As with all scientific research, there are no absolute certainties. But a large number of economic, psychological, and social studies suggest that more money can buy happiness. For a good summary with references to relevant studies, see this article in Psychology Today. But there are some caveats and nuances. Sonja Lyubormirsky, researcher and author of The How of Happiness (I highly recommend the [Continue Reading]
Your Money Or Your Life, by Joe Dominguez & Vicki Robin
Your money or your life. If someone thrust a gun in your ribs and said that sentence, what would you do? Most of us would turn over our wallets. The threat works because we value our lives more than we value money. Or do we?” Joe Dominguez and Vicky Robin, Your Money or Your Life Your [Continue Reading]
Early Retirement – The Rest of The Story
This is a guest post from a fellow blogger Chris who is also a soon-to-be retiree before the age of 40! Chris writes anonymously (so that he can share all of his real numbers and ambitions while still at his job) over at EattheFinancialElephant.com. I stumbled upon Chris and his site when I saw the term [Continue Reading]
The Ultimate Guide to the Best Wealth Building Assets
My mission here at coachcarson.com is all about helping you become wealthy (aka win with money). Money is not the most important thing in life, but losing with money has the pesky issue of keeping you from doing the things that DO matter. So, in that spirit I want to share my guide to the best wealth building assets. You have probably read or heard [Continue Reading]
How to Use Smart Leverage in Real Estate Investing
I am a fan of using real estate investing to climb the wealth-building mountain. One of the most unique benefits of real estate investing is that it can give you the ability to use smart leverage to magnify your returns while also protecting your down side. The Power (and Danger) of Leverage Ancient greek scientist and philosopher Archimedes once said: Give [Continue Reading]
Happiness: An Unexpected Benefit of Frugality
If you’ve followed me for long, you know that I think frugality is important. By frugality I do not mean painfully depriving yourself of happiness now so that someday you’ll be more happy. I also don’t mean you have to live in a tent or eat rice and beans your entire life. No. Frugality can make you happier [Continue Reading]
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