Archive for September, 2007

What Wealth Means to Me, and Why I Write Financial Goals

Thursday, September 27th, 2007

What do you think about when you hear the word wealth? Really, think about it for a moment and write down a couple things that come to mind. Ok, so I bet most of you conjured up images like Donald Trump, a mansion from MTV Cribs, or Scrooge McDuck swimming in ...

Truels, or How Game Theory Predicts Survival of the Weakest

Tuesday, September 25th, 2007

Every Tuesday is a Game Theory article at Mind Your Decisions. In my recent game theory post, I wrote about how seemingly worse employees can get on better projects--if you didn't read it, please do as the answer may surprise you. This strategy really works, and as Joon and Rohomech pointed ...

Where Did You Get Your Financial Education?

Monday, September 24th, 2007

The answer to that question may soon be school. I was thrilled to read that more schools are starting to offer personal finance classes. Recently John Hopkins decided to include an introductory class for the following reason: [Graduates] were handling the job fine but they weren't prepared to make decisions ...

Is There a Right Way to Track Expenses?

Thursday, September 20th, 2007

I introduced the The Simple Expense Tracker (a free expense tracking spreadsheet) about a week ago, and I'm thrilled that people are finding it easy to use and helpful to their finances. Thank you for the support, and please feel free to contact me with suggestions. Earlier this week, one user ...

The Strategy of Limiting Options: Why Less Can Be More

Tuesday, September 18th, 2007

source: antanask via flickr Every Tuesday is a Game Theory article at Mind Your Decisions. Consider the following situation: John and Tim are both finishing projects at a consulting company and they are ready to be staffed on new projects. Their skill-sets and work ethics are similar, and both are considered team-players. ...