The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko is a captivating examination of the behaviors, lifestyles and wealth building activities of well to do Americans. First printed in 1996, it debunks many misconceptions about money in America as well as presents empirical findings on how…
Tag: financial literacy
Financial Literacy as a Tool for Mental Empowerment
In this complex world, financial literacy has developed as an important set of skills that are not only for achieving economic stability but also for mental empowerment. The knowledge of complex financial management involves much more than just knowing how to save money and balance your checkbook. It encompasses a wide range of knowledge, including…
The Financial Lives of the Poets by Jess Walter
Jess Walter’s The Financial Lives of the Poets is a darkly comedic novel that captures the fears and pretensions of America today. The main character in this story is Matt Prior, a former journalist who quit his job to start a website offering financial advice via poetry that eventually failed. He faces foreclosure on his…
Mindful Money Management: Integrating Mindfulness Practices into your Financial Life
Mindfully managing money can seem difficult in our fast-paced society when short-term planning frequently takes a backseat to immediate delight. However, blending mindfulness into your financial life can result in a better-balanced and more purposeful relationship with money. Mindfulness is the art of being present to what is occurring within oneself and in the immediate…
Building Financial Resilience: How to Prepare for Economic Uncertainty
Economic uncertainty has become a constant of the dynamic world we live in today. The factors that affect our financial stability range from evolving markets, geopolitical tensions, and pandemics which makes this uncertainty not just a buzzword but an integral part of personal and professional financial planning. This blog post will discuss practical ways of…
YNAB: Your Own Financial Navigator
Managing personal finance has become a very difficult task in the era of digital finance. Among many budgeting tools available, You Need A Budget (YNAB) stands out for its unique approach and powerful features to enable users to achieve financial stability and freedom. This article explores how the YNAB app facilitates effective financial management, transforming…
Barbarians at the Gate: The Fall of RJR Nabisco by Bryan Burrough and John Helyar
Barbarians at the Gate: The Fall of RJR Nabisco is a nonfiction about one of America’s most scandalous corporate takeovers. Burrough and Helyar wrote the book in 1990 as an account of how control over RJR Nabisco, which had a reputation for selling cigarettes and snacks, was fought for aggressively with all kinds of tactics…
Mint
Managing personal finances effectively is more crucial than ever in today’s fast-paced world. The Mint app, a powerful personal finance tool developed by Intuit, has become the leading alternative for individuals aiming to control their financial lives. With numerous features designed to simplify budgeting, track expenses and optimize savings, Mint has become indispensable to millions….
Techie Thursday: Acorns
Acorns Investment Company stands out as a beacon of simplicity and accessibility in a world where personal finance and investing can appear complex and frightening. This revolutionary financial technology (FinTech) startup, founded in 2012, has changed the way individuals save and invest. The Acorns strategy is unusual in that it allows people to invest their…
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