Tag: saving
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Chapter 36: Lazy Investing
A 3-fund portfolio consists of 3 allocations: a total market index, international market index, and a bond market index. It offers minimal effort, diversification, and long-term benefits for investors.
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Chapter 35: More Money More Problems?
Ice Soup? Why is it that 55-63% of Americans are living paycheck to paycheck? It doesn’t seem that the problem is income, since about 40% of earners above $100k are living paycheck to paycheck. What causes these issues? Anyone earning less than $50K a year would be blessed to have an extra $50k. Lifestyle Inflation…
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Chapter 34: Financing
When does it make sense to finance? Have you ever been in a situation where you have the capital available to pay something off, but you’re not sure if you should? Maybe it could be a small car note or a personal loan. When does it make sense to finance: The typical rule for me…
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Chapter 33: Building Credit
Square One New year and new beginnings, building good credit gives you opportunities and expansions into things you wouldn’t be able to do yourself. Using credit properly is a tool. The best example I like to give is fire. You use fire properly and you have warmth and comfort. Use it wrong and you can…
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Chapter 32: Credit Scores
Big Banks Control My Scores? Having a good credit score is a successful way of proving that you can pay back your debts. It rewards good borrowers by giving them a discount on interest, access to premium credit cards, and larger lines of credit. Many people seem to disagree with this system and calling it…
Money Ain't Sh*t 