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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! π₯³ Happy Tax Day! Our friends at Passionate Penny Pincher share a list of tax day freebies for 2026. π₯ 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...
Good morning Reader! Moody's has an AI recession model that just said there's a 49% chance of a downturn. It's trained on 80 years of data and when the model hits 50%, there's been a recession within 12 months. And it's based on February data, which does not yet include the Iran war and its impact on oil prices. (and the two week ceasefire just announced yesterday night) That doesn't mean sell all of your stocks and hide. But it does mean it's time you should be playing defense in other areas...
Good morning Reader! You should watch this explanation of the Yen Carry trade and how its unwinding impacts our economy and your personal finances. As a long term investor, I am not adjusting my allocations or making any other significant changes. I will, however, make sure that my actual allocations match my targets. I believe in remaining informed, even if it doesn't affect my actions, because then I won't be surprised when something happens. The market is dominated so heavily by news...