Category Archives: Personal Growth

A True Parable of Patience

Over the past two weeks, I have taken my proverbial foot off of the accelerator a bit. This has been hard. For as long as I can remember, happiness has always been linked to progress in my mind. As you may imagine, I was naturally reluctant to ease up a bit out of fear. I thought, “Things are going really well right now? Will I remain this happy and content if I slow down?”

I realized some things in the midst of this self-imposed siesta:

  1. Progress is not necessarily halted when you take your foot off the gas; momentum has a way of keeping things moving.
  2. In times of relative stillness, we invite room for reflection. In this instance, it dawned on me that I have been very impatient with myself in a number of areas: growth of my real estate business, refinement of my writing process, and of course, overall growth of this blog. When I paused to slow down a bit, it became clear that I need to be patient with myself.

The Value of Patience

I’ve never been a patient person. Mrs. Superhero can attest to that. I have worked hard to become increasingly mindful of this tendency over the past few years, as impatience seems to be a genetic tendency within my family tree.

The notion that hard work solves problems fails to account for all of the other important variables inherent in life. Patience is a key to winning!When I was young, my uncle and Superhero Grandpa were avid boaters and fishermen. One foggy morning, they started out for an early morning to cast their lines in Lake Michigan. In their haste, they forgot to check the weather report. As they approached the big lake via the channel, it became clear that the present conditions were very poor. Turning around in the channel was impossible, so they did what had to be done — they pressed onward into the crashing waves in an attempt to turn around navigate back into calmer waters.

My uncle is an expert boater, but he knew the writing was on the wall: this wasn’t going to end well. Superhero Grandpa knew this, too, and in one swift, knee-jerk reaction that he would fortunately live to regret, he dove into the choppy water and began to swim to shore. In his impatience, he forgot to don a life vest.

Grandpa was able-bodied and very strong at this stage of his life, yet he has little match for the waves. He fought and fought, harder and harder, yet he realized that his efforts were wasteful. Moments later, my uncle also abandoned the boat and came to Grandpa’s rescue with a second life vest just as exhaustion was about to set in.

I think of this story often, but it is especially poignant when I am struggling to be patient. Like most people, I am a product of the drive-thru generation. I want it now, and I have been told that I deserve everything I could ever want. Fail once, and work harder and longer the next time and you’ll surely get what you seek, I’ve been told. If you work harder, you can speed up normal timelines and reach the finish line faster, says the world. These ideas stand in direct contrast to my Grandpa’s story, and personal experience paints a different picture, as well.

The notion that hard work solves problems fails to account for all of the other important variables inherent in a specific endeavor. For the single father working an extra job to rebuild emergency savings, hard work and hustle aren’t always the solution. Shifting money into a hot mutual fund or single stock may not be the answer for the middle-aged person grasping for an earlier retirement. And for myself, hard work as a realtor and blogger is only one piece of the pie. Shortcuts rarely work, a truth which underscores the importance of patience.

So each day I am going to remind myself to exercise patience. I am going to remind myself that is OK to let up on the gas, coast a bit, and ride the wave (How is THAT for a mixed metaphor?). I have already discovered that happiness and contentment may be found in moments of patience. I look forward to experiencing further lessons in patience in the days ahead.

The Benefits of Giving and Generosity

As the past few weeks and months have shown, the United States currently run rampant with problems. Racism, violence, misogyny, and bigotry are impossible to ignore, easy to diagnose, and difficult to cure. I believe these problems, though significant and important on their own, may be traced back to a larger problem: selfishness. And I believe there is a cure for selfishness: outrageous giving and generosity.

Undeniably, selfishness is woven deeply into the fabric of America. It may even be part of our human core, though the jury is still out on the nature of human genetics. Perhaps long-standing capitalism has sewn and grown its fair share of selfishness over several decades. It is what leads us to work harder and harder to amass more for ourselves. The problem is that many people have bought into the lie which trumpets “more for me equals less for you.”

No matter what financial hurdles we may face, growing in giving and generosity will always help us improve our financial outlooks.
U.S. Giving Adjusted for Inflation (Source: Philanthropy Round Table)

Yet, our internal selfishness is often no match for our hearts’ desires to show empathy toward others. This is evident in the small things, like holding doors for others, and the big things, like the collective $358 billion in charitable giving by Americans in 2014.

Call me an optimist, but I believe that selfishness and empathy can co-exist when applied in healthy doses. Most of us, myself included, tend to be naturally good at looking out for own best interests. Thinking outside ourselves requires deliberation and conscious effort; actually acting on behalf of others requires a steady dose of humility to boot.

Self-Benefits of Giving and Generosity

No matter what financial hurdles you face, giving and generosity will always help you improve your financial outlooks. Read on to learn why we give 10% of our income. You can start small and help others!For the person of even average ambition, striking a balance between ambition and contentment is an ongoing challenge. I face this battle every day, and I lose more often than I win. I know that more prestige, money, and belongings will not provide the lasting happiness which I seek, but it doesn’t stop me from trying to attain it in this manner anyway. 

In The Legacy Journey, Dave Ramsey writes, “Giving is the antidote for selfishness. It’s the hallmark character quality of those who win with money.” I believe Ramsey is correct, as giving leads to humility and contentment. In the act of giving, the giver admits that she has enough, that the time or resources being given are needed more by someone else. It is empowering to realize this truth because it supports action. When we give to others and realize that we no longer miss what has been generously given, we are one step closer to contentment. With contentment comes the ability to manage finances with wisdom and restraint.

Contentment is not the only self-benefit of giving. In my experience, giving and generosity ultimately help us grow to be better receivers. As Arthur Miller wrote,

A closed hand cannot receive. The phrase has a Biblical ring, and a Biblical wisdom that applies profoundly to everyday human affairs. The man who will not share himself with his neighbors receives little friendship in return. . .

. . . To be sower of seeds, a man must open his hand. He must do this, clearly, before he can reap. And the process doesn’t stop there. To possess knowledge or wisdom, he must open his mind. If he wants to receive love, he must offer it – and to do this he will need an open heart.

Look around and you will see the truth of these five words shining everywhere. A closed hand cannot receive – partly because it is shut, and nothing can get in. But mostly because it has nothing to give.

While giving requires humility, receiving may require even more. I naturally prefer giving to others rather than receiving, but as I have reflected on the reasons why this is so, pride is the only answer.

Giving and generosity are good not only for mental health but also physical well-being. According to several studies, they also can lower blood pressure, improve self-esteem, decrease stress, and boost life expectancy.

