Category: getting it

How to Be Penny Wise but Pound Foolish

Have you ever hear the phrase, “Penny wise, pound foolish?” Mom used to use it (among many others!). It means that you are watching your small stuff like a hawk but not taking care...

The Most Important Key to Wealth

How to get rich (preferably fast!) is a topic much debated. Start your own business, add multiple income sources, win the lottery, get the right job in the right field, write a best seller,...

Review of: Learn to Earn

Learn to Earn A Beginner’s Guide to the Basics of Investing and Business by Peter Lynch and John Rothchild Summary: Peter Lynch, who grew Fidelity’s Magellon mutual fund from 18 million to 14 billion...

Develop Healthy Family Savings Habits

American families generally focus on the single family unit when developing savings habits and planning for the future. But often savings habits are passed on from one generation to the next and may be...

Junior Achievement Still Teaches Financial Literacy

Teaching kids about money and finances is becoming much more mainstream today than it used to be. Public schools are offering personal finance classes. Numerous websites advocate for financial literacy and various institutions and...

How to Teach Persistence

One of the key traits in becoming a millionaire (or indeed in any pursuit) involves persistence. Without it, you are likely to fail at earning or accumulating that much money. As Thomas Edison said:...

The Anticipation Effect

When I was young (in the 1950’s), one of my favorite books was about a suburban Midwest family. In it the wife and husband have a chance conversation about taking a trip to Paris....