Whom Shall We Trust to Teach Our Children about Personal Finance?

The philosopher Plato believed that two of the most important questions that a society needed to address were: (1) what will society teach its children and (2) who will do the teaching.  Plato had some rather radical ideas about the answers to those questions, including yanking kids out of the home so that the elite (e.g., other philosophers) could do the educating.  Plato did not think that your average parental unit could be trusted with that job.  (If you’ve never heard of Plato, you need to question your own education.) Read more

How to Maintain Optimism in Tough Economic Times

Yesterday Mr. ToughMoneyLove suggested that ordinary Americans protest the credit and market meltdowns by burning their credit cards.  Expressing your anger is helpful when channeled in a symbolic way. 

But do not let your anger morph into feelings of hopelessness, helplessness and resignation.  You can’t afford it.  You must fight back.  Read more

Personal Responsibility in New Orleans: Does the Government Really Mean It?

Government Showing Disaster Relief Tough Love?

If you have been a regular reader of my blog, you know that Mr. ToughMoneyLove is a believer in personal responsibility in matters of money and personal finance.  My belief in personal responsibility extends to other life matters as well, particularly when the alternative is a dependence on the government and taxpayer dollars. Read more