CFI Blog

Commit Your Future Self to Saving

Commit Your Future Self to Saving

“Going to the gym wouldn’t be on my list of favorite things to do.” –Kate Moss There’s a reason that the term “12 oz. curls” is readily understood. Most people don’t like to go to the gym. We make New Year’s resolutions to our future selves to work out more this year and we swear … Read more

Does Watching CNBC Give You Bad Habits?

Does Watching CNBC Give You Bad Habits?

“If I had only followed CNBC’s advice, I’d have a million dollars today — provided I started out with $100 million dollars.” –Jon Stewart When I went through my period in life where I dreamed of being a day trader, part of my daily ritual was to get up early, make a pot of coffee, … Read more

When Do You Need to Write Your Business Plan

When Do You Need to Write Your Business Plan

“If it really was a no-brainer to make it on your own in business there’d be millions of no-brained, harebrained, and otherwise dubiously brained individuals quitting their day jobs and hanging out their own shingles. Nobody would be left to round out the workforce and execute the business plan.” – Bill Rancic There are a … Read more

Beware the Storytellers

Beware the Storytellers

“The most dangerous people are those who have been taught some financial literacy.” –Tyler Cowen “You can’t learn how to become a doctor by watching Grey’s Anatomy.” –Charles Barkley Whenever I meet new people, I invariably tell stories. Whether it’s stories about messing with 419 scammers or funny things that happened when I was deployed … Read more

Do Startup Owners Ever Truly Take a Break?

“A vacation is what you take when you can no longer take what you’ve been taking.” –Earl Wilson It doesn’t take much reading on this blog or talking to me to discover that I am a big fan of Tim Ferriss’s book The 4-Hour Workweek (#aff). I remember browsing through the Barnes and Noble (before … Read more

Don’t Wait Until the End of the Month To Save

Don’t Wait Until the End of the Month To Save

“If you would be wealthy, think of saving as well as getting.” – Ben Franklin My wife and I have typically been paid twice a month. For a long time, we took the approach of putting whatever was left over at the end of the month into saving and investing. We did pay extra towards … Read more

Don’t Move Somewhere Just Because It’s Cheap

Don’t Move Somewhere Just Because It’s Cheap

“When I was a kid my parents moved a lot, but I always found them.” –Rodney Dangerfield We were getting tired of where we lived. It felt small. It wasn’t located near family. We liked our friends there, but they kept moving away. After a year or so of grousing that things didn’t seem quite … Read more