July 2008


My mother is in the hospital. Her health, which had been deteriorating lately, took a turn for the worse over the weekend. On Tuesday, she was admitted to a local hospital, where she’s likely to remain for a week (or more).
My brothers and I have been sorting through mom’s financial documents, trying to piece together [...]

[read all of Drama in Real Life: Caring for a Parent in Crisis]

Yesterday, Amy Jo pointed me to a site called SmallNotebook.org where Rachel is nearing the end of a self-imposed No-Spend Month. Though the name is something of a misnomer — this exercise is more of a Spend Less Month — it’s still an interesting concept.
For the entire month of July, Rachel’s family of three [...]

[read all of Use a No-Spend Month to Become Mindful of Money]

This is a guest post by Christopher L. Jones, author of The Intelligent Portfolio. The following is an excerpt from his book.
During the meandering path of our lifetimes, there are many types of financial goals that we strive to reach. Some goals are short term in nature, such as having enough money to pay the [...]

[read all of Funding the Future: The Benefits of Being Flexible]

“Look at this,” Kris said yesterday when she returned from grocery shopping. She held up two yogurt containers for me to see.

“So what?” I said. “Black cherry yogurt.”
“Look closer,” she said.
 

“That one’s smaller,” I said. “Did they change the container size?”
“Yes,” she said. “But they didn’t change the price.”
The incredible shrinking yogurt
I’ve received several [...]

[read all of Hidden Price Increases at the Grocery Store]

“The Mole” is a certified financial planner and public accountant who, in his spare time, provides a behind-the-scenes view of the financial planning industry for Money magazine. In his most recent column, The Mole explains how to deal with a bad 401(k) plan.
“401(k) providers don’t actually care how they make money,” he writes, “just as [...]

[read all of How to Cope with a Lousy 401(k) Plan]

My friend Nicole and her family visited our house for breakfast this morning. She and her husband are the founders of Green Ronin, a Seattle-based game publisher. As we enjoyed a couple lovely hours outside at the picnic table, we chatted about life and work. We talked about what it’s like to own a small [...]

[read all of 5 Tips for Starting a Small Business]

“Are we a nation of financial illiterates?” asks Stephen J. Dubner over at the Freakonomics blog. Yes, he answers. And no. High school students are getting more economics education than ever before, yet their basic personal finance competency is dropping.
Dubner interviewed Annamaria Lusardi, a professor of economics at Dartmouth, about financial literacy. It’s an interesting [...]

[read all of Daily Links: Safe Banks, Pets, and Financial Literacy]

Though Kris and I live just a few miles from downtown Portland, we’re fortunate to have three-fifths of an acre of land. This allows us to set aside some large spaces to grow fruits, berries, herbs, flowers, and vegetables.
Not all city-dwellers are so fortunate. In fact, millions of people don’t have access to a yard [...]

[read all of Urban Fruit Gleaning: Harvesting Fresh Fruit in the Middle of the City]

Last summer, Randy Pausch, a professor at Carnegie Mellon University, learned that the pancreatic cancer he was fighting had metastasized, and that he only had months to live. A few weeks later, he delivered his “last lecture”, a talk meant to impart the wisdom he’d gained during his lifetime.
Pausch’s presentation, entitled “Really Achieving Your Childhood [...]

[read all of Randy Pausch and The Last Lecture]

Money management can be difficult, even when you’re on your own. Throw a life partner into the mix and things get more complicated. What can you do if you and your spouse just aren’t on the same financial page? Hal recently wrote with a question:

I got married about a year ago to a wonderful girl [...]

[read all of Ask the Readers: How Can I Get My Wife to Talk About Money?]

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