Economics
How to Make Life Insurance an Asset, Not Just a Bill
In his best-selling book, Principles, author Ray Dalio, argues that you have to be “radically open-minded” in order to see things from a different perspective. Dalio, the billionaire founder of Bridgewater’s hedge fund empire, believes that to make good decisions, you must have the ability to explore different points of view and different possibilities—even if you don’t initially agree with them.
Read MoreFinancial Planning vs Prosperity Economics
The Spending Trend: Taming Lifestyle Inflation
“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” – Sam Ewing, Author The Tendency to Spend Did you drive a VW Bug in college? If you’ve ever been back behind the wheel of a Bug, it probably felt strange and made…
Read MoreThe Consumer Price Index and the Truth About Inflation
“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” – John Maynard Keynes Whether we’re rich or poor, thrifty or overextended, inflation is as inevitable as death or taxes. But how high IS inflation? Is the Consumer Price Index a reliable guide? And…
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