How to Avoid the Hedonic Treadmill
The hedonic treadmill can make you feel poorer even if you spend more every year. If you're on it, here's what you can do to get off it.
The hedonic treadmill can make you feel poorer even if you spend more every year. If you're on it, here's what you can do to get off it.
I've been telling people to live like a resident since at least 2011. But I do get pushback on it. Let me explain what it really means.
We didn't hold our monthly budget meeting for a while last year, so we had to do a little catching up. The spending totals were shocking.
Having children comes with biological and financial consequences. It's hard to afford a family while in school, training, and early career.
Can't reach your goals because your spouse can't stop spending? Here's what you can do about it (and what you should have done years ago.)
Plenty of people have been financially successful but still have huge holes in their financial plan. Let’s discuss how to close those gaps.
It's not impossible to reach financial security as a low-income doc in a high COLA, but success is more difficult. These tips will help you.
Carve out a large percentage of your income for building wealth; then spend the rest on what REALLY makes you happy. Forget the other stuff.
Every once in a while, I like to rant about one of my personal finance pet peeves: how being car poor keeps you from building wealth.
What are you supposed to do if you're laid off or fired and you don't have an emergency fund in place? Here are seven steps you can take.
Compensation is easy to calculate, but the satisfaction received by it is not. A statement of personal compensation helps you determine that.
There are LOTS of reasonable budgets. Learn to create one to fit YOUR priorities and values as you use money as a tool to bring happiness.
Pilots, like doctors, face tons of questions per day. Aviation has a better safety record than medicine; we can use that to help our finances.
Raising kids is expensive, even if you're in a dual-income family. Here are a bunch of options for childcare for those who have high incomes.
It's reasonable that 3%-5% of your money should be invested on your own personal development. Here are the reasons why.