#Savings

One of the best lessons from "Rich Dad, Poor Dad" was about using pre-tax versus post-tax money.This is an important distinction. Let's walk through a couple places where makes this
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2020 Annual Report for my Family's Personal Finance2020 Highlight Numbers Revenue declined -7.6% YoYNet Worth grew +166% YoYSavings grew +31.6% YoYSavings margin +38.9% vs 27.3% in 2019Full Details below: INCOME
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What annoys me about this student loan forgiveness debate is how it conflates high income people with generational wealth with high income w/o generational wealth. Those things are VERY different.
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Recently published paper in @JPubEcon :"Do Americans Want to Tax Wealth? Evidence from Online Surveys" Vol 188 (August)by Raymond Fisman(@RFisman ), Keith Gladstone, Ilyana Kuziemko(@ikuziemko ), and Suresh Naidu (@snaidunl
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The recent surge in US monetary aggregates does not portend to a spike in inflation. It is a red herring, in my view.The growth in broad money reflects primarily deposit
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1/4Trump’s former chief economic adviser Gary Cohn is quoted here as saying that he does not think the trade tariffs that the Trump administration imposed on China worked because the
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Washington Post reports that the current plan calls for stimulus checks of $600 per person, adults and children in a household alike, to begin phasing out at $75,000 in 2019
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So 4 covid + cases found in our society now and likely more.The lady who was taken to hospital yesterday is being brought back today because per day cost 50k
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1/14This very good article illustrates just how much confusion there is in understanding the accounting identities that describe the balance of payments. When a country saves more than it invests,
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Everyone knows he is a racist, classist, stupid addlepate. As the Psalmist says, "May his days be few; may another seize his position."Now, let's talk about housing and suburbs! For
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Rituals to make you Rich: Must read for every wealth seeker~ Thread ~ 1. Learn from Riches, Don't hateIf you usually hate others growth, you will never make it to
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What's the best advice you'd give to a young person starting out managing their own $$?Mine:1. Set up auto transfers into your savings/investment accounts2. Have at least 3 mos, if
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Today we have published 'Building a Living Pension' - supported by @AvivaUK - which examines how much is needed for an adequate income in retirement, the level of savings required
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Someone tried to claim that the Government isn't keeping anyone poor.Those of us on Disability for example would like a word."You can have $482500 in assets".No one is saving that
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People seem confused by this banal observation. If it doesn't generate cashflow, it's not an investment. If you have a use for it, it's a consumption good. If you have
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M1 money supply is rising at nearly 70% year over yearWhat is going on and does this mean inflation is coming? Shorter Answer: NoLonger Answer: Not from the monetary channel1)
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