Something You Should Know about Household Spending


Difference Between Rich & Wealthy

April 2, 2015

 

Interview with Paul Sullivan, author of the book The Thin Green Line: The Money Secrets of the Super Wealthy

 

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Mike Carruthers:
What’s the difference between being rich and being wealthy?

 

Paul Sullivan:
Rich is a number, rich is a number on your bank account on your brokerage account perhaps the value of your house when you type your address into Zillow.

 


Paul Sullivan

Is More Really Better?

February 23, 2015

 

Interview with Vicki Robin, author of the book Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Ind ependence: Revised and Updated for the 21st Century

 

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Mike Carruthers:
Most people agree that when it comes to money and possessions, we live in a culture where "more is better."

 

Vicki Robin:
"More is better" is the story of a loser. "More" is not a strategy for life or a strategy for success because there's no way to define that.
 


Vicki Robin

Kids & Money

February 17, 2015

 

Interview with Ron Lieber, author of the book The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money

 

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Mike Carruthers:
Teaching kids to be responsible with money is important but where do you start?

 

Ron Lieber:
Well I think one of the foundational tools to help begin to have money conversations with kids is to give them an allowance.
 


Ron Lieber

How Word Of Mouth Advertising Works - Part 2

January 20, 2015

 

Interview with Ted Wright, author of the book Fizz: Harness the Power of Word of Mouth Marketing to Drive Brand Growth

 

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Mike Carruthers:
10% of the U.S. population are influencers. They’re the ones that tell the rest of us about new cool stuff.

 

Ted Wright:
Influencers are not looking for life-changing miracle things to share with their friends. What they do like to find things that are better. So instead of drinking this beer why don’t you drink this beer because that’s a lot tastier?
 


Ted Wright

How Word Of Mouth Advertising Works

January 19, 2015

 

Interview with Ted Wright, author of the book Fizz: Harness the Power of Word of Mouth Marketing to Drive Brand Growth

 

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Mike Carruthers:
Advertising in general is less effective than it used to be in this country simply because there’s so much of it.

 

Ted Wright:
Consumers in the United States are super-smart. We are the most marketed too people on the entire planet earth. On average a U.S. consumer gets hit with about 14,000 commercial messages a day.
 


Ted Wright

How You Handle Money

April 30, 2009
Interview with Remit Sethi, author of I Will Teach You To Be Rich

 

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Mike Carruthers:
The recession has everyone taking a hard look at how they spend their money but the basics of personal finance remain the same.

 

How Money Impacts Happiness

February, 25, 2014

 

Interview with Laura Rowley, author of the book Money and Happiness: A Guide to Living the Good Life

 

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Mike Carruthers:
When it comes to money and possessions; the way your brain works can work against you.

 

Laura Rowley:
There's something called the "hedonic treadmill," you know when you have a great family you usually don't say, "Gee, I'm going to go out and get another one, cause this is so great." But we always do that with money and material goods and it's really hard to get off that treadmill.
 


Laura Rowley

Getting Out Of Debt

January 6, 2014

 

Interview with Jerri Simpson, author of the book Lose 100 Pounds of DEBT WEIGHT: Learn How To Trim That Credit Card Fat

 

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Mike Carruthers:
Perhaps one of your new year’s resolutions for 2014 will be to do something about all that credit card debt.

 

Jerri Simpson:
The biggest thing is learning how to use credit cards because that’s one thing that we’re not taught in school at all. They just keep giving them to you like candy.
 


Jerri L Simpson

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Link Between Money & Happiness

December 2, 2013

 

Interview with Donna Skeels Cygan, author of the book The Joy of Financial Security: The art and science of becoming happier, managing your money wisely, and creating a secure financial future.
www.joyoffinancialsecurity.com 

 

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Mike Carruthers:
Money may not buy happiness.

 

Donna Skeels Cygan:
But it most certainly impacts our happiness and I just wanted to come up with some strategies that people can use to help them with their finances as well as make them happier.
 


Donna Skeels Cygan

Accumulating Wealth

September 11, 2013

 

Interview with Brett Wilder, author of the book The Quiet Millionaire: Eliminate Financial Stress and Accumulate Wealth for a Lifetime of Security and Independence

 

www.quietmillionaire.com

 

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Mike Carruthers: 
Most millionaires, you've never heard of… 

 

Brett Wilder: 
They're people who accumulate money very quietly. You hear about Bill Gates and Warren Buffet and Donald Trump but you don't hear about the thousands of people who know what needs to be done to make themselves financially independent.
 


Brett Wilder

Something You Should Know - Blogged