HOW TO BECOME A MILLIONAIRE (AS REPORTED BY RICHARD REIS ON WWW.QZ.COM)

If you want to become wealthy, the best way to get there is not winning the lottery or inventing some brilliant new piece of technology. No, the best way to get there is to follow the tried and true personal finance advice of those that came before you. Follow it religiously, without interruption, over a… Read More

TO RENT OR BUY? (AS REPORTED BY EMILY OSTER ON WWW.QZ.COM)

Emily Oster is an associate professor of economics at Brown University and answers readers’ letters in an advice column for Quartz. A recent letter asked a common question that many of us have, “Is it better to rent or to buy?” Emily’s answer was a unique one, and worth sharing. Overall, she says, if the… Read More

9 PERSONAL FINANCE MYTHS (AS REPORTED BY TRENT HAMM ON WWW.THESIMPLEDOLLAR.COM)

There are a lot of personal finance experts out there trying to get your attention with bold predictions and feel-good advice. Not all of them have your best interest in mind, however. It can be difficult to separate fact from fiction, myth from reality when it comes to personal financial advice. Lucky for us, Trent… Read More

CHARITABLE GIVING HITS NEW HIGH (AS REPORTED BY AARON SMITH ON MONEY.CNN.COM)

Money given to charity in the United States accounts for 2% of GDP. And in 2015, we hit a new record high for total charitable contributions. Individuals gave just over $264 billion. Corporations and foundations added almost $80 billion more to that, to bring the annual total to $373 billion, 4% higher than the year… Read More

CAR INSURANCE FOR YOUR KIDS (AS REPORTED BY ANN CARRNS ON WWW.NYTIMES.COM)

Insurance is a cost that many people forget to factor into their financial planning and budgeting processes. Most Americans will at some point in their lives pay for health/medical, home, life, and auto insurance. And those costs aren’t fixed. They change depending on what happens to you, where you live, etc. A recent article in the… Read More