Behind the scenes: 3 case studies about money that will make you laugh, cry, & vomit

August 04th, 2009

I'm fortunate to hear a lot of interesting (and very personal) money stories, most of which cause me to either burst into a radiant smile or threaten immediate suicide. Today, I want to pull back the curtain to tell you about 3 people I've heard from in the last few days. A 32-year-old woman who just discovered she's been paying ...

What do you NOT care about spending money on?

July 28th, 2009

Lots of people talk about spending on things you value. But what about the things we don't care about?   This baby knows something most people don't: What he doesn't likeWhen I wrote An Ode to Jim Blomo, I talked about my friend who's honed his conscious spending and spends thousands on the things he loves: Jim has told me ...

The 10 Year Savings Strategy: Saving money after you’ve already handled the basics

July 01st, 2009

What do you do when you're already saving, investing, and automating your money? What's the next step? What to do after you've handled the basics. Use the 10 Year Savings Strategy to leave your friends in the dust. I get this question a lot. "I've already set up my automatic infrastructure and I'm investing money every month. My 401(k) ...

Is frugality about saving money or making you feel less guilty?

June 17th, 2009

In the fascinating article, "The Green Bubble: Why environmentalism keeps imploding," Nordhaus and Shellenberger cite this provocative study that has close parallels to frugality: "It's easy enough to point out the insignificance of planting a garden, buying fewer clothes, or using fluorescent bulbs...But the ecological irrelevance of these practices was beside the point. What downscalers offered was not a ...

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

Have a mortgage? Save $71,000 in interest payments

June 08th, 2009

I've been hammering on the idea of focusing on the big wins instead of worrying about $3 lattes here and there. It's far better to focus on cutting 25% off the two biggest areas of your spending than to worry about saving 5% on 50 things. Any time you make a major purchase, there is a huge amount of money ...

I’m guest writing at the New York Times this week

May 27th, 2009

Last week, I wrote about the Guest Post Strategy to get people to read your stuff. This week, I'm a guest writer at the New York Times. Here's a quote from something I wrote: "Your friends will try to convince you that target-date retirement funds aren’t as high-returning and exciting as their fancy stocks (which they probably picked using ...