The day my daughter was born was the day I stopped saving for her college education. Yup, you read that right. She wasn't even a day old and under some conservative assumptions, her 529 College Savings Plan was fully funded. I started investing in this...
There's no playbook for coming up with business ideas. You could identify your own pain points to see first-hand what products could be improved. You could spot an injustice in the world and commit to its eradication. You could back into seams of opportunity using...
12/15 Update: Robinhood said on their blog that they "plan to work closely with regulators as we prepare to launch our cash management program, and we’re revamping our marketing materials, including the name." 12/14 Update: SIPC CEO and president Stephen Harbeck told Bloomberg "I disagree with the statement...
Money doesn't grow on trees. And it also doesn't grow in savings accounts at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America. In fact (as of this writing) the average interest rate across all US based savings accounts is a paltry 0.09%. Yet,...
We're surrounded by scarcity. The day starts with "I didn't sleep enough." Then the rush to get the kids fed and out the door is accompanied by the nagging feeling that as parents we're "not present enough." Next, a commute skimming articles on our phones and...
This post originally appeared as an Instagram story. Overpriced avocado toast and retiring by age thirty are two incongruous ideas. Yet, both movements have been birthed by wily Millennials, always looking to disrupt things, like retirement. And while the avocados are a tired trope, not a week goes...
This is part 2 of the Rent vs. own series and check out RadReader comments. The 90s electronic act called KLF (of 3 AM fame) once pulled a publicity stunt that went awry. Having only tasted modest success, they burned a million British pounds declaring that...
I've found a nice groove writing about the intersection of money, mindset, and work. Here are some of the best pieces on topics ranging from retirement, home ownership, changing jobs, inheritance, and risk-taking. [su_list icon="icon: bolt" icon_color="#2a2a2a"] Why are successful people so scared of being broke? ...
This post started as an Instagram story. Don't miss part II Burning money is a dumb metaphor and our impassioned reader comments. We've all heard that "paying rent is like burning money" but that's just one component in the rent versus own debate. I wrote about the...
This post was adapted from a @radreadsco Instagram story. If the old adage "paying rent is like burning money" is true, then our family has (and will) continue to burn it for many years to come. Two years before I left Wall Street, I made the...