It’s hard to argue that the student loan payment moratorium was somehow bad for borrowers. But some economists are still trying. … Read More
Awareness
Will millennials benefit from the largest wealth transfer in history?
Millennials have gotten the short end of the economic stick for most of their adult lives. But this bad luck might be about to change. … Read 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
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
