The Myth Of Luck In Financial Success

Earlier this morning, I read a reply to a post on The Simple Dollar about improving your financial situation that got me thinking.

The Myth Of Luck In Financial Success

Leah W, along with a few other people, disagreed with some of what Trent said.

I’ll be honest, it’s hard to tell which of the comments are her own thoughts, and which ones are the comments of others, but it’s not about who wrote what, it’s about what was said.

Sam is a gentleman that had just written the following to Trent at The Simple Dollar in response to just about all the information available on his blog:

You think your world is all rainbows and puppies. Guess what? Karma will eventually bite you in the [rear]. Seven months ago I got fired from my job for no fault of my own the company was going under. Now I can’t pay my bills and I’m going to lose my house. Your life isn’t a real life.

Here is some of what Leah W. posted:

Not all people are so lucky. Trent often overlooks the “luck” factor and chalks it up to his hard work and dedication. Truly, that’s part of the mix. But some people work just as hard and are just as dedicated, but they end up like Sam.

It is true, many people work equally as hard and are just as determined as those around them, so what is it that makes some of them more financially successful than others?

I would not say luck.

Your Excuses For Not Saving Money Suck

I hear them all the time. People ask me for advice on how to make or save more money, and when I tell them exactly how to do it, I’m told it’s impossible for one reason for another.

Your Excuses For Not Saving Money SuckTo be honest, I used to be the same way, until I realized that I was justifying my actions because I didn’t want to change the way I lived.

What Are Active, Passive, and Semi-Passive Income and How Can I Use Them To Make More Money

So far, many of the articles on The Best Money Blog have covered different ways of saving money as well as adopting a proper attitude towards saving money and managing your personal finances, without really venturing into the realm of earning money.

What Is Active, Passive, and Semi-Passive Income and How Can I Use Them To Make More MoneyToday I want to go over three different types of income (active, passive, and semi-passive), how they all work, and how you can utilize each type to continually increase your net worth.

Carnival of Personal Finance #264

Thanks to Evan over at My Journey to Millions for hosting the 264th Carnival of Personal Finance.

The Best Money Blog was featured in the “savings” section.

Carnival of Personal Finance #264

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5 More Money Leaks In Your Life

As a follow up to one of my first articles, 6 Major Money Leaks In Your Life, I have collected another group of items that drain cash from your bank account on a monthly basis.

5 More Money Leaks In Your LifeIf you can avoid charges from multiple items on each list, you will save yourself a decent amount of extra money you would have otherwise wasted.

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Money Saving Idea #1 – Cash For Food

This is the first in an ongoing series that will chronicle the different money saving ideas my wife and I try.

Hopefully it will provide some insight and inspiration to those of you having trouble coming up with ideas of your own.

Money Saving Idea #1 – Cash For Food

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