Giving Benefits Others

It seems so obvious that giving generously to others directly benefits others, but this is often the last benefit we consider when choosing to give.

Giving to others goes far beyond financial benefits. Hope and faith in others have a more lasting impact, in many cases, even after the money has been spent. The emotions which result from acts of giving, for both the giver and the receiver, are valuable in ways which cannot be measured in isolation. The following video is a poignant reminder.

A Call to Give

During this fragile time, in which holiday spirit and cheer may fail to counterbalance a climate of fear and worry, humble yourself and demonstrate giving and generosity to your fellow man. Increase your annual holiday donations. Volunteer your time and talents to serve those who are less fortunate. Foster goodwill by paying for the coffee for the driver behind you in the Starbucks line. At our cores, we are not much different from one another. When you give, you better yourself, improve your financial management, and close the gaps which divide us all.


How do you give to others? How will you be generous this holiday season? How do you feel your giving and generosity benefit others?

How Much Hustle Is Too Much?

These days, it seems there is a widening gap in our country. No, I’m not talking about the gap between Hillary and Donald supporters, though that gap may continue to grow even as the country attempts to unite under a Trump presidency. The gap I am referring to is the gap between those who hustle and those who do not; those who work multiple jobs and those who barely work at all; those who apply some elbow grease and those who dally; those who apply themselves to the fullest and those who lead a lackadaisical life of leisure.

Let’s call them The Hustlers and The Spectators.

These two groups are what we might label diametrically opposed; one values pushing oneself to the limits in search of accomplishment, while the other seeks to avoid so at all costs.

I’ve found myself in both camps at distinct times in my life. While it’s worth noting that we all go through natural seasons in life, sometimes the life of a Hustler or Spectator is a conscious choice. We weigh the benefits of both paths and choose to reap what appears to be the most enticing rewards. Sometimes life decides for us.

For the sake of discussion, let us simply define a Hustler as one who engages in one or more of the following:

*Works more than 40 hours per week

*Holds more than one job

*Actively seeks side jobs and extra gigs to earn additional money

For the most part, I am surrounded by Hustlers. Teachers seem to be routinely bashed as glorified babysitters by those on the outside, but they are among the hardest-working and most-underpaid professionals. Most bloggers manage to squeeze out time to remain dedicated to their craft despite other full-time work, family demands, and the ever-present call to rest. And let us not forget the hardest workers of all, mothers, who are always on the clock.

This saturation of hustle all around me has provoked a great deal of thought over the past several weeks. It has led me to ask an important question:

How much hustle is too much?

When it comes to a side hustle, we weigh the benefits and choose the most rewarding path. But how much hustle is too much?

The Benefits of Extreme Hustle

Last week, from Thursday morning until Sunday evening, I found myself in either work mode or sleep mode. My time was used very efficiently: work at the day job, real estate showings, phone calls, scheduling, and a charity event. Much to my disappointment, I didn’t have time to devote to the blog.

Some may consider this use of time to be a bit extreme, but I see many benefits of this brand of extreme hustle:

*Less time to blow money on stupid things

*Increased opportunities for fulfillment

*The chance to make a difference for others

*Remain mentally sharp even as you age

The Downsides of Extreme Hustle

On the other hand, to be transparent, I was running on fumes by the time Sunday evening rolled around. All of the hustle and bustle had finally caught up with me. Fortunately, I have always been able to adapt and recover quickly after burning both ends of the candle. Others may not recover so quickly, leaving them susceptible to the downsides of extreme hustle:

*Too much stress

*Decreased happiness if your hustling does not align with your gifts and interests

*Less time for family, recreation, community engagement

The Answer

As with most questions related to personal finance, the answer is best decided by the person who matters most: you.

I believe everyone should have a side hustle these days, as the benefits outweigh the negatives. But exactly how much time should be devoted to that side hustle is a very personal matter.

Working too much can actually be bad. We all have our limits. It takes a sadistic person to torture himself with never-ending work. It should not be a point of pride to be too busy to do anything other than work, eat, shower, and sleep, in my opinion.

Four Signs You’re Doing Too Much

A) You forget things- a lot.

B) You have lost touch with most of your closest friends.

C) You have rearranged your personal schedule for work multiple times in the past month.

D) Your efficiency severely lags. If you find yourself frequently multi-tasking (which has been shown to be a myth), it might be time to re-evaluate your level of hustle.


Readers, how much hustle is too much? How do you evaluate your use of time?

Money and Marriage: How to Talk About Money With Your Spouse

When it comes to money and marriage, a system of communication is vital. Money fights remain a leading cause of divorce, but there is hope! Read on and learn how to (and how NOT to) talk about money with your spouse.One year prior to marrying Mrs. Superhero, I became a gung-ho personal finance enthusiast. For the next several months, I ate, slept, and breathed money. I read financial books in my spare time and listened to podcasts during my two hour round trip daily commute. Just for fun, I began watching the now defunct Dave Ramsey Show on Fox Business and The Suze Orman show on MSNBC.

At the time, I had just started my first job teaching elementary school music. I lived with a roommate, drove a 2000 Ford Taurus with nearly 200,000 miles, and lived on a reasonably frugal budget for a bachelor. The soon-to-be Mrs. Superhero was completing her senior year and preparing for a similar career teaching music.

Call us old-fashioned, but we made it a priority to attend pre-marital counseling during our engagement. At our first meeting, the pastor who planned to officiate our ceremony asked us both to complete a brief questionnaire in order to develop a priority list for our sessions.

Not surprisingly, we both scored very highly in the area of personal finance. The soon-to-be Mrs. Superhero is a natural saver, and my near-obsession with personal finance had contributed to her gain of my new-found knowledge by osmosis. After asking us both if we had ever heard of Dave Ramsey or his book — we both had done so — the pastor informed us that we would be “fine.”

In reality, we weren’t going to be “fine.”

A storm was already brewing.

The First Money Talk

I will always remember our first family budget meeting. Shortly after our honeymoon, we sat down among stacks of moving boxes at the old oak dining room table in our rented townhouse. I was excited to do some intense number crunching, formulate projections, and dream about our future as husband and wife. To say I had preconceived notions about how this meeting was going to go would be an understatement.

We began the meeting by reviewing the state of our current emergency savings. Mrs. Superhero’s eyes lit up as we pored over the numbers; not because they were terribly high or impressive, but because she had worked and saved up $2,000 of our emergency fund during the past year, all while taking 19 credit hours, practicing flute and piano for hours and hours each day, and performing in the university orchestra and band. Never one to allow my agenda to be interrupted, I stated that we needed to boost our meager savings as soon as possible.

