Paul

Allowances, the Zoo, and Marshmallows – Foundations for Financial Success

After carefully examining all of the options, the missus and I were ready to execute on our 7 year old’s allowance. We decided to “Pay Allowance for a Wider Role / Increased Responsibilities”. The steady stream would allow my son to get used to managing money and hopefully hit our top objectives of teaching saving,

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Debt Is a Beast

Debt is the ultimate anti-asset. It’s kryptonite to any early retirement dreams you might have, and applied in large enough doses, it can keep you from ever escaping a paycheck to paycheck, income-based life. Everyone knows that debt is dreadful, but fully understanding how truly bad it is a 3 step process. 1. Debt is

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In Praise of the AK-47

Financial Lessons from the World’s Most Ubiquitous Combat Rifle When the AK-47 was released, it earned the contempt of Western armies. It continues to earn the contempt of many gun enthusiasts today. It is cheaply made. It has, at best, average accuracy. It is an incredibly old design (the “47” refers to 1947, its first

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