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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! There's a very interesting article on AI written by Matt Schumer called "Something Big Is Happening." As someone with kids, one of which is in high school and trying to figure out the world and where he fits in, this is an especially difficult time. If you thought it was hard to pick a major, now try to pick one that AI won't take over in a few short years. The article really makes you think and I personally agree with the thought that "nothing that can be done on a...
Good day Reader! You may start hearing the term K-shaped economy and wondering what it means. Companies that span the economic spectrum, like hotels and airlines, are seeing this in their business. (Marriott CEO just said this) It means that the economy is split in two groups and higher income households are doing better while lower income households are doing worse. It's the phrase "the rich get richer." Wealth inequality, measured by the Gini index, reported by the World Bank for FRED...
Good morning Reader! I love the Olympics. I prefer Summer over the Winter because of fencing (I fenced foil in a high school club and picked it up recently as a fun sport to do with our son), but I enjoy it all. For many athletes, it's a culmination of years of work and dedication to what is often a niche sport the world only cares about once every four years. Well, this year they're introducing Ski Mountaineering, or Skimo, to the Olympics. It's a mix of alpine skiing, climbing, and hiking....