Personal Finance

How to Spend Money

I love this story from Gene Hackman about lending some money to Dustin Hoffman in their younger days and how Hoffman used to budget his money:  Hoffman’s mason jar strategy is probably better than 90% of the budgets in this country for the simple fact that many households don’t have one. You can find…

How Much Should You Spend On An Engagement Ring?

A podcast listener asks: Any advice or rules of thumb for getting an engagement ring? The whole “3 months salary” thing seems impractical and outdated, in my opinion. In my mid 20’s, thinking about making the leap in the next year or so. Someone gave me a similar rule of thumb when I was in…