wealth Archives - Page 2 of 3 - Empathic Finance

How could you make $100,000?

Posted by Mike Pumphrey on September 30, 2019 | Featured

I’m challenging you to think big about your income, so big that it’s beyond what you might ordinarily think is possible. … Read More

Tags: income, mindset, Run Lola Run, wealth

Why your goal is to not care about frequent flyer miles

Posted by Mike Pumphrey on September 23, 2019 | Featured

What the impact on wealth accumulation has on playing the frequent flyer mile game. I’ve been collecting frequent flyer miles for years now. I started collecting US Airways miles almost 20 years ago, but the idea that I would somehow … Read More … Read More

Tags: frequent flyer miles, wealth

How your decisions change when you have more money

Posted by Mike Pumphrey on June 10, 2019 | Featured

In New York City, you can take a helicopter to the airport. It runs about $200, and takes you five minutes. There are a few different ways you can respond to this particular factoid. For many/most people: “That is absolutely … Read More … Read More

Tags: helicopter, NYC, prices, wealth

How do you know how much money you need?

Posted by Mike Pumphrey on November 1, 2018 | Featured

Let’s face it: you probably have no idea how much you need to save in your life. This isn’t your fault. Like so much of financial security, we’re not taught anything in a comprehensive, start-to-finish sort of way. So we … Read More … Read More

Tags: investing, saving, wealth

Would you even want to win the lottery?

Posted by Mike Pumphrey on October 29, 2018 | Featured

I’ve spoken before about how it’s not worth it to play the lottery. As my college roommate once said to me (unimprovably, I thought), “you have about as much chance of winning the lottery if you play as if you … Read More … Read More

Tags: lottery, wealth

My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7)

Posted by Mike Pumphrey on October 25, 2018 | Featured

This post is part of a two-part series: My take on Dave Ramsey’s 7 Baby Steps (Part 1, Baby Steps 1-3b) My take on Dave Ramsey’s 7 Baby Steps (Part 2, Baby Steps 4-7) In my last post, I talked … Read More … Read More

Tags: college, Dave Ramsey, debt, investing, mortgage, wealth

How having more money can make you anxious

Posted by Mike Pumphrey on February 5, 2018 | Featured

People think that money can solve all of their problems. Yes, there’s the old saw about how “money can’t buy happiness”, but usually people see past that and think, “yeah, but it would certainly help“. And that’s true. When you’re … Read More … Read More

Tags: choices, poverty, wealth

5 things about money that are strange when you start to think about them

Posted by Mike Pumphrey on November 30, 2017 | Featured

I typically think about money in terms of what it can do for people, but sometimes, I think about money itself, in the abstract. Kind of like this guy: Watch this video on YouTube Okay, actually not at all like … Read More … Read More

Tags: coins, debt, wealth

If you’re not wealthy, is it your fault?

Posted by Mike Pumphrey on September 4, 2017 | Featured

I’m troubled. I was listening to a program on the radio (which I’ll leave unnamed for reasons you’ll see soon). It was one of the 27 various programs on financial wellness that seem to pepper the AM dial at any … Read More … Read More

Tags: empathy, millionaires, poverty, wealth

How do people do it?

Posted by Mike Pumphrey on September 26, 2016 | Featured

It’s not hard to look around and be amazed. You hear about your co-worker’s most recent trip to Hawaii. Your friends post on Instagram a gorgeous sunset taken from the middle of the South Pacific. And then you move on … Read More … Read More

Tags: appearances, wealth

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