The Magic (or Curse) of Compound Interest and the 80-10-10 Principle

Making smart decisions about what to spend and how to save doesn’t sound like much fun to most people. They’re often lumped together with balancing the checkbook and choosing between complicated investment options on the list of things we don’t really understand and would rather not spend our time doing. So they’re often neglected. But [read more]

“Dad, I want some f**king candy!”

WARNING: EXPLICIT LANGUAGE — Kid’s say the darnedest things, and three things you can learn from it. When running for president in the year 2000, George W. Bush was asked by the press to explain his immature behavior in his twenties and thirties. He responded simply, “When I was young and irresponsible, I was young [read more]

How to keep your kids from sneaking a look at their presents before Christmas

When Richard Pascoe was seven years old, he recalls doing something most honest people will admit doing at least once or twice in their childhood. He was trying to find his presents before Christmas. He recalls stealthily walking around the house looking in every hiding place he could think of. Then, opening up one particular cupboard, [read more]