Browse Tag: communication

6 habits that will yield big financial results

6 Small Habits That Will Yield Big Financial Results

I just finished reading The Slight Edge and wow, what a great book! I’d heard of this concept years ago from The Art of Exceptional Living by Jim Rohn.

The idea is:

Little things that seem insignificant in the doing, yet when compounded over time yield very big results… I call them simple daily disciplines. Simple productive actions, repeated consistently over time. That, in a nutshell, is the slight edge.

There are many small, positive actions you can take every day. They probably don’t look like much and in fact, they’re often super easy to do. Over time, these repeated actions will yield big results in your personal and financial life. Like with the rule of 72, the success curve is exponential.

So if it’s so easy, why doesn’t everyone do this? Because they’re also easy not to do. People underestimate their power.

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Making Money with Chores

Making Money with Chores

Today’s post comes to you from my son, J! He’s here to talk to you parents about paying your kids for chores.

Hi, I’m J. Here are some reasons why you should pay your kids for doing chores. One, you won’t have to do them yourself. Two, if your kids don’t do any chores they won’t make as much money as they could be making. If you pay them to do chores, they can earn money and learn how to manage the money. Three, if your kid doesn’t do work around the house, how will they know how to do it when they grow up? Continue Reading

An honest look at my finances; YNAB budget

An Honest Look at My Finances

Do you know how much your parents made (or make)? Or how they really spend their money? I don’t.

What about your friends? Even the close ones?

I can think of just one person whose salary I know (my signifiant other), and even then, I don’t know the details of how much he’s saving or spending in various categories or what his big picture looks like.

We tell our kids not to worry about what other people are doing, so why should we be concerned with what other people make, have or spend?

For MANY of reasons, but here are two.

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Teaching Kids to Spend - Think before you spend - stop sign

Teaching Kids to Spend: Part 5 – Think Before You Spend

Thanks for joining us for the last part of teaching kids to spend! (If you’re here for the first time, you can start with post 1.)

It occurred to me as I was sitting down to write this that perhaps I wrote these in the wrong order. Today we’re going to cover some questions to ask before you spend.

So far we’ve been talking about buying items at a cheaper price. Now I’d like to venture into the philosophical realm and ask…

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