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Musings on personal finance and more...

3 reasons to ignore your bank’s spending categories

You should decide your own categories based on your specific situation. Also, your bank will always be wrong. … Read More

What is the I.B.E. Method for building wealth?

I describe the method I've used for over a decade on how to take control of your financial life so that you have the money you need to spend on what you want. … Read More

40 year mortgages are here (maybe). Would you want one?

To help more people afford homes, there is talk of a new 40 year mortgage product. This of course would not help who it is supposed to. … Read More

Do you know the difference between your needs and wants?

Spending can often be seen as a tension between "needs" and "wants", but aside from a few exceptions everything is a "want". And that's okay. … Read More

Would you even want to earn $1 million a year?

How massive income (like $1 million a year) sounds great in theory, until you learn what you need to do to get there. … Read More

How to be (more) self-insured

You can take control over your insurance needs and your money by recognizing that you yourself can become self-insured. Insurance is expensive, isn’t it? I know my car insurance just went up by about 15% this year, and that’s not … Read MoreRead More

It’s not enough to deposit money in your investment accounts

If you just deposit money in your investment account's settlement fund and stop there, it could cost you hundreds of thousands of dollars. … Read More

Hurting the poor: Another case against credit cards

You may think that by paying off credit cards that the only one that loses is the credit card company. But interchange fees say otherwise. … Read More

Your funds are safe: Why the FDIC is amazing

A bank run and collapse just reaffirms why the Federal Deposit Insurance Corporation (FDIC) is an amazing benefit to consumers. … Read More

Follow the M-Path: My new group coaching class

I'm proud to introduce a brand new group coaching class, a new way for people to develop financial skills, leave money anxiety behind forever, and build community. … Read More

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