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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.
Hello Reader, Has summer started for you yet? Today marks the final day of public school for our kids and so it'll be chaos in our home until camps start next week. When I was younger adult, I thought you should have school in the summer. Between the summer slide and worrying about childcare, it made no sense. But as our kids are getting older, I prefer the summers off. It's good for kids to have fun. Education and academics are important but are they the most important? Eh... I'm not sure....
Hello Reader, What's the worst financial advice you've ever received? The worst financial advice I got was when a real estate agent tried to convince me to increase my house budget by 20% โjust to see what I thought about those types of houses.โ I thought I could afford a $275,000 house and he took me to houses that were listed at $300,000+ because โI needed to know what a little bit more could get me.โ This was during the housing boom in the mid-2000s. He said that because I had a good job...
Hello Reader, Do you know about the TACO trade strategy? It stands for Trump Always Chickens Out and it was created by a Financial Times journalist. The name is a joke but the idea has seeds of truth to it. Here's the strategy in a nutshell - ignore Trump on tariffs because he's going to back down. It really only matters if you're an options trader, because options contracts can expire before the tariffs get reversed or reduced, but regular investors can just wait things out... which is good...