Do you know those charity commercials where they break down a donation amount into a daily expense? Surely you have $0.16 per day for a good cause. Why not apply the same psychology to your personal savings? … More Saving as a Daily Expense
Another thought experiment. What if I gave everything away for free? Like permanently. I don’t charge for my financial organizing services. I put my writing on the internet for free – not just as a promotional exercise but as a permanent model. … More What if I gave everything away for free?
“When I was suckling at the corporate teat, my money came with reassuring regularity. Unless it stopped completely. But now I’m self-employed, my money comes when clients decide to pay me. But what hasn’t changed are the dates when I’m supposed to pay my bills.” … More Tales from the Self Employed: Cash Flow
You might make this vow every year after the cluster-f**k that is tax time for your business. But like most New Year’s resolutions, this vow is forgotten before you implement any changes. … More Never again will I wait until the last minute to do my taxes
Your financial life has a fair amount of ‘stuff’ associated with it. Whether you know it or not, you created a ‘workflow’ to handle financial tasks. … More Describe your financial workflow
If you’ve read any of my other articles, you know I am big on tracking where your money goes. But cash is tricky. What are you spending that cash on? … More Casual Cash
Travel is often easy to cut, but lowering your dining out expenditures is deceptively complex. … More What are the biggest budget busters you’ve seen?
[Cue flashlight under the chin] I’m going to answer this question with a personal tale of woe. … More What is your worst financial horror story?
I can give you some ideas for making your goals more concrete. … More How do I decide what my financial goals are?
I’m going to answer your question with a question: How stable is your income? More stable income can get by with a smaller emergency fund. Less stable income should have a larger one. Emergency Fund Let me back up a bit and clarify what I mean by ‘emergency fund.’ This is money that you can … More How much emergency fund should I have?
