🧠 How my thinking towards money has evolved

Published 18 days ago • 1 min read

Good morning to you Reader,

Did you know that the US dollar has lost 11% of its value in the first of 2025? (Source: Morningstar)

It's the worst half-year performance since 1991. So as you watch some assets go up in value (crypto, gold), recognize that a big part of that has to do with our dollars being worth 11% less than at the start of the year.

Yikes.

(View this email as a webpage)

📅 How my thinking about money has changed

I'm about to celebrate a birthday and I took a few minutes to think about how my approach to personal finance has changed over the last twenty-plus years.

I'm curious to hear how yours may have changed as you aged too.

👉 How my thinking about money has changed over 20 years (and what hasn't)

🎰 Are we in a jackpot age?

This post has a little bit of math but an important lesson - it's how we've become so enamored with jackpots (low probability events that result in massive wins) and the impact that has on society.

There's a little bit of math but it's correct and you can breeze past it if you'd like, the points are important to understand especially if AI concerns you.

(please reply and let me know what you think!)

👉 the jackpot age

💸 1 in 10 Americans are millionaires

I did not know it was that high!

And a thousand millionaires are added daily.

I was able to share my thoughts with AP reporter Matt Sedensky in his article on this subject.

👉 Who wants to be a millionaire?

What did you think of today's email?
✅ I Loved It! 🟨 It Was Okay ❌ Not My Favorite

Talk to you soon!

Jim

PS. Monarch Money is a popular budgeting and money management tool and for a limited time, you can get 50% off with the coupon code MONARCHVIP.

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