Telling Good Advice from Bad Advice When we want to make a change to our finances, many of us seek advice. Maybe we want to be told what to do, or maybe we want to be told we’re about to do the right thing. What ever the reason, though, how do we know that the…
Saving Traditions Do you wonder how you can save anything when you’re simply struggling to make it until the next paycheck? For centuries, societies with no access to banking have maintained traditions of saving together. This week we talked about these traditions and how they are used today to help people at all income levels…
Coming up with that Next Idea I want to make more money, but what can I do? It’s a common question in the blind community, but would it surprise you to know that it’s also a common question in the financial independence community? Whether you’re looking for a full-time or part-time job, starting a business,…
Does perfectionism hold you back? Have you always wanted to go back to school, apply for a job, or start a business but you never feel ready? Do you tell yourself that you’ll start as soon as you finish your next blindness skills training, your kids start school, or you’ve saved enough money? Planning and…
Want to make more money but can’t work more? If so, you’re not alone. This week we talked about passive income, or income streams that take very little work to maintain once they’re set up. We also left time for anything you wanted to talk about. To enjoy this content, simply sign up for…
Do you worry about what might happen if something goes wrong with something expensive you depend on? How will you afford it if a home appliance or a vital piece of assistive technology fails unexpectedly? This week we talked about when and how to purchase warranties, insurance policies, or protection plans designed to help you…
something holding you back but you don’t know what it is? It may be your own beliefs. An episode of NPR’s Life Kit, released this week, explains that scientists refer to these as cognitive biases and tells us that they can keep us from achieving our goals because we believe that we’re not capable. This…
Spreadsheets are incredibly useful tools for managing your finances, and they’re easy to learn and use. This week we talked about how to use a spreadsheet to build a realistic budget for a road trip. This type of spreadsheet can also be useful for helping you keep track of the progress you have made in…
This week we talked about why it may be ok to save inconsistently. A paper by Yale finance professor James Choi made the news this week. Choi studied the advice from the 50 most popular personal finance books, according to GoodReads, and compared it to the advice economists give about the same topics. While personal…
Last week we talked about the power of patience. It can take years for many of us to achieve our most ambitious goals and it can be tempting to change the goal, take shortcuts to get there faster, or give up entirely. Those decisions can lead to regret, though, so we talked about why patiently…