Back in May, my team and I attended the Berkshire Hathaway annual shareholder’s meeting in Omaha. As we were waiting in line to get into the Quest Center that morning, I was struck by the presence of another line that had formed outside. The other line that had formed was not waiting to get inside. […]
Well, the old mailbag is filling up again so I’m back with another round of questions and answers! These questions come from subscribers and if you would like to submit a question to have answered, just subscribe to the blog via the sign-up forms to the left and you’ll receive a link where you can […]
Happy Halloween everyone! Today is a day filled with ghosts, goblins and haunted houses! While this is a fun day for kids (and grown-up kids), many people are living a Halloween type of life with their finances. The things they do with their money create a “nightmare on money street” for their lives. Today’s infographic should […]
Ever since I can remember, I have been fascinated with money. I’ve studied how people build wealth and what they do in order to keep it. Looking back, the most valuable lessons I have learned about building wealth didn’t come from courses in economic theory from my days in college. Nor did they come from […]
Grace Groner lived nearly her entire life in Lake Forest, Illinois, about 45 minutes north of Chicago. After graduating from Lake Forest College in 1931, Grace was hired as a secretary at Abbott Laboratories, where she worked for more than forty years. Grace never earned a large salary as a secretary. According to the Los […]
In the best-selling book “The Millionaire Next Door”, author Thomas Stanley interviewed 733 self-made millionaires and asked them what were the key factors that had contributed to their wealth. For those of you who haven’t read the book, what would you guess was the number one factor, above all else, that had lead to these […]
The story of successful people, wherever they may be found –professional athletes, entrepreneurs, investors, or success in any kind of endeavor is at first a story of people’s accomplishments. But it is also a story of something else – the story of people who wouldn’t quit. It’s been wisely written that success in life is […]
The crazy boss. The insane co-workers. The reorganizing. The reorganizing of the department that just got reorganized last month. The downsizing. The layoffs. Being forced to do twice as much work as before, for the same money, …and a stupid “attaboy” plaque. The mind-numbing marathon meetings that suck the life out of you. Being ushered like […]
I often get asked for advice about money. That’s not a statement of arrogance. I’m happy to help anyone who’s willing to work at changing their financial future. It’s my way to give back. But here’s the thing… The operative phrase in the statement above is “who’s willing to work…”. One thing that I’ve noticed […]
Do you know what’s sad? Despite all the talk about retirement planning, and all the information available to everyone on the web and in libraries, millions of people still aren’t doing anything to build wealth for themselves and secure their financial future. You know what’s even worse? Many of them give hilarious excuses as to why! Well, not on […]
