I don’t use a budget. I’ve been in charge of my own money since I got my first part-time job, in a grocery store, at the age of 15. Not once since that time have I ever written out a budget in order to allocate a certain amount towards food, towards clothing, towards entertainment, towards […]
Roughly 20 years ago, I landed my first professional office job. It entailed monthly meetings with my manager, wherein I updated him on my current workload. He was an amiable man and most meetings were sprinkled with little nuggets of life advice. One of the acorns of advice that has always stayed with me is […]
Raise your hand if you’ve found some surprise money in your bank account this past month! While a great many people have lost their jobs, those who haven’t might have noticed that there’s definitely extra money in their bank accounts. This is called surprise money because most people are surprised by how much they normally […]
Tempus fungit… which is Latin for time flies. And boy does it ever! In 2006, I was fortunate enough to pay off my house. Unfortunately, I wasn’t smart enough to immediately turn my former mortgage payments into investment contributions. Instead, I didn’t start dollar-cost-averaging into the stock market until 2011. This was on one of […]
Over the past few weeks, I’ve heard people talking about the right of offset. As I understand it, the bank who lends you money has the right to take money out of your bank account, held at the same bank, if you don’t pay your debts on time. Wait! What? Start from the beginning, Blue […]
Right from the get-go, I’m going to ask those of you who already know this to forgive me for stating the obvious. Minimum payments benefit the lender way, way, way more than they benefit the borrower. Beware the minimum payment! When you borrow money from the lender, you’re taking out a loan. And when you […]
How are you doing today? I hope that you’re ignoring the gyrations of the stock market and going about your business of self-isolating, washing your hands, and self-distancing. They might not be the most exciting activities, but they will flatten the curve and help to avoid overburdening our hospitals. As I approach my golden years, […]
I don’t know about you but sometimes I need to take a break. The world is currently caught up in a pandemic – a very bad thing. The news outlets are constantly issuing new articles – another very bad thing. It’s impossible to know who to believe, who to disbelieve, what’s true, and what’s not […]
The entire world is facing the COVID19 pandemic right now. There is nowhere to hide, and there is currently no vaccine from this disease. However, each of us has the power to slow its spread. We should all do what we can to stay home!!! It’s very simple: stay inside your own home. The coronavirus […]
First and foremost, I am not an economist. I write this article as someone old enough to remember H1N1, SARS, the Great Financial Crisis, and the DotCom crash. I’m quite certain that there were other economic challenges earlier in my life but I was young enough, or naive enough, to take no notice of their […]