There’s No Such Thing as New Rules of Money

Thumbnail image for There’s No Such Thing as New Rules of Money

Every time I see a headline proclaiming “The New Rules of Personal Finance” or “The New Rules of Money,” I shudder. It may sell magazines and generate clicks online, but anyone proclaiming to have “new rules” to managing money is full of it.

Read the full article →

The Mortgage Payment Trick That’s Going to Save Me $40,000

Thumbnail image for The Mortgage Payment Trick That’s Going to Save Me $40,000

We bought our second house last year, selling our townhouse in the process. As much as I wanted to keep the townhouse and rent it out, we needed the money for the downpayment, and we weren’t likely to clear much profit even if we were able to rent it. The new house has a whole story to […]

Read the full article →

5 Easy Steps to Reduce Your Debt in 2016

Thumbnail image for 5 Easy Steps to Reduce Your Debt in 2016

Taking important and purposeful steps to reduce your debt is one of the best things that you can do this year. Not only does it greatly help to increase your peace of mind, but creating better ways to approach debt creates good habits that can last a lifetime. Debt is one of the main stressors […]

Read the full article →

Salary Sharing Taboos and the Memory of Gordie Howe

Thumbnail image for Salary Sharing Taboos and the Memory of Gordie Howe

The title of the article reads “Salary-sharing taboo a big hurdle for pay equity.” No single bit of American pretension, vanity and egotism does more to harm the common cause of labor than pay secrecy. It harms more than pay equity; it lowers wages for all. The article cites a LinkedIn survey of a thousand […]

Read the full article →

Review: A Fighting Chance, by Elizabeth Warren

Thumbnail image for Review: A Fighting Chance, by Elizabeth Warren

Elizabeth Warren’s latest book, Fighting Chance, has the label Political Science on the back cover, but librarians catalog it in biography. It is a little of both, but more the politics of banking and finance and her two-decade role in it. The first chapter does chronicle her growing up in Oklahoma in typical fashion for […]

Read the full article →

Ted Cruz and the IRS

Thumbnail image for Ted Cruz and the IRS

Recently the Washington Post ran an editorial by Catherine Rampell discussing the Ted Cruz proposal to get rid of the IRS. [“Cruz’s Anti-IRS illogic,” Washington Post, 3/24/15] “Imagine abolishing the IRS” he tells his audience, where they “have more words in the IRS code than there are words in the bible.” Congress makes the tax law, […]

Read the full article →

Estate Planning: Do I Need It?

Thumbnail image for Estate Planning: Do I Need It?

None of us like to think about what happens after we’re gone. When you’re young you think you’re invincible, that nothing bad will ever happen and that the future can take care of itself. But the fact is, anything could happen to us at any time and if you don’t get your financial affairs in […]

Read the full article →