Live For Today and Plan For Tomorrow

A good friend (and neighbor) and I have been talking about our retirement strategies and plans for years.  It usually consists of us standing around in the street in front of our houses comparing approaches and percentages in various accounts.  Don has been a great saver for much of his life.  Both he and his [...]

Big Banks Want All Your Money!

Did I mention I like credit unions? http://redtape.msnbc.com/2011/04/study-banks-hiding-fee-info-skirting-law.html#posts In a breaking news development that should shock no one, a recent study found that many banks do their best to hide their fees (especially now that they are creating so many new ones) and are spending most of their time trying to convince you to open [...]

Lottery Winners are Doomed To Lose it All

You know how I love to look at lottery winners.  Statistically, they don’t stand much of a chance of holding on to the cash when they win.  Many, many lottery winners end up losing it all.  It’s not hard to explain, really.  Managing your money isn’t easy.  Most people don’t get the idea of money [...]

Lottery Winners are Doomed To Lose it All

You know how I love to look at lottery winners.  Statistically, they don’t stand much of a chance of holding on to the cash when they win.  Many, many lottery winners end up losing it all.  It’s not hard to explain, really.  Managing your money isn’t easy.  Most people don’t get the idea of money [...]