Information today in the information age is readily available. The problem lies in the credibility and verifiable nature of the information you have at your fingertips and which is being presented to you without you having to go searching for it. “It’s on the news, it must be true…” Continue reading “Why Wealth is Elusive”→
Although it’s my birthday today, I’m building a business and working on marketing that will attract new clients, so I don’t see that I’ll be taking much time to “celebrate”. I meet with friends regularly, and even had coffee with a friend planned this morning, but that got moved. In my opinion, true friendships aren’t like batteries, they don’t lose their value because you haven’t charged them recently. At least they shouldn’t be like batteries. If I liked and respected you last year, I don’t see a reason that I wouldn’t like and respect you this year, or next decade; despite us not finding time in our busy lives for one another. Continue reading “Time will tell… But don’t wait that long!”→
I first introduced this idea back when I saw someone whose work I admire, Dave Ramsey, tout some rather uninformed financial advice on “buy term insurance and invest the rest” to his huddled masses. This time I take a look at a long list of shallow financial advice published for the sole purpose of “looking useful”, rather than being effective. On the surface the suggestions might sound good to the casual reader, but without discussing related information and situations, can be misleading and financially riddled with hazard. So, let’s dispel some poor financial advice. Continue reading “Thick as a Brick Award – June 2018”→
When you keep a budget, you should know where your money is, where it went, what it’s being used for, and how much you have reserved for your personal use. The reason that many people don’t have money is that they don’t plan to have money. Really, that’s not a flippant statement. People who have money have made a plan to have money; meaning they’ve made a decision and a plan to not spend everything they make. Continue reading “Guilt-Free Spending (part 2)”→
‘Why do I feel guilty spending my own money?’ is a question that many people struggle with.
The seeds of this article stem from that question I saw posted in an online forum that I really had the desire to address. When I tried to access the answer page to submit an answer, the user had retracted their question, likely thinking that it wasn’t a valid concern. I thought it was a very valid concern and I had thought, “I know exactly why she feels guilty” and wanted to help. So, since I didn’t get to answer the girl’s question, I’ll address it here and hope that she and others who have that same very common concern find it someday. Continue reading “Guilt-Free Spending (part 1)”→
Empowered to do what you’d like to do and to be who you’d like to be. All too often these days people, organizations, and ‘authorities’ are making all too many decisions ‘for your own good’. If you’d like to retain or recover more of the ability to make your decisions based on your own values, you might want to ‘empower yourself’. And you don’t need anyone’s permission to do it. Continue reading “The Game You Write Your Own Rules For…”→
USAA recently pulled its advertising from the Sean Hannity show on FOX’s news network due to the political content and thousands of clients are dropping their accounts!
While it’s a good thing to recognize market extortion when you see it, and even more impressive to take a stand and react to it actively, many people make decisions like this emotionally without considering related consequences. Moving your business from a company with whom it offends you to continue doing business is a positive reaction, but doing it properly with a little forethought for how it affects you can either hit or protect your wallet. Continue reading “USAA and Fox’s Sean Hannity”→
I can relate to hesitation about a belief in financial success. When I was younger I chose two careers that interested me greatly, but didn’t pay particularly well; music and photography. I enjoyed them both, and I was good enough at each to scratch a living from them, but financial success or excess was not within my reach at the time I was pursuing these careers. I have been deeply in debt, and I have been unemployed. Those problems have solutions. I have solved each of those problems more than once in my own life.
This article is written to offer you encouragement that whatever your financial situation, you can improve it. My mission with the MoneySmart Solutions book, davidpandone.com, and my Wealth Strategies activity is not to make you rich, though you can certainly achieve that with the skills I can teach you. More work with the same skill set that solves a debt problem can produce an excess that will generate more money than you need. That is what creates wealth: simple skills and proper habits. That’s what the skills learned in the MoneySmart book and information at davidpandone.com can help you learn. At that point you’ll have another problem: ‘how do I protect what I’ve created from those that will gladly take it from me?’ That’s where I can help you with my Wealth Strategies activity. On both sides, both broke and wealthy, there are issues to deal with. Continue reading “Simple, But Easy?”→