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 […]
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
Credit Card Debt Will Kill You and Eat Your Children Read More »
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
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
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
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