Thursday , 18 April 2024

Personal Finance

Your New Car Today Is Compromising Your Retirement Tomorrow – Here’s Why

Savings statistics in the U.S. are terrible...because, [while] saving money is simple, prioritizing is hard. It’s very easy to...cut back on lattes to save money, but those little things...are not going to make a big dent in your budget. To truly save money you have to focus on the big picture issues, including things like transportation and...how new the car is that you own. Let me explain why that is the case.]

Read More »

Want Financial Success? Here’s THE Key

You’ve probably heard it a million times from financial “experts” – the key to financial success is saving. The idea is that if we save more now then we’ll have more to spend later and, while that’s true at the individual level, it’s actually disastrous advice in the aggregate. Here's why.

Read More »

How Money Is Laundered Around the World – A Beginner’s Guide

From corrupt politicians and drug cartels to tax cheats and alimony deadbeats, everybody’s laundering money these days. Let’s say you have a little spare cash and you would prefer to keep it out of the grubby hands of various tax authorities, or you don’t want your spouse to know about it, or your kids. Fear not. With a little financial detergent, your dirty money can be rendered more or less untraceable. Here's how.

Read More »