Posts Tagged ‘Mindset’

Review: Psych Yourself Rich

Every Sunday, The Simple Dollar reviews a personal finance book or other book of interest. A couple years ago, Farnoosh Torabi wrote You’re So Money, I book I succinctly described by saying “this book pitches personal finance advice for consumerism addicts.” Nevertheless, I concluded that the book did offer some very solid advice to the crowd that would not allow their Gucci handbags to be pried from their cold, dead hands. Torabi’s follow-up book takes a decidedly different tack on the arena of personal finance, moving on to the idea that your personal mindset has a good deal to do… Read the whole article...

Personal Cash Flow Management Wealth Building Formula

There are a lot of information about how to get rich, build wealth, achieve financial freedom, etc. But when you take a step back and look at the big picture, it all comes down to better cash flow management — earn more and spend less — personal finance in one simple equation! Obviously, this is nothing new. Cash flow as a business concept has been around for a long time. You commonly hear about this as profits and losses. Another area where cash flow is important is in real estate investing. A good investor knows how important it is to… Read the whole article...

High Yield Checking Accounts vs. Reward Credit Cards

This is a guest post from Joel J Ohman, a certified financial planner and president of Credit Card Chaser.  If you are in the enviable position of many who have their high interest consumer debt paid off and firmly in control then you have likely reached a point in your financial life where you are maybe in somewhat of a befuddled mindset about how to best make the transition from solely working for your money to putting your hard earned money to work for you as your servant with you being it's master rather than vice versa. This transition of… Read the whole article...