The Blog

Most Americans are broke. Here’s why.

There’s a lot of talk these days about how hard it is to get a well-paying job. It’s true, and income is important, but we’ve been broke for far longer than the current economic situation. No, the main reason most Americans are broke is something completely different:...

Do you know your net worth?

Most people could tell you their income at a moment's notice--at least to the nearest five-thousand or so. Ask about net worth, though, and you'll often get a blank stare. After some thought, you might get a few questions in return, such as "do I include...

The Latte Falacy

Or "how to avoid nickle-and-diming your own savings." When I first started getting my financial life in order, I tracked everything. I had heard something about how much you could save if you stopped drinking a fancy $4 latte every day... never mind that I...