This week we talked about why it may be ok to save inconsistently. A paper by Yale finance professor James Choi made the news this week. Choi studied the advice from the 50 most popular personal finance books, according to GoodReads, and compared it to the advice economists give about the same topics. While personal…
This week we’ll talk about why it may be ok to save inconsistently. A paper by Yale finance professor James Choi is making the news this week. Choi studied the advice from the 50 most popular personal finance books, according to GoodReads, and compared it to the advice economists give about the same topics. While…
Last week we talked about the power of patience. It can take years for many of us to achieve our most ambitious goals and it can be tempting to change the goal, take shortcuts to get there faster, or give up entirely. Those decisions can lead to regret, though, so we talked about why patiently…
Tonight we continued talking about how to find money to save and invest. This week we’ll walk through a spreadsheet we developed to make it easy to create a budget. Many people like to use budgeting applications such as Quicken, Mint, or YNAB to keep track of their income and expenses, but spreadsheets are a…
Tonight we talked about how to find extra money to save and invest. Investing can be a powerful tool for growing our savings, and having enough saved can give us peace of mind when something suddenly comes up. What do you do, though, if you don’t have any money left over to save? We’ll discuss…
Please join us on Thursday, July 21st, at 7:30 PM ET/6:30 PM CT/5:30 PM/MT/4:30 PM PT for Financial Sense¢, our monthly public Zoom chat. If you made it to last month’s call you learned how to attend an ACB or NFB convention on a budget. Conventions are chaotic, though, so this month we’ll be talking…
If the topic of investing seems incredibly daunting, or your first thought upon hearing the word “investing” is, “I could never do that!” You are most definitely not alone. Additionally, while our inclination when our elders tell us things may be to not listen to them, much wisdom and invaluable life lessons can come from…
Les: When you invest, when you get started, chances are, you’re gonna make a mistake or two along the way. Nobody’s perfect. Heck, even the pros. They make recommendations that don’t always work out. So I think one of the keys is to understand that you’re gonna make a mistake. Don’t let that stop you…
Liz: Whatever you decide to do for the holidays, it should just be about showing appreciation to your loved ones, your family, your friends, it’s about the memory. And about the experience. And that doesn’t have a budget. The Penny Forward podcast is transcribed by Anne Verduin, a blind transcriber living in Portland…