Make Smarter Money Decisions

“Over the last 20 years, I’ve spent more than 39,500 hours helping people learn how to make better decisions with their money. I share my best money tips in my newsletter. I invite you to join over 16,000 others who get my tips in their inbox each week.” – Carl



Buy Nice or Buy Twice

Spend More Now, Less Financial Pain Later

I like buying high-quality things. And for the longest time, I’ve had this sneaking suspicion that buying high-quality stuff, which perhaps initially was more expensive, actually saved me money in the long run. It wasn’t until very recently, though, that I noticed a strong argument in support of my hunch.

Learn Act

When to Say Yes

Last week, I shared the benefits of saying “no.” But I wanted to share some great feedback I received after writing that column. Could the flip side of the argument be true? Could there be times when we’d benefit from saying “yes” to every opportunity early on?

Circus Clowns

Your Financial Plan Trumps the Financial Forecasters

Every year, right around this time, all the big brokerage firms, economists and banks come out with projections of what’s supposed to happen next in the financial world. This year is no exception. Especially prominent in the news has been the Royal Bank of Scotland warning, in no uncertain terms, that people should “sell everything” and prepare for a “fairly cataclysmic year ahead.”

status quo

The Pain of Making a Change

The status quo bias fascinates me. We tend to struggle with the uncertainty that comes from making a change. Even though we “know” that the status quo isn’t exactly what we want, we hesitate. It’s what we know. And something new might be worse. In today’s episode, I’ll share a…