The Essential Thing
One thing — the essential thing — that (some) children* don’t understand is the way that savings grow over time. The only sure way to […]
Doug's Methods of Saving Money
The power of money working for you.
One thing — the essential thing — that (some) children* don’t understand is the way that savings grow over time. The only sure way to […]
Many people swear by the “snowball” method of paying off debt. It works — I won’t dispute it. But there’s a slight modification that can […]
If you read personal finance magazines, books, and websites (especially topics like financial independence and retiring early (sometimes called “FIRE”), etc.), you have probably seen […]
Repeatedly I see the term “compound interest” used to describe the growth of stock market investments. I think this is incorrect. Strictly speaking, you only […]
Browsing through an old issue of The Sabbath Recorder (A Seventh Day Baptist Weekly, published by The American Sabbath Tract Society, Plainfield, N.J., vol. 76, No. […]
Data from the Federal Reserve show that Americans owe close to 1,000 billion dollars of revolving debt* (which I’ll refer to as credit-card debt). Dividing the […]
Albert Einstein probably never said, “Compound interest … one of man’s greatest inventions.” “The most powerful force in the universe is compound interest.” “Compound interest […]