Let’s rap about budgeting, shall we? It’s Valentine’s Day, and the best way I know how to show you how much I love you is to tell you you’re a fool if you don’t have a budget. OK, but seriously, you need a budget, but probably not the types of budgets promoted by financial gooruse. […]
The nonsensical financial theory of “low reward” vs “high reward” lifestyle
Let’s rap about the so-called “dopamine addiction” afflicting Americans and how it’s killing their savings. The story goes that dopamine is a powerful neurotransmitter associated with “reward” or pleasure… and that the more money you spend, the more dopamine gets released into your brain, activating pleasure centers in your brain, and the more “reward” you […]
Broke is a condition, cheapness is a mindset
You ever seen that show Extreme Cheapskates? It’s where folks go to these weird and unusual (usually irrational) lengths to save money. For example, they go “dumpster diving” for food, medicines, baby cribs, and clothes. I’m sorry, what? You say you don’t know what dumpster diving is? It’s where you open up a dumpster behind […]
Why tightwads and spendthrifts end up in the same ring of hell together
“In the first life beneath the sun, they were so skewed and squint-eyed in their minds their misering or extravagance mocked all reason” — Dante Alighieri, The Divine Comedy; Inferno *** Was reading an article recently about why so many people be bad with money. It got me thinking about Dante’s Inferno. The Inferno is […]
3 important things you need to know about your finances
Been reading some interesting commentary about Cambridge Analytica. That was the data analytics company that worked on President Trump’s campaign. So, the story is the company harvested private data from 50 million Facebook users using… Facebook. Edward Snowden had the most obvious comment of them all in this discussion… “Businesses that make money by collecting […]