Welcome to Moolanomy. You’ve just found a roadmap to help you improve your finances and change your life! I have been managing my own finances since I graduated from college in 1995. Through the course of the years, I have done many things right, and I also made plenty of mistakes. I have learned a … Read more 12 Steps to Financial Freedom and Personal Finance Success
Sometimes, it’s easy to focus too much on money and forget why money is important. To me, the most important reason to have money is so that my family and I can thrive– e.g., to pay for food, shelter, clothes, medicine, health care, etc. — the basic living needs. Once these basic needs are satisfied, … Read more The Big Rocks of Life
Every year, we set up big audacious goals that we want to accomplish in the new year. Somehow, we are magically more likely to succeed because a number changed on the calendar. Personally, I subscribe to another method: achieving financial success is making the commitment to take a series of small steps in the right … Read more 40+ Money Hacks and Ideas to Improve Your Finances in 2019
Have you ever asked yourself the question, “How can I become rich”? You’d be surprise at the number of people that never ask the question; for fear that they may be aspiring to a goal that they may never be able to reach. Most people find that wealth eludes them, only because they have not … Read more 7 Pillars of Wealth Creation
With these tough economic times, many people are turning to food assistance from the government. Programs designed to help you pay for food are available. Yet such programs are not meant to completely pay for many families’ food needs. For the most part, such programs are meant to be supplemental. Depending on your situation, it … Read more Could You Survive on WIC and Food Stamps?
I’ve long been familiar with the concept of figuring out whether I’m a spender or a saver. However, it has always seemed to me that few of us fit easily into one of those two categories. As result, I was intrigued by the assertion by Bethany and Scott Palmer (“The Money Couple“) that there are … Read more Which of the Five Money Personality Types Are You?
Similar to the Frugal of Cheap Test, I am going to throw another one out there for your enjoyment. I hope that you’ll like this Financial IQ Test as much as the last one and find it somewhat educational as well. Please note that I’ve included a link or two for some questions. These links … Read more What’s Your Financial IQ? Here’s a Test
I disagree with the common assumption that buying a house will be your biggest financial decision. I believe your choice of a marriage partner will be your single biggest financial decision. Besides, who do you think is going to help you make the house decision? Therefore, make your spouse decision carefully. The reasons go far, … Read more Your Most Important Financial Decision: Choosing a Spouse
I have two daughters and one son. They are all quite young (the oldest is four). At this moment when I look ahead to the future I am have the exact same financial plan for each of them. Currently, we financially treat them all the same. We save the same amount for college, buy the … Read more Should Parents Have a Financial Double Standard For Sons and Daughters?
At an early age, it is difficult to teach children about money. Learning comes much more easily when it is fun. Game nights are a family tradition in many households and throwing in one of these board games can combine fun with a little financial education. The board games provide the basic concept for what … Read more 3 Great Board Games to Teach Kids About Finance