Restructuring our finances makes good strategic sense in a tough economy, especially in the face of lowered wages, lost jobs and plunging portfolios, but perhaps, once we get over the shock, we can welcome the opportunity to make healthy changes in our lives. Perhaps we can enjoy a quality lifestyle without living beyond our means. Is it possible? Dare we dream of happiness and fullfillment without revolving credit?...more
Helping my three kids make their way in the world means teaching them about money, economics and basic finance. Teaching them has accelerated my understanding of my own economic and financial life.