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Blogger Profile


Brent Esplin

Blog Info

Name:
The Micawber Principle
Category:
General Finance
Tags:
Start Year:
2012

Blogger Bio

Location:
Taylorsville, Utah, United States
Age:
50s
Race:
White
Gender:
Male
Life stage:
SIK (Single Income, Kids)
Profession:
Accountant
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Latest Blog Posts

Investing success accrues not so much to the brilliant as to the disciplined.  – William Bernstein Stupid is as stupid does.  – Forest Gump   In investing, behavior is more important than brilliance, and it isn’t even close. Consider the case of Sir Isaac Newton.  Newton was one of the most influential scientists ever and… Related Posts: Financial Priorities: Separating the Essential from… Pigeons, Patterns, & Predictions: What Can We… 3 Riddles, 1 Answer Try ...
Posted: Feb 19 2019 @ 4:00 AM
John C. (Jack) Bogle died January 18, 2019 at the age of 89.  Bogle created the first widely available index fund and relentlessly worked to lower investment costs, eventually forcing other mutual fund companies to follow his lead.   It is not an exaggeration to say that Bogle did more for individual investors than anyone… Related Posts: Micawber’s Favorites – May 20, 2017 10 Investing Lessons From Dilbert Creator Scott… Don’t Pay for the ...
Posted: Jan 24 2019 @ 4:17 AM
For me the Christmas season isn’t complete without reading or seeing a theatrical presentation of Charles Dickens’ “Ghostly little book” A Christmas Carol.  Nothing conjures the Christmas spirit quite like watching the miserable old miser Ebenezer Scrooge transform into a jolly philanthropist due to a trio of ghostly visitors, the Ghosts of Christmases Past, Present,… Related Posts: Micawber’s Favorites – December 23, 2017 (Christmas Edition) Are You a Saver or a Hoarder? A ...
Posted: Dec 22 2018 @ 4:28 AM
My father, Kent Esplin, was destined to be frugal.  The first reason was that he raised during the Great Depression.  My grandfather and grandmother, Frant and Annie Esplin (we called them Mom and Pop), lost their sheep ranch near Zion National Park at the start of the Depression.  Dad was six or seven at the… Related Posts: Making More Money Is Not The Solution to Every… The Case of the Missing Bullet Holes The ...
Posted: Dec 11 2018 @ 7:43 AM
Nobody can do for little children what grandparents can do.  Grandparents sort of sprinkle stardust over the lives of little children.  – Alex Haley, author of Roots It might be true that grandparents sprinkle stardust over the lives of their grandchildren but grandparents are richly rewarded in return.  I had always heard how great it… Related Posts: The 10 Smartest Things Ever Said about Teaching… Money Funnies: 15 Humorous Money Quotes and the… Micawber’s ...
Posted: Nov 29 2018 @ 4:01 AM
What is Bitcoin and how does it work?  The first thing you need to know is that I am the furthest thing from an expert imaginable.  I am not invested in Bitcoin and have never seriously considered investing.  However, I am interested in all things related to money and since I have been asked about… Related Posts: Micawber’s Favorites – December 9, 2017 Micawber’s Favorites – January 13, 2018 Micawber’s Favorites – December 16, ...
Posted: Nov 15 2018 @ 8:49 AM
Money skills are truly 21st century survival skills. – Richard B. Wagner Wagner goes on to say, “…money skills access the stuff of survival. For first world ‘us’ money is our key for food, shelter, and clothing.” This is undoubtedly true, and since every parent’s goal is for their children to one day leave the… Related Posts: 4 Fantastic Ideas to Help Grandchildren Financially… Micawber’s Favorites – December 9, 2017 You Are the Hero ...
Posted: Nov 08 2018 @ 4:12 AM
There is a popular theory that one of the primary ingredients of happiness is progress. This is sometimes called The Progress Principle. In summing up the progress principle Psychologist Jonathan Haidt wrote: “Pleasure comes more from making progress towards goals than from achieving them.” Tony Robbins adds: “I can tell you the secret to happiness… Related Posts: Want to Achieve a Financial Goal? Follow This Blueprint 5 Secrets of Financial Success Hidden Behind ...
Posted: Oct 22 2018 @ 3:03 AM
Run Your Own Race!Money advice that’s financially sound may not be psychologically sound. – Catey Hill In his book Smarter, Faster, Better author Charles Duhigg recounts an interesting experiment done at Duke University several years ago. The subjects were varsity athletes. They were taken to a running track, placed 200 meters from a finish line,… Related Posts: More vs. Enough: The Principle of Financial Finish Lines The Retired Greyhound: Money Without Meaning Cannot… Want ...
Posted: Oct 20 2018 @ 1:08 PM
“It might be scary, but nobody gets hurt on a roller coaster unless they jump off.” – Dave Ramsey “Please keep your hands and arms inside the train at all times, and enjoy the ride” the voice on the intercom announced as we rolled slowly out of the station. The train then took a sharp… Related Posts: What If Your Impossible Dream Doesn’t Come True? Lessons in Saving from an Ancient Greek Wrestling… Avoid ...
Posted: Oct 13 2018 @ 7:43 PM

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