The Wisdom Journal — Wise Choices. Improved Finances. A Better Life.

Why I Didn’t Buy A Franchise

by Ron on August 31, 2010

Franchises offer a lot of benefits for entrepreneurs. The biggest benefit is the “system” that a franchise develops and then sells to franchisees. With a franchise, you get instant name and brand recognition, and the assistance of a team or professionals who have “been there, done that.” But all that glitters is not gold in [...]

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Getting Past A Call Screener

Getting past a call screener is easier than you think. Of course, some people are totally confident in their ability to use the phone and get to a decision maker (we generally call them high powered salespeople). However, 90 percent of us are reluctant to pick up the phone and make a “cold call” if [...]

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Roundup and Link Love: End of Summer 2010 Edition

Yeah, I know. Summer officially ends September 20th or so, but when the kids go back to school, let’s face it: summer’s over. We’re caught up in back to school-itis. Here are some great articles and posts I read this week. Check ‘em out! Democrats, Republicans, and the Federal Debt Since 1979 – you might [...]

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8 Job Market Myths and Truths

Finding a job in the midst of an economic recession can be a daunting task. The job market seems confusing, positions scarce, and applicants plentiful while the myths abound more than ever. I believe the key is to seek more than just a job, but to seek a position. A job is general, whereas a [...]

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Things Your Traditional Banker Won’t Tell You About Online Banking

Have you made the switch to online banking yet? I made the switch myself several years ago and I gotta tell you, I love it. There are many benefits to handling your bank account online, many of which your traditional banker won’t admit. Let’s face it: dollars are dollars and whether you use them through [...]

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Could College Make You Poor?

When I was in high school, I had no worries, no cares, few bills, and no clue. I earned money mowing lawns, working in the meat market in my local grocery store, babysitting, sacking groceries, and building a home. But I spent every thin dime I made. On what? I have no idea. There isn’t [...]

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Credentials Vs Accomplishments

Who would you rather trust in a battlefield situation? A higher ranking officer who recently graduated in the top of his class and had a really clean uniform, or a tough old grizzled sergeant who had survived multiple battles? My money is on the sergeant. How about when it comes to building a business? Would [...]

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Things Vs Experiences

I’ve long been a proponent of using budgeted vacation money to buy experiences over using it to buy things. Things break. Things have to be maintained. Things get stolen, they wear out, they go out of style, and they get thrown into a corner of your attic and forgotten. Not so with experiences. Experiences create [...]

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Why Do You Shop? 10 Reasons And How To Change Your Shopping Habit

Why do people shop? This question has been examined by psychologists and personal finance bloggers for years and the reasons are usually broken down into the old needs vs. wants dilemma. I think it goes much deeper than that. We buy things we budget for and things we need – food, clothing, transportation, shelter, climate [...]

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A First Time For Everything – I Just Voted YES On A Tax Increase

When it comes to financial matters, I’m very conservative and a tax increase is something I have never, ever been in favor of. That changed today when I voted “yes” on a sales tax increase for my city. Why I voted to raise my own taxes I live in a town that’s the economic hub [...]

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