Teaching Money Management Through Self-Responsibility
In the past, I’ve strongly advocated for families to introduce their teenagers to financial reality as early as possible. I know that in my own case, I went off to college with almost no idea of how to manage my money and it really showed in the spending decisions I made over the next ten years... Continue Reading
Submitted ByTrent Hamm
In the past, I’ve strongly advocated for families to introduce their teenagers to financial reality as early as possible. I know that in my own case, I went off to college with almost no idea of how to manage my money and it really showed in the spending decisions I made over the next [...]...
Submitted ByTrent Hamm
I love cooking at home.
I used to hate cooking at home, though. I was awful at it. I burnt things. I messed up scrambled eggs beyond all recognition.
But over time, I got better at it. I started figuring out lots of little things that made the entire process smoother and made [...]...
Submitted ByTrent Hamm
It’s often said that people are reflections of their five closest friends in many ways: behaviors, income levels, values, and so on.
Five years ago, almost all of my closest friends spent money like it was water. They were constantly doing things like playing poker, pushing each other to “one...
Submitted ByTrent Hamm
A big part of successful frugality is the routine with which you live your day-to-day life. Here are twenty four little things that you can incorporate into your daily routines that just trim a little money away from your spending – and puts it into something more important to you.
1. Brush your...
Submitted ByTrent Hamm
In 2003, shortly after getting married, I had an ambitious goal of saving for a 20% down payment on a house by the end of 2007. Over the next year, I did make some savings progress, but I kept falling behind my milestones. Eventually, fed up with myself, I gave up and more [...]...
Submitted ByThicken My Wallet
Have you ever negotiated with anyone- spouse, boss, landlord, vendor- and hit a roadblock and simply thought or said “but I am such a nice person, why can’t they agree with me?” The “nice card” is played all the time in negotiations by both sides. Think of purchasing a home when the...
Submitted ByTrent Hamm
As I announced on Twitter a few days ago, I recently turned in the manuscript for my upcoming second book.
I’m extremely proud of this book, as I conceived of the entire idea myself, spent literally hundreds of hours researching materials and interviewing dozens of people, and spent the last...
Submitted ByTrent Hamm
Megan writes in:
I’m by far the most financially sensible person in my family. I spend far less than I earn, yet I’m happy with the things I do have. I have my retirement savings in very good shape (even after the mess last year!) and I have a big emergency fund and almost [...]...
Submitted ByTrent Hamm
It happens to the best of us. We resolve to make some change in our life and, for the first month or two, it goes great. We see real progress in the area we want to change.
And then it happens. We give into temptation and make a mistake – sometimes a big [...]...
Submitted ByThicken My Wallet
I was invited to an investment seminar last week on successful strategies for a wealthy retirement. Over the course of dinner, we were presented some information on planning for retirement. I wanted to share just a few tidbits of information and observations.
Superior investment returns depends on...
Submitted By 
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