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“A man who conquers himself is greater than one who conquers a thousand men in battle”. – Buddha As of late, I have come across the topic of locus of control a couple times.  During a strategic planning meeting at work, the Vice President of HR mentioned that we need leaders who have an internal locus of control as part of the committee that will be implementing our new strategic plan for our health care
They say that a boat owner has two happy days.  The first happy day is when they buy their new boat.  The second happy day is when they sell it.  That is based on the initial elation of having access to many bodies of water that are otherwise not available without a watercraft.  The costs tied to boat ownership, however, eventually erodes that elation over time. I have nothing against boats.  My friend has a bass boat.  I have spent
Many of my friends know that I truly enjoy living a frugal life, investing, and working toward financial independence.  Most of my friends, however, do not share the same passion for personal finance the way that I do.  They all like what money provides, but they are more focused on other interests. Over the years, people have asked me to set up their work-sponsored 401K.  Others have asked for help setting up an IRA for them.  Some have even
Albert Einstein said that compound interest is the 8th wonder of the world.  He who understands it will earn it, and he who doesn’t will pay it.  If compound interest is the 8th wonder of the world, then I feel that the power of a dual income couple is the 9th.  Being in a dual income couple can be a powerful wealth building partnership if managed correctly. At my first full-time job, I worked with