Human egocentrism is inherently costly to your relationships and to your finances. Is a sense of entitlement costing you? Hamm explains how patience and selflessness are financial virtues.
A well-executed bulk purchase of an item can save you a lot of money, Hamm writes, but a poorly-executed one can cost you money,
A new study throws a wrinkle in the timeless debate over whether making more money can make you happy.
Getting good at saving money and cutting back on expenses takes hard work and practice, Hamm writes, just like any other activity in life.
If your spouse has bad spending habits, there are some simple steps you can take to financially protect yourself.
There was always something new and something more to want, Hamm writes, but parents can teach their children how to control their spending and develop healthy shopping habits.
Frugality is easy when you’re seeking the best deal on a very specific item, Hamm writes. It becomes much harder when you’re comparing the merits of two similar items and trying to decide which one is really right for you.
Once you see that you can behave in a financially responsible manner for one single day, Hamm writes, it isn't too much harder to chain a few of those days together. Once it becomes easier to chain a few of those days together, it isn't too much harder to simply adopt some of those better financial habits as permanent life changes.
A good buying decision relies on more than just a quick reaction, Hamm writes. It relies on comparing several different products, not only in terms of their price and their price per unit, but in terms of the relative qualities of the item. The smaller your attention span, the less attention you’re giving to that decision.
In a week filled with debates around Obamacare and government shutdowns, Hamm encourages Americans to take pride in the fact that we live in a community and a nation that provides supportive programs such as food stamps and Social Security for people who want to survive and thrive.
Background checks are an absolutely vital part of the process of finding a roommate or hiring someone. Many of the steps you can take are things you can do on your own for free, but a professional service can often do a deeper job.
77 percent of parents say they are not always honest with their kids about money; 15 percent lie to their children weekly. How does this dishonesty affect children's future finance decisions?
All too often, big sales and steep coupons entice shoppers to buy things they don't need.
Victory gardens were planted in World War II to boost morale and ease the pressure on the food supply. You can have your own financial 'victory garden' even if you never plow a single square foot.
Money is a sensitive topic and talking about the subject with a spouse can be difficult. Sharing goals and following a plan can help, Hamm writes.
Hamm shares his most important financial lessons learned -- how to master frugality and still live comfortably.
One of the most challenging parts of signing up for a 401(k) plan or opening a Roth IRA is deciding which investment to put your money into. Hamm answers five simple questions you should examine when deciding what investments to make.
Hamm shares his most important financial lessons learned -- the importance of maintaining multiple sources of income and cultivating customers.
Quality products cost more upfront but they last longer, typically making them a wise investment, Hamm writes. While that may be a great philosophy for buying products, it’s also a powerful philosophy in other aspects of life.
With so many types of life insurance policies and such specific terms and vocabulary used to describe them, choosing a life insurance policy can be a complicated decision. In this 'ultimate guide,' Hamm explores the benefits of term life insurance policies and how to decide what policy is best for you.