Mindful Money Blog

Your financial road, like the rest of your life, is multi-dimensional. The path must traverse the many switchbacks of a steep and relentless climb. In financial terms, the difficulty of the climb is all about debt.

25iq Quotations: Charlie Munger | The Play Deficit | What Does It Mean to Really, Truly Rest? | Deliberate Doubt: The Art of Questioning Our Assumptions | The Art and Science of Spending Money

As we all know, life comes with a fair amount of challenges. Your car breaks down. A tree falls on your house. You lose your job. The proverbial s#!t happens. But none of it has to get in your way – not when you have an emergency fund.

Inequality Might Be Going Down Now | The Mindset That Brings Unlimited Willpower | Seven Ways To Make the Most Of Your Time | Two Lifestyles Table (from Huberman Article) | How Dividends Juice Your Returns in the Stock Market

There is NO secret to building wealth. Contrary to popular opinion, the steps to growing wealth are not sexy or tricky or speculative. Nor do they require personal brilliance or constant hands-on management. What it takes to build wealth is within your power right now.

Dacher Keltner presents Awe: The New Science of Everyday Wonder and How it Can Transform Your Life | Social Media May Prevent Users from Reaping Creative Rewards of Profound Boredom - New Research | Why We Need Rituals, Not Routines | The Best Approach to Self-Care: How to Attend to Your Unmet Needs | The World’s Best Places to Retire in 2023

Financial security is not a commodity; it can’t be found in a product. It isn’t available for sale in any way. Financial security is a journey. It is a path of trade-offs, acceptance, self-reflection, and hope. Getting there will require some effort and no small amount of luck.

What Makes Life Meaningful? | Sunday Firesides: Everyone’s Just Trying to Make It in the World | How Emotionally Intelligent People Turn Frustration and Stress Into Fulfillment and Achievement | The Best Way to Deal with Dissatisfaction (It’s Not What You Think) | How To Want Less

If you look hard enough, you can find stories that tell a contrasting and enduring narrative for what we truly need for a successful and meaningful life. Your story can do the same - but first, you have to know your heart. You must define what is worth seeking for you.

Pain is Part of the Process | History Is In the Making | “Reality” Is Constructed by Your Brain. Here’s What That Means, And Why It Matters | Lessons From The Samurai: The Secret To Always Being At Your Best | The Universe in Verse (Video)

As I wrote this in the run-up to the holiday season, markets seemed to be on the mend from the bear that started January 3rd, the air was coming out of the inflation balloon, and talk of recession probabilities was the new crisis du jour (it ALWAYS has to be something). The biggest surprise to me is always that anyone is surprised by these things...

Life Is Hard. And That’s Good | Surrendering Isn’t Giving Up: Why We Need to Accept What’s Happened | The Psychology of Prestige: Why We Play the Social Status Game | Overcoming the Myth of Separateness | 6 Conversations About Money to Have With Your Family Over the Holidays

In early December, I was on a panel entitled Sustaining, Enduring and Thriving Through Crisis at the 2022 Market Counsel Summit. Coming together, we shared stories of how we, as men, are all quite literally starved for a particular type of connection in our industry. As most know, the world of “finance” is still dominated by men – and not always the best kind of men.

Get Rich Without Working: The Dark Fantasy of Today | Google’s Former Happiness Guru Developed a Three-Second Brain Exercise for Finding Joy | Rethinking Authenticity | Financial Regret at Older Ages and Longevity Awareness | The Three Laws of Human Behavior

The Real Magic of Rituals | 2022 Photo Contest Winners | Naturally Produce More Dopamine, Serotonin, Endorphin and Oxytocin for a Happier Brain | Experienced Well-Being Rises with Income, Even Above $75,000 Per Year | Publication Bias in Economics

Six New Studies That Can Help You Rediscover Gratitude | Happy Talk | Partisans Agree: Time With Family and Friends is Meaningful and Fulfilling | The 5-Hour Rule: How To Turn a Wasted Day Into a Successful One | Three Reasons Why Indexing Works and Continues to Grow

After 17 months of struggling unsuccessfully with emotional overwhelm, I finally have a set of simple tools that have made a huge difference for me personally in accepting, allowing, just being with difficult emotions. If you're curious about this or want to try meditation, let me know. I’d love to help you get started.

Doc G of the Earn & Invest Podcasts talks with Jonathan DeYoe of Mindful Money about how to be thoughtful about what our financial framework is meant to support. Jonathan takes us through his pillars of happiness and how to use them to create a financial plan that serves our unique goals in life.

“Isn’t Personal Finance Pretty Simple?!” | Men Are Struggling. A New Book Explores Why and What to Do About It | Wealth is Partly Imaginary | The Lonely Hearts Club Man | The Quality of Our Questions

To borrow from Churchill, “The balanced (stock/bond) portfolio is the worst form of investing known to man, except for all the other forms.” Those people who are suggesting – based on its immediate past 1-year performance – that the 60/40 portfolio is dead are probably trying to sell something that isn’t a balanced stock/bond portfolio.