What would you do if you won a million dollars? I’d buy a small house and then hop on the first flight to Australia to meet my nephew.  I’d travel, I’d give some away.  I would buy more books.  I would probably splurge on a really, really nice necklace. When we think about money we [...]

What is the basis of a truly happy marriage? Romance? Communication? True love? It certainly isn’t money, right? Most people would agree that money isn’t what makes a good marriage but, according to marriage counselors, it is certainly a big factor in making a bad one. The British relationship counseling service Relate found, in a [...]

Every day, we face decisions about money: how to earn and spend it, save and invest it. While countless books, videos and seminars offer a flood of advice, financial success is really about mastering three fundamental principles. 1. Live within your means As someone quipped, “Why do we spend money we don’t have, to buy [...]

What do you do when not only the money stops, but you realize you have serious personal problems to deal with as well? After building a multi-million dollar company, Ron Varela suddenly began to encounter both business and financial struggles. First an accident and resulting lawsuit cost him most of his net worth. Then, struggling [...]

Consider it Free Money! No interest! No monthly payments! How often have you heard experts talking about small and medium-sized businesses failing because they were ‘under-capitalized’? But you don’t hear too often the remark that failing companies are over-indebted! I suggest that the latter happens far more frequently than the former. So many new businesses [...]

Even though the G20 summit is three weeks away, security barriers are already being constructed in Toronto. The Star reports that “Thick concrete blocks and steel poles holding wire mesh fencing have gone up overnight just south of the Rogers Centre as crews start installing security barriers for the G20 summit in Toronto.” These security [...]

Many people think that taking measures to save the environment has to cost a lot of money. It’s true that most major changes, such as installing solar panels or buying a hybrid car, take a high initial investment. While these improvements actually do save money in the long run, for those of us who are [...]

Profile on Daniel J. Arnold, President Road Ranger LLC

Take a moment to think about your financial habits – good and bad. Do they mirror things your parents did? Was your father a diligent saver who was certain to be ready for that “rainy day”? Or did your family value new things, even if it meant going into debt? Understanding the origin of your [...]

22:24

Making Money to Give Away

Bobby Dobson seemed destined for business success. Sure enough, he eventually rose to the top of his game as a tax lawyer. But Bobby’s achievements came at tremendous cost for both him and his family, eventually leading him to walk away from business for good as he discovered an entirely new way to define success. [...]