Next, we reviewed the budget I had put together the day before. I had pre-determined every single dollar of spending on paper and presented each category one-by-one in a very matter-of-fact manner. Mrs. Superhero listened intently, and when I had finished my review, I asked if she had “any questions.” Sensing the rhetorical nature of my question, Mrs. Superhero said “no.”

At this point, I’m sure I was feeling quite proud of myself for directing such an efficient meeting, so I moved to wrap-up the meeting and continue unpacking. Mrs. Superhero sheepishly agreed. Meeting closed.

In hindsight, I had no idea how to talk about money with my spouse. I could talk at her about money until I turned blue in the face, yet conversing with her hadn’t even entered my radar. There wasn’t much authentic communication happening.

Compounding Irritation

When it comes to money and marriage, a system of communication is vital. Read on and learn how to (and how NOT to) talk about money with your spouse.Prior to our marriage, I was genuinely excited about the merger of money and marriage. Call it naivete or wishful thinking, but I had no idea that it would be a challenge. A few months into our marriage, I thought things were going well. Mrs. Superhero had graduated in December and secured a long-term substitute teaching position for the spring. At our next budget meeting, I naturally came prepared with spreadsheets and figures illustrating how I had planned to utilize the coming increasing in our budgeted income. Though I deserved it, I was not prepared for what was about to happen next.

In no uncertain terms, Mrs. Superhero informed me that she had gone along with my “control of the budget” so far, but now she wanted a voice in the budget process. Immediately, I went on the defensive and argued that she had always had a voice in the process. As you can imagine, the conversation’s quality quickly eroded from this point.

How to Talk About Money With Your Spouse

Thankfully, Mrs. Superhero and I have grown in our ability to talk about money. We understand each other better with each passing year, and our need to discuss our finances in detail has greatly diminished. We have a system to keep our money and marriage on track.

This system took time to develop. It required an understanding of our individual financial inclinations and values. Once we came to a collective understanding — that I enjoy and value sensible stewardship and planning ahead and Mrs. Superhero values financial security and balancing the priorities of the future with today’s needs — we were well on our way toward happiness.

Money and Marriage – The Wrong Way

Needless to say, however, I made several mistakes early on, and they were damaging to our money and marriage. I have done things “the wrong way,” and it was damaging and discouraging.

1. Overuse the words “I” and “you” when discussing money.

Speaking these words frequently when discussing money is a sure fire way to create a divisive conversation. You will cause your spouse to become standoffish or even adversarial when the topic of money arises.

For example, “You spent too much money at the grocery store” and “I need a newer car” are two phrases which I actually spoke during early budget meetings. The words “you” and “I” super-charged these conversations with negative emotions. They made my wife defensive about her shopping and concerned about future spending on a vehicle.

2. Keeping your financial lives separate.

I know this will be a sticking point for many readers, but it is imperative that you and your spouse join your accounts and view your assets and income collectively. Separating money is a sure fire way to create silly fights and senseless drama. It also serves to unreasonably highlight whether one spouse is the primary breadwinner. When you decided to marry and merge your lives, you pledged to be partners, not competitors.

I believe this idea also includes the mental separation of income by source. When the primary earner holds that fact over the other spouse’s head, a fight is sure to follow.

3. Hiding debt or assets from your spouse. 

Before you marry, it is time to let all of your financial skeletons out of the closet. If you have bad debts from years of betting on horse racing, it’s time to come clean. It’s also time to share that you inherited $150,000 from Aunt Rosie. This kind of behavior is common, and it’s toxic to your marriage; according to a CreditCard.com survey, approximately 6 million people have concealed financial accounts from their spouse. Be honest so you can work together to clean-up bad debts or wisely formulate a plan for large sums of money or other assets.

Thankfully, I never had odd debts (or assets, unfortunately!) to hide.

Money and Marriage – The Right Way

1. Identify your common ground for your vision of the future.

If you’ve never done this before, it is easy. Take out a sheet of paper and a pen, and begin listing how you envision your future at various stages in life. How many kids will you have? Where will you live? Will you travel frequently? Will you support your children through college? Will you both work full-time? For how long?

The answers to these questions will provide common ground for the goals which meet at the intersection of your marriage and money; they will help you answer the “why?” questions which may arrive as you plan your financial affairs.

2. Learn to speak your spouse’s financial language.

When I finally realized that Mrs. Superhero values future security and balancing the priorities of both today and tomorrow, I learned how to frame financial discussions in a manner which actually matters to her. Now that our discussions include these perspectives by default, we are making better decisions which align with our collective goals.

Perhaps your spouse is a numbers person. Maybe he or she responds better to be emotional appeal. It is your job to discover their financial language and communicate in a manner which is meaningful yet non-manipulative.

3. Honor each other’s wishes as your circumstances allow.

This can be a difficult step for many people, especially for Extreme Frugalites, but it is important to give and take for the sake of your spouse. I, for example, have no desire to add to my already-fine wardrobe of slacks, jeans, button down shirts, polos, and t-shirts. But Mrs. Superhero enjoys purchasing a few new clothing items each month. Similarly, I enjoy trying new and interesting imported and craft beer. Neither of these indulgences is significant enough to derail us from goals, so we have learned to appreciate the little things which make each other happy.

Final Words

While the advice in this piece is designed to promote harmony between marriage and money, in the end, I must be clear: our marriage is far more important than any financial concerns, goals, or dreams which may fill our minds and hearts. It is easy to lose sight of this priority in the heat of the moment, but over the long haul, Mrs. Superhero and I have been successful in our marriage and money because the latter ALWAYS takes the back seat to the former.


How do you ensure a healthy relationship between marriage and money? How often do you and your spouse talk about money? How do you stay on the same page with your plans, dreams, and goals?

A Life of Excess is a Life of Weakness

I spent half of last week in the city which is the poster child for a life of excess: Las Vegas, Nevada. This was my first trip to Sin City, as it is called, and my wife and I had a good time.

We didn’t gamble (gasp!) or stay up all night (blasphemy!). We enjoyed our kind of vacation, which means we spent a very un-FinanceSuperhero-like amount of money on meals and shows. We had fun and paid for the trip with cash. It was relaxing.

However, if you’ve been reading articles on this site for a while, you know that every moment for me is a cerebral experience which leads to critical thought and analysis.

It is human nature to believe and act as if a life of excess will make us happy. In reality, living a life of excess often leads to exactly the opposite.

