Good morning Reader! There's a very interesting article on AI written by Matt Schumer called "Something Big Is Happening." As someone with kids, one of which is in high school and trying to figure out the world and where he fits in, this is an especially difficult time. If you thought it was hard to pick a major, now try to pick one that AI won't take over in a few short years. The article really makes you think and I personally agree with the thought that "nothing that can be done on a...
7 days agoΒ β’Β 2 min read
Good day Reader! You may start hearing the term K-shaped economy and wondering what it means. Companies that span the economic spectrum, like hotels and airlines, are seeing this in their business. (Marriott CEO just said this) It means that the economy is split in two groups and higher income households are doing better while lower income households are doing worse. It's the phrase "the rich get richer." Wealth inequality, measured by the Gini index, reported by the World Bank for FRED...
14 days agoΒ β’Β 2 min read
Good morning Reader! I love the Olympics. I prefer Summer over the Winter because of fencing (I fenced foil in a high school club and picked it up recently as a fun sport to do with our son), but I enjoy it all. For many athletes, it's a culmination of years of work and dedication to what is often a niche sport the world only cares about once every four years. Well, this year they're introducing Ski Mountaineering, or Skimo, to the Olympics. It's a mix of alpine skiing, climbing, and hiking....
21 days agoΒ β’Β 2 min read
Good morning Reader! Ahead of tax season starting in just a few days (Jan 26), the IRS has issued IP PINs for this year. If you're concerned about tax identity theft, here's how to get your PIN. Also, the Federal Reserve is set to meet next week and traders believe there's a 95% chance they keep rates the same. A small 5% chance they'll cut it by 25 basis points. As a result, we're not seeing any movement in savings and CD rates. π² Best Bank Rates (as of 1/20/2026): High Yield Savings - 4.31%...
about 1 month agoΒ β’Β 2 min read
Happy New Year Reader! There aren't too many tax moves you can make once it's 2026 but one thing to remember is that if you haven't maxxed out your Roth IRA, you can do so up until tax day. When you make a contribution, make sure you indicate what year it's for. If you don't, most places default to 2026. Any big plans for 2026? π² Best Bank Rates (as of 1/5/2026): High Yield Savings - 4.31% APY from Axos Bank Certificates of Deposit (see rates on CD Valet) Best: 4.15% from TPO Bank (6mo) 3...
about 1 month agoΒ β’Β 1 min read
Happy New Year Reader! Did you do anything fun for New Year's Eve? We took a trip to the Dominican Republic and flew back the day after the U.S. military captured Maduro in Venezuela. All flights from Puerto Rico were suspended but we managed to make it out despite being just one island over. Some people are still stranded there because there just aren't enough flights. Happy New Year! π² Best Bank Rates (as of 1/5/2026): High Yield Savings - 4.31% APY from Axos Bank Certificates of Deposit...
about 2 months agoΒ β’Β 1 min read
Good morning Reader? It's two days before Christmas and nine before the calendar flips to 2026 - this will also be the final email I'm sending this year. It's a good time to recharge and relax a bit and with all the kids home, now is as good a time as any! (I will probably record a few emails on Instagram though!) Do you have any holiday plans? π² Best Bank Rates (as of 12/23/2025): High Yield Savings - 4.31% APY from Axos Bank Certificates of Deposit (see rates) Best: 4.25% from Clearpath...
2 months agoΒ β’Β 1 min read
Good morning Reader? As 2025 draws to a close, you only have a few weeks left to do all those "year end money moves" people talk about it. If you aren't sure what I mean, here are a few ideas of what you can do before January 1st. These are things like harvest capital gains or losses, accelerate deductions, etc. Better to start them now than scramble December 30th! Happy holidays! π² Best Bank Rates (as of 12/16/2025): High Yield Savings - 4.31% APY from Axos Bank Certificates of Deposit (see...
2 months agoΒ β’Β 1 min read
Good morning Reader? When I was younger, I was very much an optimizer. I had the time to analyze and study and deliberate on what was best. As I've gotten older and my responsibility has increased, I've slowly morphed into a satisficer. That's someone who is quick to make decisions and that may mean you don't get the optimal result, but a "good enough" one. This is why I invest in index funds, have just a few credit cards, and automate practically everything. I really enjoyed Christine Benz's...
3 months agoΒ β’Β 1 min read