Something You Should Know about Credit and Debt


Common Financial Questions - Answered

August 17, 2016

 

Interview with Jack Otter, author of the book Worth It ... Not Worth It?: Simple & Profitable Answers to Life's Tough Financial Questions

 

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Mike Carruthers:
Some common financial questions may seem complicated but the answer is actually simple. For instance should you buy or lease a car?

 

Jack Otter:
Most people are much better off buying because, among other things, it’s a lot more straightforward.
 


Jack Otter

Making Money Decisions

June 16, 2016

 

Interview with Carl Richards, author of the book The Behavior Gap: Simple Ways to Stop Doing Dumb Things with Money

 

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Mike Carruthers:
Have you ever looked back and realized that some of your money choices may not have been the smartest.

 

Carl Richards:
Obviously it’s not because we’re stupid. It’s just because we’re genetically hard-wired to make silly decisions. But one of the classic ones is buying something that everybody else wants and selling something that nobody else wants to own.
 


Carl Richards

Achieving Financial Independence

February 2, 2016

 

Interview with Dr. John De Martini, author of the book The Values Factor: The Secret to Creating an Inspired and Fulfilling Life

 

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Mike Carruthers:
When it comes to building wealth there’s a disconnect somewhere.

 

Dr. John De Martini:
When I ask people how many of you want to be financial independent and everybody puts their hand up but then when I look at the actual statistics it’s less than 1%.

 


Dr. John De Martini

Does Money Buy Happiness?

December 10, 2015
 
Interview with Dan Buettner, author of the book Thrive: Finding Happiness the Blue Zones Way
 
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Mike Carruthers:
Attempting to be more happy is probably worth the effort.
 
Dan Buettner:
If you control for everything else happy people live about 8 years longer than unhappy people.

Dan Buettner

How Wealthy People Become Wealthy

October 14, 2015

 

Interview with Deborah Owens, author of the book A Purse of Your Own: An Easy Guide to Financial Security

 

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Mike Carruthers:
When you look at how most wealthy people became wealthy you realize that they look at money differently than other people and they understand that…

 

Deborah Owens:
The average person is usually wrong and they understand that they have to act the opposite than everyone else and generally they’ll be OK.

 


Deborah Owens

Benefits Of Being Cheap

October 8, 2015

 

Interview with Jeff Yeager, author of the book The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means

 

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Mike Carruthers:
People who spend less than they earn and live beneath their means report a higher level of personal happiness. And in fact they often say…

 

Jeff Yeager:
Sure we could afford to spend more but why would we? It wouldn’t make us any happier.
 

 
Jeff Yeager

The Problems With Money - Part 2

August 19, 2015

 

Interview with Deborah Price, author of the book The Heart of Money: A Couple's Guide to Creating True Financial Intimacy

 

www.moneycoachinginstitue.com

 

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Mike Carruthers:

Just about everyone’s had money trouble and often the problem is your brain or specifically the instinctive part of your brain.

 

Deborah Price:

The instinctive brain is wired for desire and therefore we tend to become human wanting’s.
 


Deborah Price

The Problem With Money

August 18, 2015

 

Interview with Deborah Price, author of the book The Heart of Money: A Couple's Guide to Creating True Financial Intimacy

 

www.moneycoachinginstitue.com

 

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Mike Carruthers:
If there’s a subject which almost everyone has trouble with from time-to-time it’s money.

 

Deborah Price:
Money is a tough topic because we have no training; money is often a very sensitive and triggering conversation in families, amongst couples.
 


Deborah Price

Couples & Money

May 21, 2015

 

Interview with Jeff Motske, CFP, author of the book The Couple's Guide to Financial Compatibility: Avoid Fights about Spending and Saving--and Build a Happy and Secure Future Together

 

www.jeffmotske.com

 

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Mike Carruthers:
Perhaps one of the main reasons couples fight about money is they never talk about money until there’s something to fight about.

 

Jeff Motske:
When you’re proactive and not reactive you find a completely different financial life together.

 


Jeff Motske, CFP

What To Do With Your Money

April 8, 2015

 

Interview with Carl Richards, author of the book The One-Page Financial Plan: A Simple Way to Be Smart About Your Money

 

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Mike Carruthers:
Money is an emotional topic and its one reason why many of us don’t want to face our current financial situation. And doing that causes stress.

 

Carl Richards:
Financial stress is one of the worst, horrible stress it’s terrible. So take the time to get clear about how bad it really is. Pull out a piece of paper what do you own and what do you owe – your assets and your liabilities. It’s called a personal balance sheet.
 


Carl Richards

Something You Should Know - Blogged