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I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.
Good day Reader! The Federal Reserve meets this week and everyone expects them to keep rates unchanged. The Iran war lingers on, only a few tankers are making it through Hormuz each day, oil prices remain elevated, and that has kept inflation up... which means likely no change for the Fed rates. But Beth Hammack, president of the Federal Reserve Bank of Cleveland, said that inflation might force the Fed to raise rates! (might be a good time to check if you can get a better rate from Credible)...
Good day Reader! The up and down nature of the stock market this past week could give anyone whiplash - fortunately, the moves haven't been so big as to really push people to panic. But if you have felt uneasy, now is a good time to think about your risk tolerance. I think most people overestimate their tolerance of big market (and thus, portfolio) moves. If that describes you, now may be a good time to rethink it as the S&P just touched all-time highs. If you haven't been fazed... that's...
Good day Reader! 🥳 Happy Tax Day! Our friends at Passionate Penny Pincher share a list of tax day freebies for 2026. 🔥 The BLS released the March inflation figures and the impacts of the Iran war are now percolating through the economy. Up 3.3% in March vs. last year, up from 2.4% in February vs. last year - that's a big jump. This also means the Fed is unlikely to lower interest rates, which means those with debt are unlikely to get a reprieve anytime soon. If you have high interest credit...