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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 morning Reader, Quick heads up: This afternoon, the Fed will announce what it'll do with interest rates and traders expect it'll get lowered by 25 basis points to 3.75-4.00%. (nationally available CD Rates are mostly under 4% these days) When rates go down, borrowers get rewarded and savers get punished. It's cheaper to borrow and you get paid less to save. The economy will like it, as companies like to borrow money, but remember that if you want to get higher yield on your savings, lock...
Good morning Reader, My parents visited last week, the first week of the government shutdown, but their friends were able to visit various D.C. museums because they still had funding. Now most are closed. NPR has a good updated recap of what's being impacted as the shutdown enters it's 4th week. Has the shutdown impacted you? (View this email as a webpage) ποΈ You're allowed to outgrow things When I started working, I kept a budget in an Excel spreadsheet. I tracked everything down to the...
Good morning Reader, Did you know Amazon has an Alexa skill where you can ask it to send you samples? It's made by and after you set up the skill, you can ask Alexa to send you samples if they have them. I explain it on Instagram, which has decided to cut off my hair whenever I use a green screen. π€£ You can also sign up to SendMeASample.com directly and request samples. Right now they're giving a sample of Chomps. (View this email as a webpage) β²οΈ Itβs never too late When I was younger, I was...