Category Archives: Financial Literacy Basics

A Financial Literacy Poem

This gallery contains 3 photos.

Time and things are so rare there’s really little to spare. But desire it doesn’t care Thus there’s tension there. So create we must To avoid this bust. And though we want it all today That’s not the prudent way. Life … Continue reading

More Galleries | Tagged , , , , | 2 Comments

Investing

This gallery contains 1 photo.

This post kicks off a new section of this blog, investing. Investing in and of itself is a monster topic. It’s the sole subject of thousands if not millions of books, newspapers, magazines and blogs. So I broach it with … Continue reading

More Galleries | Tagged , , , , , | 1 Comment

Why are thought leaders, educators and politicians so interested in financial literacy education now?

This gallery contains 1 photo.

It seems to me that serious attention to financial literacy and the means to educate people about it has grown geometrically in just the last several years.  I think its worth exploring why that may be so? Let me first … Continue reading

More Galleries | Tagged , , , , | 2 Comments

Contextual Reporting – Keeping Goals in Context

This gallery contains 3 photos.

In personal finance goals are the tangibles and intangibles we want to accomplish. It doesn’t matter what they are, it could be to buy a car, a house, retire with a particular life style, pay for college or any number … Continue reading

More Galleries | Tagged , , , , | 2 Comments

Basic Financial Literacy – Part 9

This gallery contains 1 photo.

ResponsibiliTy This post discusses the last of the 4Ts, responsibiliTy and so concludes the 10 basics of financial literacy (see index page). To recap the other Ts are scarciTy, creativiTy and realiTy. The Roman philosopher Cicero best summed it up … Continue reading

More Galleries | Tagged , , , , , | Leave a comment

Legacy – a psychological and historical context

This gallery contains 1 photo.

My posts to date have dealt primarily with developing a basic knowledge of personal finance through the curve metaphor. In this post I’m going to discuss several background issues for those whose flow is well above the curve and is … Continue reading

More Galleries | Tagged , , , , , , | Leave a comment

Basic Financial Literacy – Part 8

This gallery contains 1 photo.

Philanthropy The American Heritage Dictionary defines philanthropy as the effort or inclination to increase the well-being of humankind as by charitable aid or donations. You may ask what does philanthropy have to do with financial literacy?  There’s several answers that … Continue reading

More Galleries | Tagged , , , , , | Leave a comment

The Curve

Getting to know The Curve and Flow There’s lot’s of numbers in personal financial planning, so it can get overwhelming fast.  To keep the “overwhelmed factor” in its cage I hooked up with my good buddy and ad man extraordinaire … Continue reading

Posted in ABCs of The Curve, Financial Literacy Basics, Personal #s | Tagged , , , , , | Leave a comment

Basic Financial Literacy – Part 7

Government No discussion of the personal finance environment would be complete without considering government, especially its economic attributes and their impact. A good place to start this explication would be with defining public goods. These are items whose consumption is … Continue reading

Posted in Financial Literacy Basics, Personal #s | Tagged , , , , , | Leave a comment

Basic Financial Literacy – Part 6

This gallery contains 2 photos.

To spend today or spend tomorrow that is the question? I’ve created the formulas below to help in considering the question. For any given period of time like a month or year: 1) Available to consume (ATC) = Income – … Continue reading

More Galleries | Tagged , , , , , | Leave a comment