Over the course of three days and nights, I took in the sights, sounds, and smells around me and learned a lot about the world. I reclined on a plush, poolside chaise lounge and observed other resort guests joyfully playing black jack at one of several swim-up bars. In the afternoon, I marveled at other vacationers’ massive 50 ounce margaritas as they passed us on the street. And at dinner, I enjoyed the festive atmosphere as patrons dined on creations by chefs Gordon Ramsey, Bobby Flay, and others.

In the midst of this vacation, in which I was supposed to be enjoying time off from work and letting loose, I couldn’t help but notice a prominent trend: Excess did not make me as happy as I thought it would, and by all indications, it didn’t make other people happy, either.

While laying by the pool, I didn’t feel any happier than normal. In fact, by the third day of vacation, I began to resent rest and relaxation. After enjoying a couple over-sized pina coladas myself, the novelty lost its allure. And by the time we sat down for breakfast on our last day of vacation, there was little discernible difference between the food I was supposed to be savoring and a ho-hum bowl of Cheerios.

Others did not appear immune to the effects of excess. The enthusiasm and smiles from the same group of folks cavorting at the swim-up bar had strangely vanished just a few days later. Sunday morning in Las Vegas showcased a palpable difference in energy and happiness, and it wasn’t just because half of the guests on the strip were hungover from a night of partying into the wee hours of the morning.

Near the end of the trip, I grasped the reality of the situation:

It is human nature to believe and act as if a life of excess will make us happy. In reality, living a life of excess often leads to exactly the opposite.

This trip wasn’t the first time I experienced this phenomenon, and I’m sure you’ve experienced it for yourself, too. If we’re honest with ourselves, we feel the effects of “the letdown” following the excess of holidays, birthdays, and even weekends. It hits us after our favorite team wins a championship, our children get married, and we get that big promotion. It’s that nagging voice in our heads which asks, “OK, what’s next?”

So why exactly does a life of excess, or even fleeting moments of indulgence, fail to satiate our desires and make us happy? Why does dry-aged steak begin to taste like ground round after only a few days? Why can’t we seem to reach a lasting state of fulfillment?

Our outlook on happiness is all wrong.

The Roots of Excess

For centuries, man kind has toiled away to develop a laundry list of modern conveniences which are supposed to simplify life, make living easier, and increase happiness. Yet in many ways, we are more miserable than ever before.  These modern “conveniences” have relegated many of us to the role of consumer, while life experience and plenty of research show that producers are happier.

We have raised the bar to unsustainable levels. In doing so, we have removed the elements of competition, growth, progress, and striving for something new. This leaves few avenues by which we can seek fulfillment, so we look to food, entertainment, or perhaps the bottle. And we’re befuddled when these pursuits don’t provide lasting happiness.

Happiness brought on by a life of excess is only temporary. We might be happy for a short time after moving into that new house with two bathrooms for everyone or buying that new watch on Amazon, but that happiness will fade.

On face value alone, things are things and experiences are experiences. Most are neither intrinsically good nor bad. Strangely, excess has a way of transforming neutral things into bad things. It transforms what may otherwise be good things into weakness.

When you buy a five ton, gas-guzzling SUV in order to drive your two kids to school and back on paved roads, your excess is weakness. When you swing through a drive-through for a burger and fries when you have ingredients for a far more delicious meal at home, your excess is weakness. When you go on a shopping binge at Lularoe online, your excess is weakness.

I’m not advocating for stoicism or minimalism in this space. I am calling for moderation.

The Benefits of Moderation

Ditching a life of excess and adopting a life of moderation is not easy. The desire to keep up with the Joneses, the fear of missing out, and common insecurities trick us into believing that excess is the key to happiness.  Our minds may realize otherwise, but our hearts are deceiving.

By choosing to embrace moderation rather than a life of excess, we can enjoy the following benefits:

*The ability to enjoy experiences at face value
*The adoption of realistic expectations
*Greater fulfillment and gratitude for what you already possess
*Increased likelihood that you will give and help others. An excess mindset prompts most people to horde wealth like a pack rat. Moderation, on the other hand, encourages people to exercise all of the benefits of money, including helping others. After all, if you’re not generous with a dime out of a dollar, how will you be generous when your net worth reaches one million dollars?

Next steps

If you find yourself clinging to hope that reaching “the next step” is going to bring you happiness, reflect and consider whether you are currently living a life of excess. If you continue to search for happiness and fulfillment in all the wrong places, you will continue to be unhappy and unfulfilled.

Roll up your sleeves, get to work, and fulfill a purpose. It is in these moments that I often find fulfillment and happiness, and I believe it will work for you. Ditch a few of life’s excesses, get out of your comfort zone, and experience all that life has to offer.


How do you measure happiness? Is your vision of happiness tied to excess? What makes you most happy?

Should I Go to Grad School? Start by Asking the Right Questions

Today’s post – Should I Go to Grad School? – is contributed by Paul Andrews over at The Code to Riches, a website dedicated to making personal finance as interesting/funny as possible.

Should I go to grad school? The answer to this question may be more complex than you think, as it involves a number of factors.

Your 20’s are/will be littered with an insufferable amount of annoying questions that society will rain down upon you like a storm of toads.  “When are you going to settle down?”, “Why haven’t you found a nice guy/girl?”, “Why haven’t you proposed yet?”, “You’re going to take a year off and do WHAT?!”, “You really should do X because I know of someone who did that and apparently a singular anecdote is enough to constitute valid advice…” and the list goes on.  And of those societal pressures, there’s one that actually has some merit.  You will, at some point, ask yourself the question, “Should I go to grad school?”

After all, you’ve heard all about the statistics about how much more money you’ll make.  You’re still a relatively young grasshopper, and should be able to reap the benefits for another 30 years during your career.  And you’re not ashamed to admit that you’d feel like a cool ass muthuh fuckin’ baller with a J.D., MBA, or PhD at the end of your name.  But with the tons of different degrees you can get at the literally THOUSANDS of schools around this country, how exactly do you go about answering, “Should I go to grad school?”

That’s where I come in, my darlings.

Today is all about giving you a solid framework so you know exactly how to evaluate your options when it comes to grad school.  By the end of this epic anthology article you will be able to answer

  • What degrees make sense financially?
  • Is now a good time for me to pursue another degree?
  • Will this degree help give me what I want out of life?

The Basic Framework

via GIPHY

Let’s figure this out…

In light of the fact that I’m a personal finance blogger, I’m going to make this framework very similar to any other investment that I would make.  Here are the three things we need to make sure that our educational investment is sound?

