The Ultimate Guide to Managing Your Career

Zone of potential agreement (ZOPA): The area where both you and the person you are negotiating with would accept an offer. When you think about how you’re going to earn and save enough money to hit your financial goals, it’s really easy to think about how you can cut expenses. Cut lattes! Recycle dryer sheets! […]

Where’s Waldo? My Recent Appearances

Occasionally, others ask me to share some insight with their audiences on a variety of personal finance topics. I’m always grateful to them for sharing the opportunity. Here are a few of my recent appearances for (what I hope is) your reading pleasure: Unstuck | How to Fix Your Worst Money Mistakes So you’ve made […]

Train a Monkey to Throw Darts or Pick the S&P 500 Index? A Look at 2014’s Performance

“Maybe life is random, but I doubt it.” –Steven Tyler There’s a news radio station in Fort Worth that has almost all of its daytime weekend programming related to money, investing, and personal finance. It’s almost like the programming folks at CNBC decided to take over this radio station on the weekend, because, unless the […]

Bridging the Between Gap

“Most children threaten at times to run away from home. This is the only thing that keeps some parents going.” –Phyllis Diller For 18 or so years, your parents raised you. They gave you a home, clothing, food, and love. They carried you to soccer games, plays, slumber parties, amusement parks, and a host of […]

Leave Forecasting to the Weatherman

“Prediction is very difficult, especially if it’s about the future.” –Nils Bohr “Weather forecast for tonight: dark.” –George Carlin As we saw in “Do You REALLY Know How You Would React if the Stock Market Dropped by 20 Percent,” the personal finance industry loves their risk tolerance questionnaires. They think that you’re going to be […]

Making Money in Your Investments Doesn’t Make You a Great Investor

“The one thing that unites all human beings, regardless of age, gender, religion, economic status, or ethnic background, is that, deep down inside, we all believe that we are above-average drivers.” –Dave Barry Do you think that you’re a good driver? You probably do. Why do you think that? You’ve probably only been in a […]