Occam’s razor is a concept that, when faced with multiple possibilities, the simplest explanation is the one most likely to be correct. Applying the principle of Occam’s razor to money matters, there are some simple truths that are good to keep in mind. Some of these truths may be found in a recent CNBC article, “The 12 most overlooked truths of money and life.”
Name that event: a formal setting, two people in love, shoving cake into each other’s faces. It’s a wedding, of course, and it’s a big life transition. Two of everything become one: households, mindsets, and monies.
You’re probably well aware that car insurance rates for young people are very high. This isn’t surprising, given that they’re inexperienced and more likely to get into accidents. They may be able to drive a car, but there’s a difference between that and really knowing how to drive a car. They have to think about split-second decisions, whereas an experienced driver does so automatically.
Ready! Set! Reinvent! That’s the title of our new two-module, 12-lesson course on the topic of pre-retirement. Retirement is something that requires a lot of planning, and if you’re thinking you will be retiring in the next few years, there are five key things to consider to help you plan.
Are you feeling volatility, uncertainty, complexity, and ambiguity,
This is our first pandemic, and there are three things
When you’re first starting out in life, after finishing your schooling and getting your first job as an adult, the most important thing you can do to help your finances is to save first and spend second. This is the one common denominator we see with people who have successfully accumulated wealth over time – they took this to heart early on.
You’ve likely heard of Marie Kondo, organizer extraordinaire. In 2014, she came out with the book The Life Changing Magic of Tidying Up, which led to a number of products and services, plus a wildly popular Netflix series, Tidying Up With Marie Kondo. She provides people with a framework to make decisions about their possessions, freeing them from their clutter and helping them to live more organized lives.
Board games and card games can be a whole lot of fun, and they can be especially appealing when you’re looking for something to do on these cold winter nights, but don’t want to leave the house. Of course, they’re not very much fun if you’re playing with the wrong set of rules or if you’re just confused about how to play the game.
Process: a series of actions or steps taken to achieve a particular end or outcome.
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