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Category: Finance

We Can’t Afford It Anymore

Posted November 1, 2022November 1, 2022 Seven Dollar MillionairePosted in Finance

(This post was originally posted on the Money Awareness and Inclusion Awards website.) The time has come to help the world understand how money works before another crisis starts because it will. The one thing we really can’t afford during this latest crunch – today’s cost-of-living crisis – is to […]

8 Great Financial Literacy Books From Around The World

Posted October 31, 2022November 1, 2022 Seven Dollar MillionairePosted in Finance

(This post was originally posted on the Money Awareness and Inclusion Awards website.) Here are the top 8 books on financial literacy as voted by the public in the Money Awareness and Inclusions Awards 2022.  While they are all really useful individually, collectively they show the efforts being made all […]

The Best Definition of Financial Literacy

Posted October 29, 2022November 1, 2022 Seven Dollar MillionairePosted in Finance

(This post was originally posted on the Money Awareness and Inclusion Awards website.) How do we define financial literacy? And does it matter? Given that the two worst ways to start a speech, presentation or even a blog post are probably by asking a question and quoting a dictionary (or […]

How to Talk to Teens About Money

Posted October 28, 2022November 1, 2022 Seven Dollar MillionairePosted in Finance

(This post was originally posted on the Money Awareness and Inclusion Awards website.) 9 award-winning financial literacy ideas from the MAIAs Talking to our teenage children is never easy. This is compounded further if it’s a subject that school isn’t teaching them and that we know is important – like […]

The Origin Story of Failure

Posted September 10, 2021September 10, 2021 Seven Dollar MillionairePosted in Finance, Success Story

All successful work is in progress. There are many starting points, but few finishing points, until you admit failure and stop. Until then, you just keep on trying. For my work in financial empowerment, there have been a lot of different starting points, for different projects in different places. I […]

How I Got My Dad to Invest In An S&P 500 Index Fund

Posted August 10, 2021August 10, 2021 Seven Dollar MillionairePosted in Finance, Saving

My dad turned 52 this year, which also happened to be the year when he opened his first-ever brokerage account and bought shares of the SPDR S&P 500 trust. A little bit about my dad. He was born into a family of six children in Northeastern China, in a very […]

Money Is A Tool

Posted August 2, 2021August 2, 2021 Seven Dollar MillionairePosted in Finance

Money Is A Tool (This is a potential excerpt from an upcoming book – please tell me what you think.) Money is a tool none of us is taught to use properly. This could seem arguable and unimportant, but it is neither. It is in fact hard to overstate both […]

The Dictionary Definition Of Saving Is Wrong

Posted July 19, 2021July 19, 2021 Seven Dollar MillionairePosted in Finance, Saving

I think I should write to Oxford, Webster and maybe even the people who put the squiggly lines under our words in spellcheck. You see, I think they’ve got something wrong in their definitions of saving. There’s something really important missing. As we all know, the least imaginative way of […]

The Story of Peggy Pigasus

Posted July 5, 2021July 5, 2021 Seven Dollar MillionairePosted in Finance, Saving

Peggy Pigasus was born with wings, just like all the other pigasi (the plural for pigasus). But unlike other pigasi she couldn’t fly, because her wings were too small and her belly too big. Small wings and a big belly can’t stop a pigasus from dreaming though, and Peggy dreamed […]

Teach Your Kids To Fly Before You Empty Nest

Posted March 13, 2021March 13, 2021 Seven Dollar MillionairePosted in Finance

There’s a wonderful but frightening statistic about the amount of time parents spend with their children. I first discovered it on the website waitbutwhy.com, but as is the way with spreadsheet geeks, I went away and recalculated it myself. If you have a child when you’re 30 years old (I […]

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