I had the following text message exchange about a month ago with a friend of mine: Him: Call me when you have a second. Me: Will do. I’ll call you when I leave my nephew’s birthday party. Him: I am buying a Volvo SUV and I can save 6% if I go to Sweden and [...]
Archive | February, 2012
How to turn your savings into an income stream
(Note: This is Part 3 in a 3 part series that I did for the Omaha World Herald on retirement planning for different life stages.) To state the obvious, farming and cooking are two different things. One is about creating. The other is about consuming. A similar relationship exists between preparing for retirement and being [...]
Abe Lincoln’s favorite poem
Happy President’s Day! I learned recently that President Lincoln’s favorite poem was “Mortality” by William Knox. For me, the poem is a great reminder for how quickly life goes by. As Knox says: “’Tis the twink of an eye, ‘tis the draught of a breath, From the blossom of health to the paleness of death.” In [...]
A little something for you on Valentine’s Day
Good morning all. Happy Valentine’s Day! Have I told you lately how grateful I am for each of you? Well, I am. To say thanks for being a loyal reader and to have a little fun, I thought I’d do an impromptu Valentine’s Day Contest. The prize? I’m giving away 20 signed copies of my [...]
The problem with delayed gratification
Delayed gratification is great if it’s allowing you to work toward something. For example, saving for that trip you’ve always wanted to take or giving up that extra hour of sleep so you can make it to the gym. You’re giving up something good now in order to get something better later. Where delayed gratification [...]
