IS IT TIME TO… Several economists are proclaiming “Now is the time…” 1. https://www.businessinsider.com/jeremy-grantham-recession-stock-market-crash-fed-bubble-rates-policy-2023-8?op=12. https://www.marketplace.org/2023/08/17/leading-economic-indicators-recession/ Now is the time to solidify your resources, they say. They are claiming that there is a serious recession coming. This time, they say, the recession was “baked in” when the Fed started raising interest rates. Namely, the Fed is hoping to cause a period of …
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Tag:Finances
GUEST POST from Don: How To Retire On Less
HOW TO RETIRE ON LESS Someone you know may be wanting to retire, but can’t. As youngsters they were never told that if they invested $10,000 in a fund that matched the S&P 500 when they turned 21, and never put in another dime, they would have a fund with more than $600,000 by the time they …
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GUEST POST from Don – Student Loans
STUDENT LOANS(ideas that will work far better) You are smarter than your above-average politician. Your first rule for Congress would be ONE ITEM PER BILL, wouldn’t it??? (You and at least 50 of your nearby neighbors.) If something could not pass on its own merits…then it should not be added to something that will push …
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GUEST POST from Don: Future You Needs A Friend
You can be your own best friend to your future self. Honestly, there is no better thing you can do than invest in yourself. Your future self NEEDS you. All this means is a small increase in intentional savings. However, HOW you save is incredibly significant. You will need gobs and gobs of cash when you retire, especially if …
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GUEST POST from Don: Credit Card Debt (+ Notice)
WARNING: REDUCE CREDIT CARD DEBT IMMEDIATELY When interest rates are rising Credit Card Debt is more dangerous than you ever imagined. It is an incredibly unfair type of debt. Experts suggest that a large number of people will go bankrupt due to credit card debt in the next year. Debt.org says, “…60% of the people who file for …
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GUEST POST from Don: Animals Hindering Your Financial Freedom
There is only ONE trick to saving money: Spend less.Now that we have acknowledged “the Elephant in the room,” let’s move on to HOW. Maybe you recently read an article about how to save money, as did I, and had this emotional response: “Wholly unsatisfying and totally unhelpful.” When reading an article on personal finances, …
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