Should You Have a Money Rule to Give to Charity?

Do you give money to charity? You’re not alone. In fact, the National Philanthropic Trust and the Center on Philanthropy at Indiana University found that 88% of all American households give to charity. And, the average annual gift to charity is over $2,200 per family. We are a nation of givers. Giving is an important step in our own personal finance journey. There is a reason why Dave Ramsey includes it in his last baby step of his popular book, The Total Money Makeover. Author Mary Hunt also lists giving as a money rule. It is one of seven in her book, 7 Money Rules for Life: How to Take Control of Your Financial Future. Should You Have A Money … Read more

How To Increase Your Online Conversion Rates

There are ways that you can improve conversion rates with online ecommerce. Your website’s conversion rate is a measure that business owners can measure how many of their online visitors convert to a customer. Many businesses focus on the number of visitors, the amount of clicks on an ad or product link, and how many of those clicks result in a sale of the product or service. Here are three of the most popular ways to improve conversion rates and get the most from your website, what you sell, and to give your customers the most value. Best Ways To Increase Your Online Conversion Rates 1. Be Memorable – You should strive to be remembered. That is one of the … Read more

How To Make Money Investing Like Harvard And Yale’s Endowments

How To Make Money Investing Like Harvard And Yale's Endowments

Episode #14 How To Make Money Investing Like Harvard And Yale’s Endowments Most parents are terrified of the costs of college tuition and room and board fees that they will have to help pay for their children’s education. Every year for decades, the cost of college tuition and fees has increased faster than the rate of inflation in America. To make matters worse, colleges have enjoyed endowments that have posted gains in their investments that have outpaced the stock market indexes. For a 10 year span from 1998-2008, Yale saw its endowment earn over a 17% annual rate of return on its investments. Harvard’s endowment earned over 15%, and the S&P 500 only returned a little over 7% during the same … Read more

Money Conversations Parents Must Have With Their College Freshmen

Money Conversations Parents Must Have With Their College Freshmen

Episode #13: Money Conversations Parents Must Have With Their College Freshmen College students are graduating with an alarming amount of debt. They are being saddled with not only student loans but loans from family members and credit cards. Part of the trouble stems from our inability as parents to prepare our children for the financial realities that they will face as college freshmen. We are simply not having open and honest communication early enough about our expectations and their expectations as well. Who will pay for what expenses? Will your child have to work part-time to pay for tuition? Will you give him or her a credit card to use? These are all important topics that I discuss in this … Read more

Financial Lessons We Can All Learn Playing Candy Crush Saga

Candy Crush Saga

I have a confession to make. I’m addicted to playing Candy Crush Saga. I’ve even gotten my wife hooked too. So, as I’m sitting here waiting for the countdown clock to give me more lives, I can’t help be realize how you can find underlying financial lessons in the game. Like many things in life, there are key take aways that you can find in almost anything that correlates to our lives and our finances. And, the game Candy Crush Saga is no different. There are a lot of financial lessons that can be learned from playing Candy Crush Saga if you stop and think about it. Financial Lessons We Can All Learn From Candy Crush Saga… Patiences Is Definitely … Read more

Interview With Gary Vaynerchuk for Your Money Your Choices Podcast

I am completely stoked to interview Gary Vaynerchuk in this week’s episode for Your Money Your Choices. You don’t have to follow me for very long to know that I’m a huge fan of this incredible entrepreneur. Gary Vaynerchuk is a social media advocate and guru, author, video blogger with his very popular show, “Wine Library TV“, keynote speaker, and much more. I think that I was first introduced to Gary when I saw the keynote speech that he gave in September 2008 at the Web 2.0 NY conference on YouTube. I don’t remember how I found it, but watching this 15 minute video is incredible. It will pump you up. His book, “Crush It“, is the same. It gets you going. … Read more