Most of us learn to fear failure and avoid it at all costs. During our quest for financial freedom, however, we’ll encounter plenty of failures. Usually, we learn from them and move on. Sadly, the fear of failure is also used as a convenient excuse for some folks who dig themselves into a deep financial hole and are looking for any reason to avoid the hard work of overcoming their
Continue reading 100 Words On: Why You Should Never Ever Be Afraid of Failure
Self-serve wasn't around when this picture was taken in 1939.
It’s hard for me to believe, but today is my 50th birthday.
I know, I don’t look a day over 65.
When I was a young boy, I thought 50 was ancient. Perhaps it is; but I don’t feel ancient. In fact, with only a few minor exceptions, I feel pretty much the same way today as I did when I was
Continue reading 7 Questions That Businesses Rarely Ask Their Customers Anymore
In October 2013, the US National Debt surpassed the $17 trillion mark — and by the end of 2014, the debt is expected to reach $18 trillion.
At some point, the world will finally lose faith in our currency and conclude that it no longer makes sense to store their wealth in US dollars.
When that happens, the sell-off of “the almighty dollar” will begin in earnest. As those dollars return to
Continue reading 18 Facts You Didn’t Know About Hyperinflation
Never assume that just because a person holds an MBA, he knows how to run a business; the road is littered with MBA-sporting CEOs who ignominiously drove their companies into the ground. Conversely, there are just as many CEOs — guys like Microsoft’s Bill Gates and Oracle’s Larry Ellison — who achieved phenomenal success without the fancy business school sheepskin.
The bottom line: If guys like Gates and Ellison can successfully
Continue reading 100 Words On: Why You Don’t Need an MBA to Manage Your Finances
One of the more difficult jobs any parent faces is teaching their kids the value of a dollar. Sadly, some kids never learn that money doesn’t grow on trees.
It may seem cruel, but parents who aren’t afraid to let their kids spend their money on ill-advised purchases — especially those with limited shelf lives — are actually doing them a favor. Experience is a terrific teacher and, with respect to
Continue reading 100 Words On: A Surefire Way to Teach Kids the Value of Money
Despite the conventional wisdom, Black Friday is not the busiest shopping day of the year. Most procrastinators know that honor belongs to the Saturday before Christmas.
Black Friday has changed over the past decade or two, and the Internet has a lot to do with that.
Remember when stores used to give away special gifts for the first 100 customers through the doors on Black Friday? I rarely see that any more.
Continue reading Why Doing Lines on Black Friday Isn’t All It’s Cracked Up to Be
You, as a business owner, have more power than you may realize to make a change in the environment. These days, there are countless services and products to choose from to help your business. If you want to stand out, you’d do best to choose the greener options. You’ll feel good when you can show the public that you care about the world.
If you’re not sure what ways you can go
Continue reading Green Growth: 8 Ways to Make Your Company Environmentally Friendly
I love Halloween. It’s one of my favorite holidays — and based upon its mass appeal, apparently I’m not alone.
In fact, even though the wicked economy continues to put a scare into most people, when it comes to celebrating what was originally known as All Hallows’ Eve, spirits remain high.
So just how hot is Halloween? Well, it’s so popular that it’s downright spooky.
To prove it, here are a few bone-chilling
Continue reading 18 Frightening Financial Facts You Didn’t Know About Halloween
Before I started up my blog, I spent my free time as a dedicated volunteer for Little League baseball. And although I rose through the ranks over the years to eventually become a league president, looking back, my fondest Little League memories still come from the time I spent managing my son’s tee-ball team.
My first “practice” was a pitiful failure. I was woefully disorganized and, as a result, the 5-year-olds
Continue reading Why I Run My Household Like a Business (And Why You Should Too)
Earlier this month, British Prime Minister David Cameron offered $1.54 million to the person who could solve mankind’s greatest challenge, whatever that might be. However, before the challenge can officially begin, Mr. Cameron must wait for an official list of the world’s biggest problems from a committee of extremely wise fellows who are now collecting the best suggestions from abroad.
The first candidate problem that immediately crossed my mind was how
Continue reading I’m Stumped: 7 Perplexing Money Questions Without a Good Answer