Don’t Teach Personal Finance in Schools
Should they teach personal finance in schools? No. In this post we explore the reasons why this is a bad idea.
Read moreShould they teach personal finance in schools? No. In this post we explore the reasons why this is a bad idea.
Read moreA significant proportion of high earners are living paycheck-to-paycheck. Why? In this post we explore some of the reasons for this strange phenomenon.
Read morePersonal finance is complex. This means that reductionism is dangerous – don’t think of personal finance components in isolation in time or space.
Read moreIn an ideal world, everyone would have a financial adviser. But in reality, that’s not possible. The good news is that most people don’t need one.
Read moreFIRE is mathematically flawed but is also psychologically flawed. It involves sacrifices early years for some hypothetical tomorrow – there is a better way.
Read morePopular FIRE accumulation and withdrawal are too risky. Simulations tell you that following FIRE religiously can leave you exposed.
Read morePensions used to be easy – your company did everything for you. Now the system is a mess, you accumulate far too many. We need reform.
Read moreWhat’s the benefit of investing? Money is time-discounted but happiness is not. So you can invest to get more happiness later.
Read moreThere are a plethora of non-financial factors that affect financial decisions. The most optimal financial one might not be the best one.
Read moreThere are two ways to approach personla finance: bottom-up and top-down. Bottom-up is better, but a bit of a mix is best.
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