#321: How to Think About Money

When people are faced with problems and complexity, our instinct is to add instead of subtract. As a result, we have a tendency to make our work and our lives more and more complex, and less and less effective and fulfilling. Even when what we add is new technology that promises ...  Show more

When Mark Hertling learned he was deploying for Operation Desert Storm, he decided to start a journal.Back then, Mark was an Army major and cavalry officer with two young sons. His unit would be out in front of the main force, and during an intelligence briefing, he was told it c ...  Show more

Mastering personal finance is one of the most important things anyone can do. If you know where your money is coming from, where it’s going, and how to make more of it, you can retire comfortably, retire early, or have less financial anxiety at the end of the day. But, the world ...  Show more

The fundamentals of personal finance aren’t all that complicated- there’s a reason why we came up with the Money Gears: 7 straight forward steps to take with your money. We could probably boil it down even more: spend less than you make, and invest the rest! So while the core ...

Today, we're looking at the top 5 basics for people who are starting their personal finance journey:Paying off debt strategicallyNot over-doing the emergency fundInvesting early and often in a tax-efficient wayLiving beneath your meansUsing credit cards to travel for freeRESOURCE ...  Show more

  Why aren’t there more millionaires? The basic formula is straightforward: spend less than you earn and invest the surplus in low-cost, diversified index funds. It’s not an exaggeration to say that if you stick to these simple steps, you could be sitting on millions by the time ...  Show more