The psychology of buying high and selling low

December 23rd, 2011

It's easy to sit around and lecture people to cut back on spending, pay off debt, and get control of their finances. That's what so many financial advisers and writers do -- yet they never stop to ask themselves why so few of their readers actually follow through. So today, I want to introduce you to Carl Richards, one of ...

Why’s it so hard for us to make the right long-term moves?

November 08th, 2011

I have a pretty big backyard in my San Francisco apartment, so I recently threw a party. I ended up having a bunch of leftover food, including a huge watermelon. I love watermelon, so I left it sitting in a plastic bag in the corner of my kitchen, where it sat... ...and sat...and sat. I just never got around ...

Psychology corner: Why you eat too much

August 22nd, 2011

Not long ago, I came across what may be the single best interview on behavorial change ever given. This interview is PACKED with insights on what actually motivates our behaviors (as opposed to the incorrect, surface-level reasons we think are behind it). For example, many people believe they are in control of their own behaviors. Ironically, these people are persuaded ...

How do I stop being so damn lazy?

July 10th, 2011

Perhaps our generation’s greatest failing is how lazy we are. How many of my readers have sent me emails talking about how they want to change... how they want to improve their finances, earn more, or get healthier...or even READ my book (which is sitting under their bed)... but they simply can’t find the motivation to do ...

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

I could give you 100 ways to earn more and it still wouldn’t matter

July 05th, 2011

All right...I want to proceed delicately with this one. I was fascinated by an article I saw recently on MoneySavingMom.com. The piece featured a struggling reader asking for ways to earn an extra $1,000 per month. This person was already frugal (eats at home, economizes on utilities, only buys on sale, etc.) but still needed ways to ...

Cost vs. value: the $71,000 conference that’s a bargain

June 29th, 2011

The vast majority of Americans are fixated on cost, not value. They complain about how much something costs, rather than understanding what value it could provide -- whether financially, emotionally, or otherwise. I’ve written about this before in my post on why I bought a new car, a decision commonly dismissed without any research or perspective. In that post, ...