Mailbag – When Do I Replace My Car
Hi Adam, I just got back from the mechanic and my car (bluebook ~$9,000) needs $3,000 worth of repairs to be made drivable again. Part of it seems to be […]
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Credit Card Debt Will Kill You and Eat Your Children
Credit cards are great. I’m a huge fan. More often than not they allow you to obtain basically 1% back on purchases, give or take. (That’s those points people are
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Four Ways To Make Money You Haven’t Tried
I don’t know about you but every time I get the thought that I should be trying to make extra income I go to google (the best website) to solve
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Improving on the Safe Withdrawal Rate
One important concept in personal finance is financial independence. You are financially independent when you no longer need to work for a wage in order to support your standard of
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Robert Shiller — Bubbles and Busts
One of my favorite economists has to be Robert Shiller. This is a great talk he gave at the London School of Economics. He’s famous for writing Irrational Exuberance, a
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Sunk Cost Fallacy Makes You A Terrible Investor
What is the sunk cost fallacy? The idea that any money or time you already spent on a thing matters. That money is gone. That time is gone. You shouldn’t let
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