User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


79° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Steps To Financial Happiness

March 4, 2014, 10:10 PM by Angela Kennecke

Steps To Financial Happiness
SIOUX FALLS, SD -

Fights over money, mismanagement and debt can make our lives very unhappy.  But an Iowa man says he has the key to financial happiness--he's even written a book on it.

Michael Finley uses gimmicks to get your attention--such as the color pink and a pink wig theme on everything he does.

"I use the pink wig as an illustration to people to say, 'You know what?  I'm going to have to be different. I'm going to have to be willing to walk a path that is not the norm,'" Finley said.

Finley's taught a course on financial literacy for 25 years and has a class at the University of Northern Iowa.  He wanted to pass on a lesson he learned in financial freedom by getting rid of debt and investing regularly. 

"And gradually over time, through compound interest, that money grew and grew. It's not exciting. It's not really sexy," Finley said.

Finley says rather than seeking a financial advisor, you should become your own.

"Because the financial industry is basically set up to take money from you--not necessarily to help you grow your own money," Finley said.

He adds you have to be willing to forgo the latest electronics or other luxury items. 

"It's very easy to get caught up in thinking you're going to be successful if you have the latest computer, phone, pretty outfit or new car, big home--and the truth is--those things will make you less wealthy, not more wealthy," Finley said.

Finley says obtaining financial freedom is the key to financial happiness.

"Ideally, financial freedom allows you the opportunities to live out your passions, your dreams and when you're doing that and you're giving back to yourself and your community--that's how you find happiness," Finley said. 

Finley's also holding a contest and plans to give away a total of $100,000 of his own money to ten winners who read his book and take a test on it.  You can find out more information online.

This article has been revised to reflect the following correction:
This story was updated with new information.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events