A Review of Part 2 Put some life into your personal finances was the message in Money Math – Part 2. Learn the Rule of 72 to see how long it takes to double your money while investing, with compounded earnings. Then, take the worry out of long-term investing, such as in your retirement account,
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Part 1 Review This post is the second in a series on Money Math. The purpose of this series is to offer insights and means to measure your money management progress. In Part 1, I reviewed the aspect of measuring Cost to Benefit, how to determine if your income is satisfying your needs, and how
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Math Related to Money When we think of money, we think of numbers. When we think of numbers, we know that we will need math skills. Those math skills will include adding, subtracting, dividing, and multiplying, inside formulas and other measures. That sounds simple. However, many people, me included, have gotten into trouble with their
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The Value of Time Time comes. Time goes by. What we do with available time is what gives it value. Time has scarcity. You can make more money, but you cannot make more time. We are all equal that way. So, how we use the time available to us is what gives it value. And,
Opposing Forces Are you strong? Can you get stronger? Do you even wish you were stronger? Physics can help with that. Whether it is pull-ups, push-ups, sit-ups, or weight training, there are opposing forces at work. You can study the subject of physics to learn the mathematical formulas to measure those forces, if you want.
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Debt Is Easy to Get If you have an income, you can get some kind of loan. However, eventually you will not be able to get a loan when you have trouble paying on the loans you have accumulated. Debt is easy until it is not! Then, what? That is the question you must ask
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Signs for Survival Out of curiosity for learning survival techniques, I read a book about well-known fur trappers, also known as Mountain Men, from the early 1800’s. They were a rugged lot with a dream to explore the frontier and fund their travels by trapping beaver and other animals for their pelts to sell to
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Self-Care Is Important You will be a great help to others if you take care of yourself, especially as a parent. I am, of course, referring to your health. I will include three facets of your health. First, your physical health, which means your strength and endurance for your daily activities and other short-term demands
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Old People Have Talents This post is about personal regrets. It relates to a guy I knew in high school who was a shop teacher. He offered to teach me how to use a router, after he retired. I was in my late twenties. However, I did not make the time to sit with him
Your Present and Future Potential Be cautious about your present potential for earning income. If your current employer loses revenue or funding and staff needs to be cut, including you, what options will you be qualified for to replace that income? That may sound silly to you now. But I have experienced that several times
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