Personal Finance

5 Things I Did In My 20′s That Made Me Rich In My 40′s

September 10, 2012

My wife and I just sent our first child off to college, and we’ll send our second to college next year. Through all the things that go with this time of life, I’ve been very focused on teaching my children sound money management principles. And the process made me realize just how much the decisions [...]

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Do Bonus Deals Affect Your Purchasing Decisions?

August 8, 2012

Recently I asked Dough Roller newsletter subscribers (you can subscribe here and get a free copy of 99 Painless Ways to Save Money) whether a bonus deal on a product would affect their buying decision. Here’s some background. A lot of financial products are marketed by offering bonus cash to new clients. This is especially [...]

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Raising a Kid Costs An Arm and a Leg

June 25, 2012

You may have heard the recent report that raising a kid costs a fortune. To be more specific, the government estimates that it costs $300,000 over the first 17 years to raise a child. Gulp. But don’t worry, it gets worse. Add in the cost parents spend on children after age 17 and the income [...]

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Inflation’s Bleak Prospects. . .in 1978

March 22, 2012

It’s the small, slow changes of life, the ones that occur a little each day, that are the hardest to see but, in the end, pack the hardest punch. Whether it’s the extra 50 calories a day we eat or the extra $50 a month we invest, the change is nearly invisible at first, but [...]

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8 Lucrative Business Ideas for High School Students

March 19, 2012

When I turned 16, the first thing I did was get my driver’s license. And the second thing was to get a job. My idea of a job was to work at a local fast food restaurant, and later a grocery store. My first “real” job (I delivered newspapers at a young age) paid $3.35 [...]

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Are High Gas Prices the President’s Fault?

March 16, 2012

As someone who works in Washington, DC in an office with a view of the White House, it’s hard to avoid politics. (Every day I watch the Vice President’s motorcade scream down Connecticut Avenue as it travels from the Navel Observatory to the White House and back again.) And during a presidential election year, things [...]

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7 Ways To Your Pay Bills Online for Free

March 5, 2012
Thumbnail image for 7 Ways To Your Pay Bills Online for Free

Photo: kizzzbeth When I was in law school, my wife paid the bills. It was a depressing undertaking because we had more bills than money to pay them. After I graduated, my wife decided she had had enough and passed the torch to me. So for the last 20 years or so, I’ve been paying [...]

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Saturday Night at the Movies: How to Make Impossibly Difficult Decisions (The Matrix)

February 18, 2012

Saturday Night at the Movies uses great films to explore some aspect of personal finance. Published Saturdays at 7 PM, get your front row seat by subscribing to The Dough Roller. The Matrix is a movie about finding the truth. The Matrix follows a band of freedom fighters as they battle a surreal establishment with [...]

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5 Tools To Keep Your New Year’s Resolution In Check

January 4, 2012

A New Year’s resolution is, in the words of Mary Poppins, like a pie crust promise–easily made, easily broken. But that doesn’t stop us from making promises of positive change every year. Whether it’s a big change or just a few tweaks, New Year’s resolutions are a dime a dozen. In fact, almost 50% of [...]

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