  • What resources are being put in? – You need to be 110% aware of ALL the resources you’re putting into getting your degree. Like you should obsess over this more than a troop of 16 year-old girls obsessing over pumpkin-spiced anything’s, more than the gym-douchebag who’s more focused on looking at himself than actually working out, more than Quagmire about… well, I think you get the point.
  • What resources will be put out? – What exactly will you get out of your degree? Will you attend Yale and become part of the Skull and Bones Society?  Will you attend your local state school in order to not dive into an Olympic-sized swimming pool of debt?
  • Soft Factors – We can all sit here and pretend like this shit doesn’t matter, but I don’t write for robots; I write for peeps. Will job you get with your degree make you happy? Will you be fulfilled by the track your degree sets you on? Will it allow you to jettison all over the world and be a veritable mac-daddy?  Will it give you the “wow” factors from others you’ve so desperately craved ever since your parents didn’t attend your 6th grade graduation…

Should I go to grad school? The answer to this question may be more complex than you think, as it involves a number of factors.

Sorry, that was a little harsh.

Passive-aggressive comments aside, these are the overarching themes we’ll be using to evaluate whether you should move on in your academic life…

Resources Put In

Half of the profitability of any investment is made when you buy.  Or in our case, apply for loans or write a check to the university.  But there is lot more that goes into obtaining a graduate degree than just “money”:

  • TIME – This bad boy is first because it is, without a doubt, the most important resource you will put into your degree. Before attending grad school, the first question you need to ask yourself is, “Am I really willing to give up 1-4 years of my life to do this?” Bear in mind, these are not just some random years out of your life.  These are the years when you can run up and down Las Vegas Blvd half-naked and have it almost be acceptable.  The years that you can sleep around, drink, travel, get terrible tattoos in terrible places, and submit yourself to general debauchery and generally have it written off as “youthful exuberance”.  Are you willing to give up a solid chunk of that time for grad school?
    1. Remember, you’re not only giving up those years of fun while you toil away at papers/labs/case studies, but you’re also giving up a TON of salary while you’re in school. That $50,000 you give up per year while in law school? That counts as $150,000 that you DON’T have.
    2. If you’re answer is anything but an over-enthusiastic YES, then you have no right cutting out some of the best years of your life because mom/dad/family/friends/society says you HAVE to go grad school.  Fuck the haters, y’all.
  • TUITION – This one is pretty obvious. You have to know how much the tuition is going to be for each year that you’re going to be attending.  If you don’t know how much tuition is going to increase, look at the last five years of tuition.  Take the average percent increase, and forecast that into the future.  This could easily be $5,000-$20,000, so it’s an important number to know.
  • LIVING EXPENSES – Again, somewhat obvious, as you’re going to have to know how much it costs to live wherever your school is. And most schools will post an estimate of how much it costs to live in their given city.  My suggestion is to do your own research.  Why? Because the school’s website’s job is to convince you to apply.  But if you’re going to be dropping a few extra thousand a year just to live/eat somewhere, that’s information that you need to be specific, not just an estimate.
  • UNFORESEEN EXPENSES – There are TONS of expenses that you might not even see coming while you’re in grad school, but here are a few that come to mind:
    1. Engagement/wedding – This is a tough one, because most marriages occur around the same age as when most people are in grad school. Guys, what if you need to buy a ring while in grad school?  Money can dry up real quick when it comes to getting married.
    2. Pregnancy – I think the only thing scarier than dropping $60k on business school, or law school, is dropping that amount for a year or two and not finishing… might be worth keeping your promiscuity on the DL while in grad school…
    3. Failing a class – What if you fail a class and need to retake it? What if you don’t pass the bar, or your qualifying exams while doing a PhD? This needs to be budgeted/planned for, just in case.
    4. Tech failure – Drop your phone? Computer gets stolen? Get rear-ended by a stupid, albeit cute and charming, driver? Have you budgeted for these unforeseen instances?  If you didn’t, you’ll wish you did when they hit you out of nowhere like your 5th grade bully.

via GIPHY

It might start to feel like this…

Ok, so now we have some idea as to what’s going to go into your degree.  Obviously, it’s going to take a little bit more than your blood, sweat, and tears.  But that’s the not fun part.  Let’s look at what’s going to happen once you graduate…

 

For the other half of the article, head on over to TheCodeToRiches !

How to Reinvent Yourself and Improve Your Life

This article, “How to Reinvent Yourself and Improve Your Life,” is the fourth installment in the Lessons From the Gridiron Series. You can read previous installments by following the links below:

Uncommon Lessons From an Uncommon Coach – Part One

The Truth About Money and Happiness

Uncommon Lessons From an Uncommon Coach – Part Two

 

How to Reinvent Yourself and Improve Your Life

The batter confidently and calmly strode to the batters box. He dug his cleats into the dirt, settled into his stance, and awaited the first pitch. The pitcher delivered a pitch down the heart of the plate, and moments later, the ball sailed over the fence just left of dead-center field.

One at bat. One pitch. One home run.

Life is not always kind. When adversity - stress, debt, pressure, or a bad job - slams the door in your face, you can give up or choose to reinvent yourself and improve your life. Don't give up! These tips will help you find your strengths, reinvent yourself, and be happy!The small crowd cheered as the batter rounded the base paths and pumped his fist. The rest of the team poured out from the dugout and mobbed the batter.

It was a moment that occurs with regularity during a baseball game, yet this home run was different, monumental even.

It had been launched by Heisman Trophy winner and former-NFL quarterback Tim Tebow.

Reinvention: From the Gridiron to the Diamond

Set aside any personal feelings of ambivalence you may have for Tim Tebow for a moment and appreciate the facts of the previously described sequence of events. Tebow, a polarizing athlete, broadcaster, and public figure, had just homered in his first professional baseball at-bat.

Yes, he is playing an instructional league. Yes, the competition is non-elite. But to reinvent yourself in the manner that Tebow did in that moment is a remarkable example.

reinvent-yourself-tebowTebow last played competitive baseball approximately twelve years ago as a high school junior. Ever since hanging up the baseball mitt at that time, his life has been focused on football. He achieved tremendous success during his collegiate career at Florida, where his performance on the gridiron indicated that he was destined for a long career in the NFL.

Yet, aside from a handful of special moments, Tebow struggled to live up to expectations as an NFL quarterback. Though he displayed unquestioned grit and toughness, questions about his passing ability loomed large. After being traded from the Denver Broncos to the New York Jets, Tebow struggled to fit. Over the next few seasons, he bounced from the New England Patriots to the Philadelphia Eagles.

To his credit, Tim Tebow never stopped trying to succeed as a football player. Though he is now pursuing a baseball career, we may not have seen the last of Tim Tebow under center on the gridiron.

