The “Debt Avalanche” Always Wins
What’s the best way to pay off debt? Use the “avalanche” method. Always.
The Best Interest ยป
debt
Down In A Hole
We talked through various options. Spend this, invest that, etc. Without much prompting, the reader said, “Well I’m in a $50,000 hole. Shouldn’t I fill that in before doing anything else?”
Financial Beginner? Start With These 4 Steps
This article is for financial beginners. The first steps on your financial journey are intimidating, confusing, and stressful. We’ll fix that today.
What is a debt crisis?
While “debt crisis” might sound like economic jargon, the fact is that it hurts individual lives. A global COVID debt crisis would be crippling.
A Modest Student Loan Proposal
My student loan proposal: if Uncle Sam helps with interest payments, then solving the student loan crisis becomes significantly more attainable.
A Lot Can Change in Ten Years
We overestimate the change that occurs in the next two years and underestimate the change that will occur in the next ten.
What if your debt was like the U.S. debt?
The U.S. is in debt. But to give it perspective, let’s look at how the U.S. debt compares to the mortgages and student loans that you and I hold.
Basic finance plots: from ‘random walk’ to retirement
Math is the language of the universe. And plots help visualize math.
Today, I present five important plots to explain personal finance basics.
The Cost of Debt
Interest, terms, principles. Just give it to me straight:
What is the cost of debt?
Teach Your Children Well
You inherit your eyes, your height…and your spending habits?!