Thursday, May 16, 2013
When I think about what makes me happy, I recall the things I like to do and have done, not the physical objects I have. But a cursory look at our consumer landscape shows that retailers are meeting our desire for possessions more than trying to sell us experiences. I see more stores filled with stuff than places simply selling experiences. Where is the disconnect?
Wednesday, May 8, 2013
Sonja Lyubomirsky reference the same old testament verse that I've long associated with Dave Ramsey: the borrower becomes slave to the lender (Proverbs 22:7). But Lyubormirsky's conclusion is based on two decades of psychological research that just happens to align with biblical wisdom, showing that we feel the sting of the negative more than the lift of the positive. From Lyumbomirsky's book, The Myths of Happiness:
Friday, May 3, 2013
|From zieak at Flickr Creative Commons.|
Tuesday, April 30, 2013
And the good times keep on rolling. April was another good month due, it seems, to home prices continuing to rise (or so the internet tells me), putting extra money into our "next home" fund instead of towards our tiny mortgage, and some modest gains in our investments. It makes me wonder when the good times will come to an end.
Sunday, April 14, 2013
|From dr_tr at Flickr Creative Commons|
I've been reading more books lately than I usually do, and I thought I'd share the ones I liked (and that have at least some angle on personal finance and wealth). I'll keep the reviews short, and please comment back with any books you'd like to recommend. I'm always looking for new ones to check out of the library.
Saturday, April 6, 2013
|From madmarv00 at Flickr Creative Commons|
Monday, April 1, 2013
After a somewhat disappointing month in February, we got back on track in March. Despite my best efforts we still got a tax refund, and we received a small inheritance ($5k) last month. But most importantly, we decided to take $27k from the cash portion of our "next home" investment mix (50% cash, 30% bonds, 20% stocks) to pay down our current mortgage. We had a pile of cash earning nothing, and a pile of debt. Why pay 4.25% in interest when the cash is only earning 0.8%?