Learning about how to get and use money is something that you should start doing as early as possible, long before you have a job. If you learn about managing money, a skill called financial literacy, it will be much easier for you to be happy and successful when you’re grown up and have to […]
3 min read
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I grew up with an interest in economics because my father was an economics professor. One of the lights in his intellectual firmament was Milton Friedman (1912-2006), who won the Nobel Prize in economics in 1976 for his work “in the fields of consumption analysis, monetary history and theory, and for his demonstration of the […]
3 min read
Urban dictionaries define “expensivity” as the gravity of how expensive something is, so let’s combine gravity and money to take a fun look at some of the most expensive substances in the universe by weight. Obviously, this is more of a continuum than we’re able to represent here, but from white truffles to antimatter, get […]
22 min read
So you want to become a millionaire? Welcome to the club. Working towards that goal won’t be easy and it will require hard work, but it is achievable. Understanding financial literacy, controlling your spending, and increasing your savings are all part of the journey Yet the most crucial step toward achieving millionaire status is deciding […]
6 min read
A personal loan is a line of credit that is taken out through a lender, which is paid back in pre-agreed upon monthly payments until the loan principal and loan’s interest is paid back in full. However, unlike a more traditional loan (such as a mortgage loan or an auto loan), a personal loan isn’t […]
19 min read
Warren Buffett famously remarked that “if you don’t figure out how to make money while you sleep, you’ll work until you die.” Of course, avoiding this fate can also be achieved by making extra money during the day in ways that don’t interfere with your regular job. What I’m about to discuss falls more in […]
50 min read
Whether you can or should restructure your debt or refinance your debt will depend on your unique financial situation, your specific needs, and what options are actually viable for you based on your circumstances (such as your lender(s), how much debt you have, and other factors). Not every debt will be able to be restructured, […]
15 min read
The Wealth Tax in Plain English What would it mean for the government to impose a wealth tax? In the broadest sense, a wealth tax is imposed on everything that you own. Such taxes are often reserved for those the government deems to be “wealthy.” This can be an individual or a corporation, since the […]
24 min read
“The way to wealth is as plain as the way to market. It depends chiefly on two words, industry and frugality: that is, waste neither time nor money, but make the best use of both. Without industry and frugality nothing will do, and with them everything.” Benjamin Franklin The Financial Literacy Problem in America Despite […]
41 min read
Here are fifty easy ways to make money, ranging from spare change to things you can turn into a full-time career.
31 min read
Parents must learn how to teach kids about money. By starting young and introducing new topics over the years, you’re setting your children up for success.
19 min read
Building Financial Success: Why Should You Care about Credit Cards? Credit cards–who needs them? While various schools of thought offer different approaches to answering this question, we believe that credit cards are virtually undeniable as a resource of modern finance, and represent an excellent tool for building financial wellbeing in general. In this guide we […]
31 min read
Imagine a world in which money abounds but people are too fearful to spend it. Thinking that things can only get worse, they hold onto it for a worse emergency than the present distress. In consequence, even though there’s a lot of liquidity, very little gets spent. This is a deflationary scenario, and it doesn’t […]
5 min read
