Managing Money will how to save money, budget, understand credit and debt, and banking.
As consumers, emotions drive our decisions. Neuroscientists tell us we make our decisions emotionally and intuitively most of the time. The forces of marketers and our biases make it almost inevitable that we make irrational money decisions. Marketers embrace unreasonable customers … Read More
I feel a certain optimism in the air. Slowly, lockdowns are easing on a state-by-state basis. Like everyone else, I have missed seeing my friends and eating at a favorite restaurant. I even miss going to my dentist. With caution, … Read More
It has been hard to be optimistic as the coronavirus outbreak has devastated many families. We have been forced to change our ways of living in a hurry. Job losses are high and haven’t finished climbing. Small businesses are struggling … Read More
“When we are no longer able to change a situation, we are challenged to change ourselves.” Viktor E. Frankl, Man’s Search For Meaning Our values are tested during a crisis. We have learned that we need to make certain changes … Read More
If the coronavirus has taught us one lesson, it is our need for adaptability. Virtually all aspects of our lives have had to change. By failing to change, we potentially expose ourselves to a deadly virus. Hopefully, predictions are less … Read More
In little over one week, the coronavirus and the need for social distancing marshalled US colleges and universities to adapt online learning for their students. Face-to-face classes were cancelled for the rest of the semester. Some of my classes were … Read More
Dearest Tyler, I am writing this letter as you have been hard to reach. Being forced to stay at home is not what you or anyone wants to do. As the coronavirus has spread, we as a family have essentially … Read More
A recession is a more than likely economic outcome caused by coronavirus. The swiftness of the impact of COVID-19 on our communities is unprecedented in modern times. This virus is a serious natural disaster spreading on a global scale. The … Read More
Each year I read Chairman and CEO Warren Buffett’s annual letter to Berkshire Hathaway’s shareholders upon its release. For many reasons, I do so as a shareholder, an investor, a former equity analyst, and a professor. Teaching finance to college … Read More
Dearest Alex, I am writing this letter filled with my love and admiration for you. You are nearly an adult but you will always be my child. In recent months I have seen you blossom in many wonderful ways, having … Read More
Generation Z is now in grade school, college, and just entering the workforce. Born between 1995-and 2010, Gen Z (also known as Internet Generation, “iGen” or “Post-Millennials”) follows other generations, each extremely distinct when considering attributes, values, and goals. This … Read More