Trent says The Scrooge Strategy is “short-sighted” — I respond with a challenge

Do you ever wake up in the morning, roll over, and say, "Man, I wonder what my personal finance brethren said about me as I was sleeping?" No? Hm, I guess it's just me. Anyway, stay with me today as we weave the story of toilet paper, toothpaste, a rudimentary SWOT analysis, and a $1,000 challenge together. It's really ...

20 questions that your financially unprepared friends are afraid of

Note: In many cultures, you would be considered a huge jackass for asking these questions out loud.   1. How much money do you spend each month? 2. Where does it go? 3. Where do you want it to go? 4. Are you rich? 5. What does rich mean to you? 6. Hey, how’d you pay for that iPhone? ...

The first post of 2009 — How to dominate your personal finances

This year is going to be awesome. I can tell you this for sure, because this year we're going to: Learn how to automate your money -- one of the most important parts of making sure you hit your money goals consistently Have crystal-clear answers for the most common personal-finance questions: "Should I buy or rent?" "Should I pay off ...

10 links to walk you through today’s financial crisis — and make you smarter than 99% of other people

All right, guys. I've gotten lots of emails about what's going on with the economy and bailout, so I thought I'd put together a list of the articles I've been reading over the last two weeks. I added my own commentary to them below, plus links to stuff I've written that agrees/disagrees with each of the articles. My guess: ...

My Free Insider's Kit will show you how to earn more money

My 3-minute video response: What you can do about today’s economy?

Yesterday a bunch of you left comments and sent me emails about what's going on in the economy. Here's a quick video I did to answer some of them. Check it out and see my notes below. Worst screen capture ever? 0:01 -- Intro: We're going to talk about what's happening with the economy, asking the right questions, what ...

How to plan for disasters and personal finance — with social psychology

There's a great article in last weekend's New York Times Magazine on disaster preparedness, which I want to use to highlight the social-psychological reasons for why we behave the way we do. Photo from e-strategyblog.com Read the article closely and notice the parallels between preparing for a disaster and preparing for your financial future. They are eerily similar. Statistics ...