Category Archives: Handy Ideas

Mislead by a Limited Choice Set

A lot of the financial consequences in our lives come from our decisions, but those decisions are dictated by the set of possibilities we think exist. Often, we think we have fewer options than we actually have. Thinking you have … Continue reading

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Statistically Speaking, We’re Not As Amazing As We Think We Are

“One of the painful things about our time is that those who feel certainty are stupid, and those with any imagination and understanding are filled with doubt and indecision.” -Bertrand Russell Friend of the firm and top financial planner, Gary Vawter, … Continue reading

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How to Learn About Investing In Real Estate

You’ve probably seem the infomercials late at night that sell the real estate investing courses.  ‘Look how I parlayed 25¢ and a plucky attitude into a ten million dollar fortune, and you can too!  Just put your money in real … Continue reading

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‘Boots’ Theory of Socioeconomic Unfairness

“The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. … Continue reading

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Commoditizing Health Insurance – Putting the “Fun” in Fungible

Here’s a 25¢ word for today: fungible.  Fungibility means that one thing can be exchanged for another.  It’s an important economic concept and is critically necessary for the functioning of our economy, but you don’t hear too much about it.  … Continue reading

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Medieval Self-Improvement

The search for self-improvement appears to be an eternal one.  Here are a couple of excerpts from a medieval book of poetry (originally in Latin) titled Book of Emblems by Andrea Alciato.  Originally written in 1531, with many subsequent editions, … Continue reading

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Financial Planning And Victim Blaming

If you listen to financial planners for long, you’ll find out we are big proponents of thrift, industriousness, and planning.  That translates to a tendency to come across like pinched-mouthed finger-wagging harridans nagging the world to save more and not … Continue reading

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“Way to Wealth” by Benjamin Franklin

Courteous Reader, I have heard that nothing gives an author so great pleasure, as to find his works respectfully quoted by other learned authors. This pleasure I have seldom enjoyed; for tho’ I have been, if I may say it … Continue reading

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Moving To A Retirement Facility

So, the time has come when you are going to move your aged loved one into an assisted living or retirement facility.  The only problem?  Grandma/Grandpa thinks they can do the move themselves.  Of course, they can’t.  It’s also a … Continue reading

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The Term “Asset” Already Has a Definition, Thank You

I remember when I was a little kid, my Mom served me some canned peaches.  I was taken by the yellow color of the peach slices.  I told my Mom that, from now on, I would call canned peach slices … Continue reading

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Blogging the Journal: “The Young Adult: Financial Education, Social Networking, and Internet Security” by Eileen Gallo, Ph. D.

I really liked the idea behind Dr. Gallo’s article on using the internet securely in this month’s Journal of Financial Planning.  Here’s a link to “The Young Adult: Financial Education, Social Networking, and Internet Security” by Eileen Gallo, Ph. D., … Continue reading

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I Make My Own Bi-Weekly Mortages At Home

I’ve been on a mortgage kick, lately, and something in the post about customizing your mortgage jogged my memory.  Have you ever heard of the bi-weekly mortgage?  If you have, it was probably introduced to you in a breathless and … Continue reading

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Personal Finance Book Selection Tips

There are a lot of personal finance books out there, but how do you find a good one in a sea of tripe?  Allow me to share a few of my selection techniques with you. Is the book itself ugly?  … Continue reading

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Guide To Finding Quick Lost Money

Oh no!  You need quick money, but where can you find it?  Here are some places to look around for a few bucks: Shoe boxes: Do you have some savings bonds still lingering around?  Check your closet and shoe boxes.  … Continue reading

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Balance Sheet Repair In Action

You may have heard of the term “Balance Sheet Repair” bandied about on the news from time to time, but what does that mean and what does it look like?  The Big Recession* has given us an excellent illustration of … Continue reading

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