Archive for Personal Finance

21st Century Georgics: An Introduction

by: Hyrum Lefler March 8, 2010

A key factor in maintaining freedom is sustainable economic forms.
Are you maintaining freedom through the financial principles and practices you are using? Have American families adopted the economic forms necessary for the preservation of a free people?
The average American household pays over 34.5% of every dollar earned to interest payments. Forget about [...]

I’d Rather Have the Guinness

by: Bryan Hyde February 24, 2010

Given the economic uncertainty of our time, it may be helpful to take a step back and gain a broader perspective.
Much of the concern being expressed today over the rising cost of living and the shrinking dollar has more to do with how they impact our ability to enjoy our favorite material pursuits and less [...]

Increase Your Abundance by Giving it Away

by: Stephen Palmer February 12, 2010

Creating wealth is simple: Inventory all of your resources and, if you’re not utilizing them, begin to use them to productively, or give them to someone who will use them.
“Productive use” means using resources to fulfill human needs and desires. In other words, figure out what people want and give it to them.
We’re not given [...]

Georgic Economics: The Genesis of Liberty

by: Hyrum Lefler February 8, 2010

A “Georgic economy” occurs when families plant seeds after preparing the ground; they then water, tend, protect, and eventually harvest.
In our modern day, it is experienced by families who adopt Georgic principles in their finances. It is compared to banking as well: Banks plant seeds (of capital) and harvests increase over time.
When America shifted from [...]

Lemonade the Movie: Hope for those Struggling with Unemployment

by: Stephen Palmer February 6, 2010

Produced by Erik Proulx, Lemonade is a “project by and for those who have been affected by unemployment.” It’s about people who lost their job, but found their calling in the process.
I don’t know how many members of our community have been affected by unemployment, but current statistics tell us that it’s 1 in 10.
As [...]

The Enemy Within

by: Stephen Palmer January 23, 2010

While our nation struggles to protect itself from terrorism, another enemy just as dangerous to our freedom is almost imperceptibly enslaving us from within.
This sirenic enemy is not human, but it manifests itself in the material things we use every day of our lives. It is our custom homes, our SUVs, our new furniture and [...]

The Deception of Consumption

by: Stephen Palmer August 28, 2009

If anyone ever tries to tell you that the economy is driven by consumer spending, I have one piece of advice: RUN!
This one fallacy alone has arguably caused more damage to our nation than any other, and a person who believes it is either deceived, or is using it to be deceptive, or both.
I once [...]

“They Made Little or No Money Investing”

by: Stephen Palmer May 13, 2009

In Killing Sacred Cows: Overcoming the Myths that are Destroying Your Prosperity, Garrett Gunderson and I highlight the following study, which is found in Getting Rich Your Own Way by Srully Blotnick:
In 1960, Mr. Blotnick began a study of 1,500 people representing a cross-section of middle-class America. Throughout the twenty-year study, they lost almost a [...]