Every Monday I share 3 ideas to help you and your family on the money-smart journey. I created "The Money Mammals" for kids and wrote The Art of Allowance book for parents like you. Won't you join me on the money-smart journey?
3 {Inspiring} Ideas to Share & Save
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β In this issue: Reframing the concept of "good debt," highlighting personal inspiration sources and defining success. "Working to help parents raise money-smart kids." ββ3 Ideas to Share & Saveβ Hello, friends! I'm on vacation this week, so I'm keeping today's newsletter short and simple. I hope you enjoy this abridged edition of "3 Ideas to Share & Save"! β 1 β The Debt Debacle: My most recent podcast guest, Andy Hill, famously paid off $50k in debt in a year. So I asked him to describe a concept I often hear bandied about β "good debt." His response was insightful and surprising:
β 2 β Two for Two: I'm constantly seeking inspiration both inside and outside the financial world to share ideas with you each week. So here, in Idea #2, I want to highlight two outside resources that have inspired me. I hope they will bring some joy to you too. The first is the How I Write Podcast created by one of my writing teachers, David Perell. You might begin with a guest we've both interviewed, author Kevin Kelly. And in case you missed it, here's my interview with Kevin. Another font of consistent inspiration is Ryan Holiday, author of The Daily Stoic. I've reviewed selections from this book almost every day since 2016, and I look forward to perusing "Ryan's Reading List" each month. (Ryan lives the idea that a good writer is a good reader, as he's beyond prolific in both domains. Frankly, I have no idea how he covers so much literary ground while managing to write about a book a year. π€―) I always discover one β if not several β book recommendations per newsletter. For instance, I couldn't put down Helena Merriman's Tunnel 29 about a harrowing escape beneath the Berlin Wall. And Walter Lord's A Night to Remember is not only beautifully written but also provides much insight (and surprise) about a disaster familiar to us all, the sinking of the Titanic. Incidentally, Ryan also recently appeared on the How I Write Podcast. β 3 β Weekly Wisdom: I'll leave you with a lovely definition of success I often share with parents during my Art of Allowance Academy classes. "When we believe in our dreams and have the support to achieve those dreams, while feeling pretty good about ourselves."
βEsther Wojcicki
Have a great rest of your week, and don't forget to enjoy the journey! John, P.S. Please consult with a financial or investment professional before making any decisions that might affect your financial well-being.
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3 Ideas to Share & Save
Every Monday I share 3 ideas to help you and your family on the money-smart journey. I created "The Money Mammals" for kids and wrote The Art of Allowance book for parents like you. Won't you join me on the money-smart journey?
In this issue: Engaging kids with money-smart messages, empowering parents with robust resources and making a contribution to society. "Working to help parents raise money-smart kids." 3 Ideas to Share & Save(Click the link above π to read this week's edition on the web.) Hello, friends, I'd like to begin this installment of "3 Ideas to Share & Save" with a big thank you! π Our readership has doubled over the past several months due to your sharing these ideas and fellow writers' referring...
In this issue: Filling your money-smart rucksack, becoming a one percenter and considering perspectives on time. "Working to help parents raise money-smart kids." 3 Ideas to Share & Save(Click the link above π to read this week's edition on the web.) Hello, friends! I've returned from dropping off my daughter at school, which means my wife and I are back to being empty nesters. But it also means I'm back to sharing this newsletter with you. So let's dive into this new installment! β 1 β Fill...
In this issue: Making financial literacy fun, avoiding distraction brokers and finding a rainbow. "Working to help parents raise money-smart kids." 3 Ideas to Share & Save(Click the link above π to read this week's edition on the web.) Hello, friends! With so many kids simmering in schools before September, Labor Day no longer feels like the ceremonial end of summer. So this edition will wrap up the season in a neat, tidy (rain)bow. And since I'm helping my daughter start up her sophomore...