DON’T EAT THE MARSHMALLOWS!
Yes, that’s our nugget of financial advice for this week.
But what do we mean by that? What do marshmallows have to do with money?
It turns out…a lot. Continue reading “Wealthy Wednesdays Financial Advice: Marshmallows & Money”
Yesterday there was a story on Yahoo, “I Had No Savings at 40 But Retired by 60,” and there were well over 5,000 comments. I love reading these stories AND the comments because you can learn a lot (and laugh a lot) when you put them together. Reading “success” stories is sort of like “Facebook Envy.” Reading about other people’s personal finance success stories (“I am debt-free!!!!!”) can leave you frustrated and burned out–just like the feeling you get when you read about your Facebook friends’ fabulous vacations, parties, homes, kids/families, careers, personal fitness, etc., etc, etc. Continue reading “Personal Finance Success Stories: Before You Feel Envy, Read Between the Lines”
The Tightwad’s Notebook: Lesson #16–Pay Off (Not Down) Your Smallest Debt First Regardless of the Interest Rate
This is really a page from Dave Ramsey’s book, but it’s so worth mentioning again…and again…and again. Pay off–not down–your SMALLEST debt FIRST. Continue reading “The Tightwad’s Notebook: Lesson #16–Pay Off (Not Down) Your Smallest Debt First Regardless of the Interest Rate”