11 lessons to teach our kids drawn from a monopoly game I just finished I remember monopoly being one of my favorite games. I remember getting filled with anxiety before the first throw of dice hoping no one gets to my rail-roads before I do. I used to love winning and really hate losing in […]

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Teach Your Kids Basic Finance and Economics with Monopoly – 11 Valuable Lessons

My View of Frugal Thinking

Presenting my thoughts on frugality and personal finance literacy I’ve never been a huge fan of extreme frugal thinking. I’ve always thought excess frugality comes at a rather high price which outweighs the financial benefit of saving $30 a month. I don’t, by any means, discredit a sum of $30 a month. However, as a […]
End of the road for the Hummer? Passive Income and a Primer for Young People @ The RoundUp

The customary weekly roundup It’s been another great week for me here at The Personal Financier. I truly enjoyed posting this week and I hope you, as my readers, noticed it. The week started out with one of my better posts about the need to actively manage our careers. It continued with a very interesting […]
Creative Ways Airlines Cut Fuel Costs Provide 7 Invaluable Lessons on How to Save Money

7 lessons learned by observing how airlines cut down on fuel costs. These lessons have never been more relevant. Skyrocketing fuel costs are causing havoc in airline business. Airlines face a dire need to significantly cut down fuel costs if they want to stay in business. Some of them have come up with some very […]
Americans Report Their Savings Habits and Progress

A recent research by the ASEC sheds light on some very important statistics regarding Americans’ saving habits and progress Americans have long been accused as saving too little while consuming too much. A recent survey by the ASEC has some intriguing results. Can you find yourself in the numbers? I’ve extracted what seemed to me […]
Gas Prices Finally Impact US Car Sales

More on the better side of record gas prices For some reason pickup trucks and SUVs have rooted themselves in American culture. Apparently they serve as symbols for strength, power, durability and more values that are held dear to many Americans. I’ve read somewhere the pickup serves as the modern horse, keeping the old west’s […]
The Perfect Home is a Financial Nightmare – Don’t Get Caught Up In the Costly Race

It is very easy to get sucked in a terribly expensive effort which never really ends My wife and I just returned from our 203th visit to IKEA with some interesting insights I’d like to share. Since we’ve bought our apartment and renovated it we’ve been caught up in a continuing effort to furnish and […]
Psychology tricks and increased spending – The Case of Expensive Wines

Our psychology is terribly easy to trick. We’re actually pretty good at it ourselves In each and every day of our lives we are bombarded with psychological tricks and quirks which have one goal: Make us spend more. Advertisements take many forms and influence us both at a conscious and a subconscious level. However, every […]
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