Category: Financial Education
The analysis published under this category are as follows.
Tuesday, August 20, 2019
WAYS TO SECURE YOUR FINANCIAL FUTURE / Personal_Finance / Financial Education
By: Boris_Dzhingarov
What most people do not realize is that the investments and small financial steps they make at earlier stages in their life will greatly determine the kind of financial future they have in the next few years. Being prepared for some unprecedented situations can make you feel optimistic about the future.
So, how do you ensure your financial future is both stable and secure? Below are a few life-defining steps for you to take.
Friday, June 28, 2019
Yes, the Personal Finance Industry Is a Scam / Personal_Finance / Financial Education
By: Jared_Dillian
I’m bouncing off of Kashana Cauley’s mini-rant in GQ about Suze Orman and the personal finance “industry” in general. The key paragraph here:
This past weekend, CNBC reminded us of Orman’s distaste for coffee: “If you waste money on coffee, it’s like ‘peeing one million down the drain.’” Man, personal finance experts do love shaming people for buying coffee. And avocado toast. If only we’d just stop paying for haircuts—as USA Today recently recommended—the dollars we’d save would also destroy our crushing student debt and sink the effects of years of wage stagnation, income inequality, and de-unionization with it, allowing us to buy those houses we’re too broke to buy right now five minutes before we kick the bucket. And we’d also end up with completely professional, hacked-off-ourselves hair.
Friday, June 14, 2019
Three Steps to Making Your Personal Finances More Private in a Digital Age / Personal_Finance / Financial Education
By: MoneyMetals
Imagine a world where every financial move you make gets recorded in databases that are accessible by any number of third parties – from bankers, to government bureaucrats, to data thieves.
It’s the world of the cashless, all-digital economy. And it’s rapidly approaching.
Fortunately, there are some steps you can take to secure your financial privacy – or at least make your wealth less vulnerable to digital prying – before it’s too late.
Friday, March 22, 2019
If You Get These 3 Things Right, You’ll Never Have to Worry About Money / Personal_Finance / Financial Education
By: Jared_Dillian
You have some money. Do you pay down the mortgage, or do you invest in the stock market?
You can use math to make this decision, but math is not much help because there is uncertainty.
- The stock market allegedly returns 8%, but sometimes a lot less.
- Your house will hopefully appreciate, but by how much? Nobody knows.
- And what are interest rates going to do?
- It also mostly depends on where you live in the country.
- There are tax implications to residential mortgages.
- Your own behavior is also uncertain—it depends on your risk tolerance and fear of the downside.