Don’t Let Some Pundit’s Pessimism Make You Do Stupid Things

Don’t Let Some Pundit’s Pessimism Make You Do Stupid Things

A few months ago I read a superb piece by Morgan Housel entitled “The Seduction of Pessimism” that should be required reading for ANYONE who invests money today for their long-term future needs – like retirement. Lately I can’t help noticing the recent uptick in...
MINDFUL MONEY PRACTICE: Start Building an Emergency Fund

MINDFUL MONEY PRACTICE: Start Building an Emergency Fund

Why not take a few minutes today to calculate a target cash balance for your emergency fund, so that you can start saving for the unexpected now? This is one of the easiest practice I recommend in my book, Mindful Money, because there are just two data points you will...
MINDFUL MONEY PRACTICE: State Your Meaningful Purpose

MINDFUL MONEY PRACTICE: State Your Meaningful Purpose

Take a few moments to consider your gifts, passions, values. Where do you find and bring meaning to life? Each of us was born for a reason. We all have something unique and valuable to contribute to the world, and our happiness depends on making the most of that human...
Mindful Money Practice: Here Now

Mindful Money Practice: Here Now

Making a financial and life action plan means embarking on a conscious pilgrimage, not a blind excursion. As I discuss in chapter 3 of Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend, in order to do that, you...
Mindful Money Practice: Picture Your Perfect Life

Mindful Money Practice: Picture Your Perfect Life

There’s an old saying, “If you don’t know where you’re going, any road will take you there.” People who achieve lasting happiness know exactly where they’re going and exactly what There is meant to look like. They can clearly visualize the ideal There, even as they...