Post From Market Watch
Published: Oct 12, 2018 9:10 a.m. ET
By Philip Fernbach & Abigail Sussman
Teaching people about money doesn’t seem to make them any smarter about money – here’s what might
Making financial decisions is hard, but three promising ideas are helping Americans overcome barriers
If the average American went in for a financial checkup, he or she might get rushed to the emergency room.
Forty-four percent of us can’t cover a $400 out-of-pocket expense, and 52% of American households have no retirement savings. We seem to be chronically poor at making financial decisions. We commit costly mistakes across all areas of personal finance including decisions about savings, investing, budgeting and borrowing.
Post From The White Coat Investor
Top 5 Money Lessons From Prince
April 21, 2018
Editor’s Comment: This is a republished post from Physician on FIRE, a member of The White Coat Investor Network. I’m sure you are all aware that today (April 21) is the second anniversary of the death of the Artist Formerly Known as Prince. With that in mind, we honor The Purple One with a financial tribute that originally ran here, but if you missed it the first time, it’s new to you!
I was working on a bathroom remodel in the basement on April 21, 2016, listening to Hawaii’s New Music Alternative Star 101.9 via the magic of the internet, when the eerily majestic “Purple Rain” came on.
I knew something was amiss. This station’s idea of a throwback classic is spinning a tune from Sublime‘s 1996 self-titled album, and they never play pop music from the eighties. When the DJs came back on, they shared the news.