The Happiness of Pursuit

Historically, personal development has been a big part of Get Rich Slowly. Back in 2012, founder J.D. wrote, "I'm a firm believer in personal development. Self-improvement is part of living a rich life. In fact, when I started this blog … the self-improvement category was one of the first I implemented."

But not so long ago, I'd never read a self-help or personal development book. In fact, I avoided that section of the bookstore -- it was all too woo-woo and mushy for me. Then I got hooked on yoga, and I read a lot of woo-woo titles, like "Living the Mindful Life" and "Yoga and the Quest for the True Self." Gross, right?! (But I loved them both.)

Fast forward to today, and I've read a lot of personal development books, even non-yoga ones. I've paid for several online business courses that also tackled issues like how to stop feeling guilty and how to stand tall and own your pricing. Continue reading...

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‘When She Makes More’: 10 rules for breadwinning women

A few years ago, my little brother moved his family to Seattle. His wife had received a promotion and an opportunity to work at her company's flagship location. The offer was too good to refuse. There was just one problem: They moved before Tony could find a job.

Tony's wife enjoyed her new position and increased salary. He pounded the pavement looking for work. He had no luck. When he was in Portland a few months later, he stopped by my place for a beer.

"How are things going?" I asked.

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Book review: “Eventual Millionaire”

There are many personal finance books and tools out there that are useful to people in all stages of personal finance. I have a lot to learn before reaching financial independence, and the editorial elves thought it would be helpful if I shared some of what I learn with you.

My recent reviews include "Personal Finance for Dummies, Fifth edition," by Eric Tyson, MBA. This week, I'm reviewing "The Eventual Millionaire: How Anyone can be an Entrepreneur and Successfully Grow their own Start-up" by Jaime Tardy, who has previously guest-posted right here on Get Rich Slowly. After finding out that corporate America wasn't all it's cracked up to be and racking up significant debt (~$70,000) while on a six-figure salary, Tardy left that world behind to focus on being happy.

However, she wouldn't mind being happy and being a millionaire. Who would? Today she runs the website EventualMillionaire.com. She's interviewed over a hundred millionaires to track down some common denominators in financial success, and this book shares her discoveries with you. Continue reading...

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Get Rich Slowly: The Course

Here it is, 2:22 on a Tuesday afternoon. I've been up for more than 48 hours straight with only brief naps snatched here and there. I'm exhausted — but I'm happy. What's the deal? Am I a proud new papa?

Well, as most of you are aware by now, I am a father of sorts. This morning at 9 a.m., after nearly a year of effort, I launched my latest project, a 52-week guide to building wealth. Like this site, the course is called Get Rich Slowly, and I think it's the best work I've ever done.

Get Rich Slowly: The Course

What's so good about Get Rich Slowly: The Course? Let me tell you! Continue reading...

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Talking with Gretchen Rubin about money and happiness

As part of the Get Rich Slowly course (out this Tuesday!), I interviewed 18 of my favorite financial experts (and non-financial experts). Combined, these interviews comprise over eight hours of audio and more than 200 pages of written transcripts, all of which will be available as part of the package.

For instance, I had a fantastic 40-minute conversation with my friend Gretchen Rubin, author of the best-selling The Happiness Project and its follow-up, Happier at Home. (She also has a great blog where she writes about happiness and personal development.) Here are some excerpts from that conversation. (It was tough to trim this. The entire interview is great!)

J.D. Roth A lot of times people think that pursuing money itself, pursuing wealth, will make them happy. And yet from what I found, that's not necessarily true. It's not the money, itself, that makes you happy. It's the things you can do with the money obviously. And maybe it's the same kind of thing that you're arguing with the direct pursuit of happiness and indirect pursuit of happiness.

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My year-long quest to create a guide to mastering money

"How would you like to write an Unconventional Guide?" my friend Chris Guillebeau asked me last spring. As long-time readers know, I've joined Chris to travel across the U.S. by train, travel across Norway by train, and produce the first three editions of the World Domination Summit conference here in Portland. When he's not traveling or dominating the world, Chris publishes a series of guides on subjects ranging from art to law, from entrepreneurship to publishing.

"What kind of guide would I write?" I asked.

"A guide about money," Chris said -- as if there could be no other possible answer.

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The power of profit margin

Be Your Own CFOAfter six months of work, my guide about becoming the Chief Financial Officer of your own life is ready for launch! Be Your Own CFO will be released on April 22. Over the next couple of weeks at Get Rich Slowly, I'll share some background on this project, including excerpts and outtakes. Today, for instance, I'll give you a taste of what I've written about the importance of profit.

The overall theme of my new guide is that people would have greater success managing their money if they acted as if it belonged to a business. I think most of us understand that companies can't exist without profit. But for some reason, people don't practice this concept in their personal lives -- even though the same principle applies!

The Importance of Profit

Profit is the life-blood of every business. It's like food and water for the human body. Although proper nutrition isn't the purpose of life, we can't exist without it. Food and water give us the strength we need to pursue the things that bring us happiness and meaning. Similarly, profit isn't the purpose of business, but a company can't survive without it.

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Book review: “Personal Finance for Dummies, 5th Edition”

There are many personal finance books and tools out there, useful to people in all stages of personal finance. I have a lot to learn before reaching financial independence, and the editorial elves thought it would be useful if I shared some of what I learn with you.

My recent reviews include "FlexScore, Part I (The Book)" by Jeff Burrow, CFP, and Jason Gordo, AIF as well as a review of FlexScore's online tool. This week, I'm reviewing "Personal Finance for Dummies, 5th Edition" by Eric Tyson, MBA.

Why this book? Well, I figure that this is the time of year where people are resolving to eat right, exercise more, and track their money. As a result, we probably have lots of readers who are either new to GRS or returning to the fold after a hiatus. So a book that provided a comprehensive overview of all things financial seemed just the ticket.

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How I built an income safety net

This guest article was written by Kimberly Palmer. Kimberly is the author of the new book “The Economy of You: Discover Your Inner Entrepreneur and Recession-Proof Your Life,” and senior money editor for U.S. News & World Report. In addition, she is the creator of Palmer's Planners, a line of digital financial guides on Etsy.

A month after my daughter was born four years ago, as the fog of newborn sleep deprivation was at its height, I was overwhelmed by a terrifying thought: What would happen if I lost my job? Or what if my husband lost his job? I couldn't stop thinking through various scenarios, imagining what we might possibly do to avoid complete financial catastrophe.

My paranoia wasn't completely off-base; after all, I work in journalism, a field known for its job instability and lay-offs. And my daughter was born in 2009, just as our entire financial world seemed to be collapsing. I probably shouldn't have been so surprised by the crushing weight of parental responsibilities.

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Review: FlexScore, The book and website

There are many personal finance books and tools out there, useful to people in all stages of personal finance. I have a lot to learn before reaching financial independence, and the editorial elves thought it would be useful if I shared some of what I learn with you.

My recent reviews include "The Smartest Investment Book You'll Ever Read" and "Soldier of Finance: Take Charge of Your Money and Invest in Your Future." This week, I'm reviewing "FlexScore: Financial Advice for the Rest of Us" by Jeff Burrow, CFP®, and Jason Gordo, AIF®.

CFP stands for certified financial planner and AIF stands for accredited investment fiduciary. Burrow and Gordo used to work for some of the big Wall Street brokerage firms, but they became disenchanted with that culture. Haven't we all?! They believed people should have access to advice that isn't tainted or distorted based on the interests of the company or salesperson giving it.

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