When Adversity Strikes, Reinvent Yourself

Despite our best efforts and intentions, life will not always be kind to us. When adversity rears its ugly head and slams doors in our faces, we can give up or choose to pursue a new path. The following steps can put you on the path to reinvent yourself.

1. Identify and apply transferable skills. Each person is unique and possesses abilities and skills which are transferable in nature. Tebow is attempting to transfer his strength and overall advanced athletic abilities from the gridiron to the diamond. Likewise, a downsized IT sales team leader may attempt to utilize his charm, emotional intelligence, and negotiation skills to reinvent herself as a real estate broker. Or perhaps a teacher who is an expert communicator and problem solver may seek to reinvent himself as a life coach.

2. Determine your values and passions. While transferable skills make indicate your values and passions, it is possible that your former career was holding you back from your best contributions. When life gives you lemons, don’t instantly look to make lemonade. Pause and take stock of the situation. Ask yourself how you arrived at this current place. Examine your options. This is an opportunity to do what excites you! Perhaps you will choose to make lemon meringue instead.

3. Find a mentor. Learning from a mentor is one of the best ways to reinvent yourself. If you are sincere, hard-working, teachable, and dedicated, you will find a mentor who is willing to invest in you. Later, you can pay it forward by mentoring someone else in their journey.

4. Tap into your network. While a mentor will be integral to your successful transition, one person is not sufficient. Reach out to everyone you know and share your plans with them. Articulating your position, hopes, and dreams will not only open up opportunities, but it will also help you clarify the path ahead of you.

5. Be patient and resilient. Times of transition can often be the most trying times. Success is not often something to be found overnight. When Steve Jobs left Apple in 1985, he initially struggled to find success despite his undeniable skill and brilliance. In 1986, he funded the The Graphics Group, which later became known as Pixar. This group eventually created the hit feature Toy Story and was later purchased by Disney, in turn making Jobs the largest Disney shareholder. This is just one example of the power of patience and resilience in attempting to reinvent yourself.

6. Stop at nothing to reinvent yourself until you succeed. Tebow kept trying and kept searching even when things didn’t go his way on the football field. He played alternate positions, stayed ready, and made the most of his opportunities. When this didn’t work out, he pursued other paths such as broadcasting. Now he is giving baseball a try, playing for the New York Mets instructional team.

7. Embrace past failures and learn from them. Failure need not lead to embarrassment . We all fail. Take your lumps, learn from the experience, and move on.

8. Project confidence. When trying to reinvent yourself, you will experience doubt and hardship. Sometimes, you may have to fake it until you make it. But if you display a lack of confidence, it will show. Create a list of your skills and best qualities and review it on a daily basis. Keep a copy in several places around your home, office, or maintain a digital copy on your phone.

Winning Time

A journey of a thousand miles begins with a single step in the right direction. That direction may change over time. When it does, remain bold and view hardship as an opportunity.



In what ways have you had to reinvent yourself? Personally? Professionally? Financially? How did you do it? 

Entrepreneur or Employee – Find Your Best Career Path

What factors determine whether YOU are a better fit to be an entrepreneur or employee?

For more than four decades, my Grandpa awoke at the crack of dawn each morning and headed to work. He was an employee of Continental Motors, one of the largest producers of engines in the first half of the 20th century. After his hours of service as an employee, Grandpa underwent a daily transformation into an entrepreneur in a matter of minutes. While many of his co-workers went fishing or retired to their homes for the day, Grandpa could be found painting, flipping vehicles or utility trailers which needed repair, or even helping operate the family market. Grandpa likely never paid any thought to whether he should be an employee or entrepreneur; why choose just one role when he could pursue both?

I think of Grandpa’s example often when contemplating life as an entrepreneur or employee. He was a rare individual who could successfully manage both pursuits while remaining the ultimate father and husband.

The world was different in the 20th century. Yet today, as it did in the past, life as an entrepreneur or employee offers distinct advantages and disadvantages. This is especially true in today’s competitive, rapidly  changing marketplace.

Many factors determine whether you are a better fit to be an entrepreneur or employee. Your mindset, goals, personality, and habits are good indicators.

Personal Perspective

What qualifies me to write about the advantages and disadvantages of being an entrepreneur or employee? I’ve lived both lives in the past, and I’m currently living them now. I am a public school teacher by day, a real estate agent in the afternoon, and I run FinanceSuperhero at night. I have experienced the joys and sorrows of being “the boss,” being an employee, and being my own boss.

What does all this mean?

You’re going to get straight, no frills insight.

The Entrepreneur Advantage

As an entrepreneur, you are in the driver’s seat 24 hours per day, 7 days per week, 365 days per year. Your business depends solely upon you, your vision, and your leadership. You are in full control.

An entrepreneur rarely faces the same slate of challenges day in and day out. In the role of entrepreneur, you will be the lead agent of change and growth of your business. Each day is unique. 

Furthermore, you possess the ultimate freedom to do as you please with your business. You are the lead creative genius. You may set your own agenda, work hours, and timelines. The world is your office, in many cases, so you can work anywhere!

Lastly, your profitability and earnings are largely determined by the success of your business. If you’re business thrives, there is often a direct correlation in growth of your income. Hard work typically pays off.

Employee Perks

As an employee, you find yourself in a world which is much more defined. Your job description, responsibilities, work hours, salary, insurance benefits, and retirement plans are all established when you are hired. These benefits are typically stable.

As a result of such definition, each day often follows a routine structure. Meetings, projects, and other tasks are assigned to you. Work is more predictable.

Additionally, the life of an employee often offers increased opportunities for collaboration and the development of relationships. Over time, you and your colleagues may develop strong working relationships. You may even be able to depend upon them in times of need.

Entrepreneurial Annoyances

While life as an entrepreneur has its benefits, the disadvantages are also plentiful. When you are in control of your business, the only throat to choke when something goes awry is your own. For some, this responsibility is a heavy burden to bear.

Many factors determine whether you are a better fit to be an entrepreneur or employee. Your mindset, goals, personality, and habits are good indicators.The entrepreneur also faces a bevy of additional challenges:

*Remaining competitive in a changing marketplace

*Building and maintaining a client base

*Marketing and branding the business with sensitivity to return on investment

*Maintaining focus and direction while being pulled and stretched at all times

*Maintaining personal relationships and boundaries

Employee Blues

Of course, life as an employee is not always full of rainbows and butterflies. You may be forced to deal with the insufferable demands of a clueless boss. Inefficiency in your department may create more work for you at every turn. Perhaps there is little motivation or financial incentive for you to work harder or increase your production.

