Welcome to Purposeful Money

“It is not enough to be busy; so are the ants. The question is: what are we busy about?” ~ Henry David Thoreau Seems to me we’re all born yearning for purpose.  We start asking “why” from the time we can talk and I don’t know about you, but I’m still asking “why” today.  When […]

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An Encouraging Word Makes the Heart Glad.

Anxiety in a man’s heart weighs it down, but an encouraging word makes it glad. Proverbs 12:25 The effects of encouragement is such a neat thing to watch.  Our little dog Dutch gives me a picture perfect example of it every morning.  Dutch loves to sleep.  I mean, really loves to sleep.  And he loves […]

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New Location for Stroudsburg Office

We’ve been busy around here for the past few weeks packing and unpacking, painting, and cleaning, as we moved our Stroudsburg office from Ann Street to 25 North 8th Street- just two blocks away.  The move reminded me of childbirth- it’s a big pain that you soon forget after it’s over, and when it comes […]

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Closed End Funds 101

As a follow up to my last post on mutual funds, this one will focus on another breed of investment funds — the closed end fund as suggested by a reader. The name closed end fund may suggest simply a slight variation of what we normally think of as a mutual fund. But in reality, […]

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Mutual Funds 101

The theory of risk reward says that in order to obtain more reward, one must take on more risk. In a recent post, I wrote about the little reward available these days in accounts that by design must be safe. For money that can and should take on risk in pursuit of a better return, […]

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A Legacy of Love

  Last summer, around Father’s Day and my dad’s 70th birthday, I wrote about the legacy my dad has built (and is building) in our family.  Well, my mom is co-constructor in that legacy building, so in honor of Mother’s Day, this time around I’d like to share my birthday tribute to my mom. How […]

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For the Moms

My editor at the Pocono Record asked those of us who write for Monroe Pike Life to send him our reflections on being a mom.  Mine are below. What are your thoughts- on being a mom, a dad, a relative- thoughts on the responsibilities and unexpected joys of caring for children? Elizabeth Stone said having […]

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Spring will come, I promise!

I don’t know anyone in the Northeast (and some in the South too) who wouldn’t agree that this has felt like the never ending winter.  We know rationally that spring will come, because it does every year.  But in the middle of these cold days, did you ever start to wonder if this will be […]

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Some nugget ideas for squirreling your money

The past few years have been downright pitiful when it comes to earning interest on bank accounts. With the average savings account paying close to zero, and some even charging fees, which puts your return in the negative, it can be discouraging to see your savings sit idle. But what options are there? With some […]

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Well hello, Dinner Fairy

For years, I have waited in vain each night for the dinner fairy to appear; alas, she did not and I would yet again accept that I would need to come up with a meal myself.  Cooking is not high on my list of fun things to do, and as my days got busier and […]

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The Most Common Budget Breaker

When you think about budget breakers, do you think of things like vacations and big-screen TVs?  While those surely can be expensive purchases, from my experience of working with folks on their finances, I’ve found it’s the relatively smaller category of convenience food that does the most damage to our finances on a regular basis. […]

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