Today, we’re kicking off a topic that might seem as appealing as a pair of wool socks in a heatwave: cash flow & spreadsheets. Now, I know some of you out there just love getting all up in Excel’s business. You’re the type who gets a thrill from seeing numbers line up like well-behaved children on a field trip. And...
A good income doesn’t always lead to a good outcome. Being smart with money has little to do with your income and a lot to do with how you behave with it. Let’s meet two people who will show just how true this is… Jesse Livermore was the greatest stock trader of his time. Born in 1877, he was a...
I want to introduce you to the intuitive spender… But before I do, I want you to meet the intuitive eater (she’s the intuitive spender’s cousin.) The intuitive eater The intuitive eater is someone who’s slender and is in good shape. She’s able to maintain her physique because she eats when she’s feeling hungry and stops when she’s full. She...
Perfectionism has plagued me from eating healthy, working productively, and from having financial freedom. Take eating healthy for example: In my mid-twenties I started to gain weight. I knew I needed to diet, so I joined a weight loss program. The day before my first class I ate my “last supper” will all the forbidden foods I could think of:...
I’ve always been good at theory. But terrible at taking action. For most of my life, I’d fantasize about what I wanted to do and where I wanted to go in life, but most of the time I never followed through. I was born like that. As far back as I can remember, I always had a huge amount of...
“I’m not good with numbers.” Sound familiar? When you talk negatively about yourself — like the example of above — what are you really trying to say? Are you giving yourself an excuse — an exit out from dealing with your finances? By telling yourself that you’re not good with numbers are you really saying you’re not responsible? But what...
Your experiences shape your worldview. Your worldview shapes your narrative. Your narrative shapes your actions. —- You can’t change your past experiences. However, you can change your worldview by understanding where it comes from. Is your worldview from your culture? Something that someone said to you? Is it from your mature adult perspective or your child’s perspective? Think about these questions. ...
Being cheap is to buy single-ply toilet paper just because it’s cheaper than double ply. Being smart with money, on the other hand, is to buy double ply toilet paper on sale — even though it’s more expensive than single ply. I’m not saying that all cheap people buy single ply — I’m sure plenty of them buy double ply....
For most of my adult life, I acted like a kid with my money. Kinda like a financial version of Tom Hanks in BIG. Even though I had a beard and a receding hairline, when it came to spending, I hadn’t changed much since first grade. If I wanted it, I bought it. The only difference between the “first grade me,” and...
Accountability doesn’t always work. If you’re saying: “I’ll need you to be on top of me or it’s not going to get done.” It won’t work. That means you’re not ready. On the flip side, if you say: “I can do it all on my own — I don’t need you at all.” That won’t work either. That also means...