Entrepreneur or Employee – Which is right for you?

I am a firm believer that your initial reactions to the above advantages and disadvantages of being an entrepreneur or employee, respectively, may be a great indicator of which role is right for you. For example, if the thought of being in full control scares you more than it excites you, perhaps the role of entrepreneur is not right for you. Similarly, if the idea of predictable, structured work sounds like a scene from Dante’s Inferno, perhaps the role of employee is not right for you.

With a few exceptions, the following personality characteristics, mindsets, habits, goals, and preferences may help you find the role which is best for you.

Entrepreneur Characteristics

*Highly-motivated to start new endeavors (A “Go-Getter”)

*Hard-worker

*Self-driven and motivated

*Mindset which asks “What’s next” and “What is it time for now?”

*Willing to make mistakes and learn from them (An entrepreneur always embraces failure!)

*Recognized by yourself or others as a “Jack of All Trades,” or a generalist

*More likely to have friends in all walks of life and professions

Employee Characteristics

*Enjoys following directions and orders to complete tasks

*Patient and accepting in the face of occasional mistreatment (your job depends on staying in line and doing what you’re told in most cases, yet this does not bother you)

*Values the safety of a guaranteed hourly rate or salary

*Fears mistakes and strives to maintain the status quo

*Tendency to be a specialist vs. a generalist (highly-trained in a specific niche)

*More likely to associate with people similar to them in lifestyle and professions

Entrepreneur or Employee – The Final Decision

Lee Eclov, pastor, author, and one of the wisest teachers I have ever known, is fond of reminding people to paint with the colors they are given. This metaphor is not only applicable in the context of ministry or other public service – it is equally valid in the business world. We should all strive to recognize our natural talents and abilities and seek to maximize them, whether we are an an entrepreneur or employee.

Ultimately, the choice to be an entrepreneur or employee – or both – comes down to knowing and honoring yourself and your abilities. Seize the opportunity that fits you best and aligns best with you, your values, and your goals. As Dave Matthews wrote,

Make the most of what you’ve got
Don’t waste time trying to be something you’re not
Fill up your head & fill up your heart, take your shot
Don’t waste time trying to be something you’re not


Are you an entrepreneur, employee, or both? Do you feel you are in the role which best suits you? If money were not a consideration, what would be your ideal role?

If you are interested in quitting your job as an employee to become an entrepreneur, don’t quit – engineer your layoff by following the tried-and-true advice of FinancialSamurai. 

The Link Between Money and Behavior

The suggestion that money and behavior are forever linked is likely to elicit some very strong opinions on both sides of the debate. A majority of people base their position upon personal experience, as is the case with many debates.

Many people argue that wealthy people lack compassion and therefore do not behave charitably. Others protest that wealthy people make the vast majority of charitable contributions. The trouble is that both arguments are equally valid depending upon one’s perspective and specific circumstances.

Is there a link between money and behavior? The answer may surprise you.

Money Augments Existing Character

In 1940, during the early stages of WWII, a businessman acquired a company nicknamed “Emalia.” The company produced enamel cookware for the nation’s military. This businessman initially sought the cheapest labor available in an effort to maximize his profit margins. An already wealthy man appeared to grow even wealthier in the process.

When the violence and destruction of war threatened the well-being of his operation, the businessman sought government support to move his factory to another location. Many of his cheap laborers were rerouted to alternate locations, which caused the businessman to endure great financial loss to regain his labor force.

Following the factory relocation, Emalia ceased production of enamelware and began producing artillery shells to support the war effort. When the military questioned the factory’s low output of useful artillery, the businessman began purchasing finished inventory on the black market and reselling it as his own.

When government appointees caught on to this businessman’s deception, he sought their silence and secrecy through bribery. By the end of the war, this businessman had spent his entire fortune – reportedly in excess of $1 million – on relocation, bribes, maintaining his “cheap” workforce, and the purchase of black market goods.

Who was this man?

Oskar Schindler.

Schindler exemplified a positive connection between money and behavior.
Oskar Schindler (Credit: OskarSchindler.dk )

To Nazi sympathizers, Schindler was a traitor and war criminal who used his wealth to defy his political party and commit despicable acts of cowardice. To the rest of the world, he was a noble hero who, despite his flaws, used his position of wealth to save the lives of an estimated 1,200 persecuted Jews.

Despite living a life of drunkenness and adultery, Oskar Schindler’s vast wealth amplified his character and led him to risk his entire fortune, even his life, to save the lives of Jews. In his case, we may observe that money changes behavior for the better by bringing out a person’s true colors. After all, Schindler did what he was best at – lying, swindling, cheating, and bribing – while nobly sacrificing his wealth to save lives.

 

In the end, neither Oskar Schindler’s money nor behavior alone would have been enough. It was his money and behavior which saved the lives of Jews.

Admittedly, this is perhaps an extreme example, yet it provides a memorable illustration of an important truth: money augments existing character.

Money Does Not Change Everyone

For many people, money and behavior are linked, and often with negative consequences. However, money does not change everyone. Most of us learned this lesson at a very young age through literature and film. I learned it through a reading of Roald Dahl’s timeless book Charlie and the Chocolate Factory and the 1971 Gene Wilder film Willy Wonka and The Chocolate Factory.

As you may recall, the film version takes liberty with the character of Arthur Slugworth, a candy-making rival of Wonka. Slugworth attempts to bribe all of the children who find Golden Tickets into providing him an Everlasting Gobstopper so he can uncover the secret formula and ruin Wonka forever. When Slugworth encounters our protagonist, Charlie Bucket, in a dark alley, he provides Charlie’s first test of character.

“Now listen very carefully because I’m going to make you very rich indeed… So all I want you to do is get a hold of one Everlasting Gobstopper. . . Think it over, will you? A new house for your family. Good food and comfort for the rest of their lives.”

Charlie and Grandpa Joe enjoy a fanciful visit to Wonka’s chocolate factory, and at the end, Willy Wonka probes Charlie for a link between money and behavior. After being informed that Charlie has lost his right to a lifetime supply of chocolate due to stealing fizzy lifting drinks, an incredulous Grandpa Joe shows his true colors.


CreditGIPHY

“How could you do something like this, build up a little boy’s hopes and then smash all his dreams to pieces? You’re an inhuman monster. . . Come on, Charlie. Let’s get out of here. I’ll get even with him if it’s the last thing I ever do. If Slugworth wants a Gobstopper, he’ll get one.”

