 24, 2008 21:34 Comments

I recently wrote about twenty mistakes that keep you from getting rich.  This week, I’ll take the opposite approach, and write about twenty rules that will make you wealthy. 
Last year, cnnmoney.com published a list of twenty financial rules that never grow old.  Each rule includes a related quote from a famous historical figure.  Here is [...]

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Six lessons I learned from being broke

Saturday, October 18, 2008 2:16 Comments

Going without teaches you to appreciate what you have, and also motivates you to improve your situation.
In a recent post on kiplinger.com, Erin Burt describes some of the other lessons she has learned from being broke.   Here’s her list and my commentary on each lesson.
1. Know your priorities
When you don’t have enough money, you quickly [...]

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This was posted under category: money management Tags: , , ,