Bank OZKSmart Money Habits Blog

Here’s Where to Find Free (or Low-Cost) Expert Advice for Your Small Business

There are three reasons entrepreneurs don’t seek professional help: they don’t know it’s available, they assume it’s not needed, or they think it’s too expensive. All three of these are wrong. We all need help, and asking for it reveals strength, not weakness. According to a Harvard study, people who seek advice appear more competent […]

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You Are Up To The Challenge

It’s the single best thing that I’ve ever done.  —Mikael Lindnord There was something bigger . . . than winning.  —Staffan Björklund I’d forgive you if you thought those quotes were referring to a small business. They’re not. They’re about the 2014 Adventure Racing World Championship, a grueling 435-mile race that reached 15,000 feet in […]

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Profile of a Legend: Dean Smith

They say everything is connected, and perhaps it’s true. James Naismith invented basketball in 1891 and founded the University of Kansas basketball program. While there, he coached Phog Allen, who later took over the legendary Kansas program and won the 1952 NCAA Tournament with none other than Dean Smith playing on the team. Smith later […]

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The New Tax Plan Makes it Smart to Pay Off Your Mortgage

Embracing change is a big part of being successful, and the new tax plan will likely change many of the financial rules we’ve come to accept. For example, you’ve probably heard that your mortgage is a “good” debt and it’s best not to pay it off early. It’s time to ditch that rule of thumb. […]

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John Wooden’s First Year Coaching Did Not Go Well

Sometimes the story behind a person only makes their accomplishments more amazing. Like with John Wooden. In 2009, he was named the greatest coach in American sports history, ahead of legends Vince Lombardi and Bear Bryant. And yet Wooden’s father taught him to “never try to be better than someone else.” When receiving the award, […]

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The Things You Own End Up Owning You

I was first exposed to the title of this article in the hit movie Fight Club, and it resonates in my life. I have an attic filled with boxes I’ll never open, an extra car in my garage that I never drive, a boat that sits in paid-storage that breaks down yearly, and so many […]

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The Fundamental Law of Personal Finance

People have this habit of overcomplicating stuff. When it comes to our money, we do it like crazy because money triggers all kinds of emotions, especially fear. There are ten million personal finance books out there and one hundred million blog posts (even on this blog we are writing regularly about saving smart and building […]

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Wisdom You Can Take To The Goal Line

Over on social channels, we’re celebrating Super Bowl LII with wisdom from some of football’s legendary coaches. Be sure to check out the #SuperBowlWeekQuotes hashtag by following us on Twitter, LinkedIn, and Facebook. A great coach understands the impact their words can have on people. These coaches are respected because they taught their players how to win, but […]

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Should You Hire an Employee You’ll Never Meet Face-to-Face?

Outsourcing isn’t just for corporations anymore. With modern technology, it has never been easier for small businesses to hire skilled workers from around the world. They’re called virtual assistants and these work-from-home employees can fill small gaps in your workflow without the expense of full-time help. How? You pay only for time spent on projects. […]

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To Improve Your Finances, Be Like Muggsy Bogues

Muggsy Bogues, the shortest person to ever play in the NBA, has always been my favorite basketball star, and it’s not because he holds the record for most assists, steals, and minutes played for my favorite team, the Charlotte Hornets. He’s my favorite basketball player because when other height-challenged athletes would have worried about not […]

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