In a shining moment in film, Charlie Bucket displays an uncommon display of youthful character and returns the Gobstopper. Willy Wonka drops his act and whispers, “So shines a good deed in a weary world.” After apologizing to Charlie for putting him through a trying ordeal, Wonka reveals that “Slugworth” is really Mr. Wilkinson, a Wonka employee.

Yes, perhaps I have gone to the opposite extreme now in pulling an example from film, but Charlie Bucket’s example reveals that money and behavior are not linked in all people.

Three Steps to Build Positive Connections Between Money and Behavior

In light of the previous analyses, it appears to be reasonable to conclude that people should strive to maximize the positive connections between money and behavior while minimizing or eliminating altogether the negative connections.  Of course, this requires tremendous personal discipline, but I believe it can be done by actively seeking to apply the following three action steps to build positive connections between money and behavior:

1. Do not withhold money from those in need

While I won’t advocate that you give away your entire nest egg a la Oskar Schindler, I will challenge you to increase your charitable giving right away. Furthermore, when your income increases, increase your giving in corresponding fashion. For example, if you currently contribute 2% of your annual earnings to charity, be sure that you continue to contribute that same percentage after receiving a raise.

2. Do not find your happiness in money

Despite our human instincts which seek to convince us otherwise, there is not a linear relationship between money and happiness. Researchers have not yet established solid proof that money can or cannot buy happiness; in fact, research over the past ten years reveals that behavioral psychologists may be more divided on this issue than ever before.

Perhaps the link between money and happiness does not lie within how much money or how many possessions one possesses, but instead lies in purposefully managing the money  and possessions which pass through his hands.

3. Do not allow yourself to be defined by money

If you allow money to define you, you are constructing a fragile glass house. Instead, live a life of introspection and view any excess money as a means to make a contribution to society.

Conclusion

Ultimately, whether you allow yourself to develop negative links between money and behavior is a personal matter. Wherever you find yourself on the spectrum, from rags to riches or somewhere in between, money will always seek to bring out the best and worst in you. By allowing money to augment but not change your existing character, you will be well on your way toward cultivating the positive connections between money and behavior.


What have your personal experiences taught you regarding the connection between money and behavior? What challenges do you face in cultivating positive connections between money and behavior?

From Zero to Hero: Skills to Advance Your Life

Happy Friday, readers! The fact that you are reading this post means I have survived the first few days of school. The first few weeks are always a whirlwind of excitement and chaos for students and teachers, but they are fun, as well.

While I ease back into the school year and keep a pretty full slate with my side hustles, I am happy to host yet another excellent guest post.  Today’s piece comes from the one and only Mr. AE at Apathy Ends. If you haven’t checked out his site, I recommend you do so today. You can also follow Apathy Ends on Twitter and Pinterest.

The ApathyEnds logo
The Apathy Ends logo

Take it away, Mr. AE!


As you wade through life you move from the bottom of the ladder to the top. The kicker is, you are only on top long enough to enjoy the move for a brief spell before tumbling back to earth and starting from the bottom again.

The typical cycle looks something like this:

Freshman -> Senior ->Freshman -> Senior -> Entry Level Job -> Senior -> New Title -> Senior New Title

Rinse. Repeat.

The last two iterations can go on for 40-45 years; that sounds exhausting.

We have decided to break the above cycle and are pushing our way to the top of ladder, but plan on staying there for the majority of our adult life. Putting job titles, income, awards and acknowledgments in a bin labeled “crap I don’t care about” is the dream.

I don’t plan on looking back and saying “I was the Senior Master VP of Made Up Job at POS Corporation for 15 years.” I want to say “From this day forward, we will make our own decisions.”

To do this effectively, we need to be Financially Independent. Those words may mean different things to every one, but to me, they mean – Money does not dictate our decisions, we are not dependent on work to fund our lifestyle.

The irony is to accomplish this feat you need to be on your A game in many different areas, and unfortunately a traditional job is the vehicle of choice for most of us. Even though I do not enjoy my job, making more money is the fastest way for us to accomplish our goals. I am going to outline some skills that have increased our salary, cut our spending and paved the way for happiness.

Some Skills to Help you on Your Path

Solve problems

Be a problem solver, not a problem avoider, or worse a problem creator.

Remember that the easiest solution/method might be the right one. Organizations tend to overthink simple procedures and processes and make them way more difficult than they need to be. Install simplicity whenever possible.

Bring a solution to every problem you identify. I can’t emphasize enough how huge this is for your career and personal relationships. Employers don’t promote people that point out issues and don’t think about potential solutions. Effort will not got unnoticed and it is OK to be dead wrong occasionally.

Think Critically

The majority of my peers are Millennials, and critical thinking is not a widely used skill in our generation. Its not that we don’t posses the intelligence, it’s that we want to be told the answer now. This is a downside of the information age, we don’t take time to set out our options and weigh them against each other or potential outcomes.

Use fact or probability based evidence to support your outcomes whenever possible.

Learn To Live With Less

I know first hand how much “stuff” can start to clutter up a home. We went through a Decluttering Challenge and got rid of over 231 items that we simply did not need.

  • Hobby Equipment – Is there a pile of sports equipment in the garage going unused?
  • Square Footage – Have 3 of your 5 bedrooms turned into a glorified storage container?

An interesting thing happens when you rid your house of a bunch of stuff that cost money at one time. Whenever you go to buy something, your brain visualizes everything you got rid of and you second guess your purchases.

Seek Happiness – Destroy Stress

Money is a contributor to stress, the longer it goes unmanaged the deeper the hole you have to eventually dig out of.

One of the most ironic things I have observed is people will spend money on things that don’t make them happy and compound money stress by having less of it.

Try flipping the equation to only spending money on things that TRULY make you happy. It can be anything, I like craft beer, good food and a day on the lake. That means I cut out fast food lunches at work to eat 2-3 good meals at a new restaurant and a 12 pack of craft beer in the fridge at all times.

Don’t Care What Other People Think

Excluding your significant other and family/friends (I go back and forth on them some days) don’t waste time caring what other people think of your decisions. It is not a productive use of your time, energy or brain power.

Do what makes sense for your family and your goals. Don’t feel pressure to spend time or money on anything you are not interested in.

Take Away

There are a lot of things working against you and you may be working against yourself just as hard. You need to manage your money, time and resources effectively to get on top of the ladder for the long haul.

Take some time to separate what brings you joy and strategically cut out the rest. I don’t like Big Bang events, avoid cutting everything in one day. Spread it out over a few months and make sure your changes take hold.

Thanks for hosting today Mr. Superhero!

Thanks again to Mr. AE for his willingness to share a guest post, and be sure to check out Apathy Ends!