Understanding Investing for the Beginner: Part 1

  When it comes to making money, I have made many, many mistakes. Unfortunately, I didn’t have anyone to teach me. Fortunately, I didn’t give up. I’ve learned a lot. For those of you interested, I hope to save you some of my pain and accelerate the process, so you can earn enough money to […]

How a Regular Savings Habit Made T. Johnson $70 million

  The story of Theodore Johnson has become the stuff of legend. How a man who never made more than $14,000 per year came to be worth $70 million dollars naturally got a lot of peoples attention. He did it simply by saving. He treated his saving as an obligation just like paying taxes or […]

Money and Minimalism: An Old Friend Dies

An old friend died yesterday. Massive heart attack. Aged 60. I can only imagine what that must be like, your last precious moments alive spent in pain, desperation and panic. And if we linger, do we spend those extra moments regretting choices we’ve made that brought us to this moment. But it’s too late. Over […]

8 Steps to Free Yourself From the Money Mindset

  The “Hunt and Gather” instinct is alive and raging in most cultures around the world. In the developed nations this manifests itself in the pursuit of cold, hard cash. Unfortunately, as I’m known to say frequently, this is an instinct out of control, and no longer useful to the well being of the human […]

Getting Rich is Actually Easy

  Yes, I said it. And it’s true. Getting Rich is easy. It’s really just a matter of priorities. Plus some simple math. Someone once said that Stephen Coveys “7 Habits of Highly Effective People” was common sense that we needed to be reminded of. The same could be said about the simple concept of […]

Minimalism and Assigning Social Value to Our Possessions

  There is a value that we often assign to the material items we own that goes beyond the financial. Why do people own a Rolex when an inexpensive Timex will provide you with the same information. When almost every electronic device we own has a clock built in? All objects carry two attributes; form […]

The Minimalist and The $400 Toaster

I once bought a toaster for nearly $400. When I told people, they thought I had lost it. Doolally. This purchase, and others like it, were based on this premise: Given the choice between two items which will serve the same function, if one is twice the price, but will last 4 times as long, […]

Money: Escaping the Chains That Bind You

Money is important. Money is useful. Money is a tool. Money is paper and metal. Happiness is more important than money. Happiness is more useful than money. Once you have enough money to provide you with food, shelter, and security, money becomes less important. Nearly the entire 7 billion people on this planet spend their […]

Instant Gratification and The Danger of Fast Money

A Fool and Their Money are Soon Parted I once knew someone who came into significant money while quite young. I believe it destroyed his life. The world of lottery winners is replete with tales of lives turned into chaos, ruined by receiving the tool without the training. It is like giving a Lamborghini to […]

How Minimalism Can Make You Rich

Years ago I remember reading Robert T. Kiyosaki’s book, “The Cash Flow Quandrant”. It was a useful and interesting book. My takeaway was simple and, I believe, fundamental concept core to the book’s message. Most people take their income and spend it almost entirely on expenses. That is, they spend it on things that have […]