Tagged With: money

Is fear of losing money (or love) the only thing you’ve gained?

We all have started out with some level of privilege. Whether it’s the privilege of being born in a middle class home, being born tall or extremely good looking, or even just being born in a country where water was clean, food was plentiful, and security was assured. And it from this point that we … Continue reading »

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Important versus urgent: Applying the Eisenhower Decision Matrix to your finances

  I’ve increasingly found it important to determine whether something is important or whether it is just urgent, as I think that we all (myself included) tend to confuse the two. I just recently learned that the matrix of the important and the urgent is known as the “Eisenhower Decision Matrix“, named after the U.S. … Continue reading »

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The banality of being a millionaire

  There are few words associated with money that are more romantic than “millionaire“. Just the very mention of the word brings to my mind giant villas overlooking a sunny sea. But I want us to take a closer look at this word and its practical implications for all of us. Because the true nature of … Continue reading »

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Does it really matter how much your time is worth?

  How many times have you been a part of a conversation that went something like this? “I was going to take the bus because it was only $18, but it would have taken 6 hours. Then I saw that flying there would be $80, but it would get me there in only two hours.” “Right, … Continue reading »

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Treat time like money

  Any visitor to my home will notice a distinct lack of clocks. At some point during their visit (not a short time, because I assure you I am a deeply scintillating host), they will look around to see what time it is. At first they will glance at the wall for the wall clock … Continue reading »

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Why having more money won’t simplify your life

  You may think that making more money will solve some of your problems. And you’re right. That’s certainly what I’ve found in my life. But when that happened, I found that new problems were created, greater in number than were solved.

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How much float do you need?

  In my last post, I talked about the importance of having “float” in your checking account. Float is that extra cushion of money in your account that’s above and beyond the money that comes in from your income. The goal of float is to allow you some cushion and wiggle room for paying your … Continue reading »

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How to use induced demand to your advantage

  In my last post I talked about induced demand, the counter-intuitive idea that when there is a greater supply of a resource, more of it is used.  I see this most often in discussion of transportation issues, where people assume that the solution to traffic-clogged roads is to widen the roads (or to build … Continue reading »

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