Finance Mindset

Why Budgeting Usually Doesn’t Work

Let’s be honest, nobody likes budgeting – and those that do are a very unique breed. Statistics have shown that approximately 30% of households have a detailed budget. Polls can sometimes be misleading though because of our desire to look responsible when we are...

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Should I Pay off My Debt or Start Investing?

How you respond to this question will likely determine how much wealth you are able to build. The answer is that it really depends on your situation, but there a few criteria to consider when trying to decide which path to follow.   Paying off High Interest...

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Should I pay off my debt or start investing represented by man watering tree

How To Gain Momentum With Your Money And Your Life

Gaining Momentum is Everything It is impossible to separate success from momentum. Momentum is the act of moving forward. If you really want to find success you have to be moving forward. Momentum gives us confidence. We have all seen someone who is down on their...

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How to gain momentum with your money and your life

Are You Listening To The Right “Financial Expert”?

The other day I heard someone brag about how they had devoted ten years of their life listening to a certain personal finance “expert.” The part that was most concerning to me is that they hadn’t progressed very far through the steps this individual was teaching...

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Are you listening to the right money expert

The Power of Compounding Everything Even Your Time

The time travel experiment: I have always enjoyed the “Back to the Future” trilogy. As I watch this movie, I have wondered what advice would I give my younger-self if I could travel back in time? There is no doubt we would all make a few changes from our past if we...

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The power of compounding money and everything else

Don’t Try to Keep up with the Joneses

My kids have a remarkable talent. I am not sure how they have the energy to do it, but it seems as though they instinctively know when mom and dad are cleaning up one of their messes. Something must trigger inside their young developing minds that tells them: they...

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Don't try to keep up with the Joneses

A Different Approach to Money

As I thought about the purpose and approach of this blog, I knew I wanted to offer something different. My idea for Finance Mindset has never been about telling others how to handle their finances. Regardless of how we think about money, raising children, or any...

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Finance Mindset is a different approach to money management

Don’t Forget Your Dreams?

Life Will Distract Us If We Allow It To I remember that day as it if it were yesterday. I was sitting in a biology class studying to apply to dental school. I had chosen to become a dentist because it seemed like a profession where I could make a good income. My...

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Boy riding a bike dreaming of flying which reminds us not to forget our dreams

What is Finance Mindset?

It was the year 2007 and I was in my final year of education at the University of Utah. I was sitting on my bed one evening thinking about what I wanted to do when I was done with school. At this point, I was very interested in personal finance. I thought to...

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What is finance mindset person drawing mindset on board