In March 2019, Suze Orman made the ridiculous claim that she has never bought a cup of coffee. “I wouldn’t buy a cup of coffee anywhere, ever — and I can afford it — because I would not insult myself by wasting money that way,”Suze Orman, CNBC Of course you can afford a cup of coffee, Suze. You already own a private jet and private island, what's a cup of coffee in the … [Read more...] about Suze Orman’s Coffee Story Shows Why Personal Finance Gurus Should Be Ignored
Five Personal Finance Tips That Actually Work
The personal finance industry is filled with sound bites and one-liners that sound good without making an impact. Below are five pragmatic personal finance hacks that will move the needle. These aren't easy, but if they were, everyone would be rich. Photo by Suzanne D. Williams on Unsplash Live Below Your Means Once you make a certain amount of money, there is … [Read more...] about Five Personal Finance Tips That Actually Work
What Does an Inverted Yield Curve Mean?
An inverted yield curve is one of the market's most reliable recession indicators, and has predicted seven of the last recessions in the United States. We'll explain in this article the yield curve, and discuss why it inverts. Most importantly, we'll discuss what to do when the yield curve inverts. Inverted yield curves look a lot like this road What is a Yield … [Read more...] about What Does an Inverted Yield Curve Mean?
Why You Should Not Keep a Budget
With all of my writings about living frugally and maximizing your hierarchy of savings, you might be shocked that I'm completely against keeping a budget. Here's the deal, I have never kept a budget. Not only are they a waste of time, but they can actually deceive you and cause you to spend more money. Aside from causing you to spend more money, managing a budget … [Read more...] about Why You Should Not Keep a Budget
What’s the Right Retirement Age?
The right retirement age is different for everyone. Some want to retire as soon as humanly possible, and the FIRE movement has exemplified this. Others enjoy work and can't imagine retiring soon. The ideal retirement age is different for everybody. What's important is knowing when you can retire, and what you'll do with the free time. Have a plan, and know when you can … [Read more...] about What’s the Right Retirement Age?