Monthly Older Posts: March 2019

How much money do you have to spend for FUN, FAMILY, and COMMUNITY?

Two prior posts (here and here) describe how Patti and I view our spending. We divide our spending into four categories. I’ll summarize these as Basics, Fun, Family, and Community. Let’s abbreviate those last three as FFC. The more we have to spend

What is it that you HATE to spend?

The last two posts (here and here.) discussed how Patti and I want to our spend money in the time we have left.

 

 

I then thought about our spending and made a list of where I dislike or even HATE to

Why do we want money? What are our priorities for spending money? Part 2.

How do we want to spend our money in the time we have left? Last week I wrote that Patti and I have four big priorities, detailed here. Last week’s post discussed 1) The Basics and 2) What it is we ENJOY most. This

Why do we want money? What are our priorities for spending money? Part 1.

Have you thought about these questions? Last week’s post talked about Opportunity Cost. “Money equals value equals opportunities.” Every time we spend money, we forego an alternative opportunity. The alternative we don’t pick is our Opportunity Cost. The point of the book – subject of

What’s the value of the money you have in Non-Financial assets?

I read this book last month, Dollars and Sense: How We Misthink Money …. I liked it. Chapter 2 discusses the concept of Opportunity Cost. “Money equals value equals opportunities.” Every time you spend – or invest – you always have alternate opportunities. You

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