Monthly Archives: August 2016

To my friends, Scarcity is the most basic idea in economics. That’s what the textbooks tell us. Why? Because the study of economics is ultimately about the movement, or allocation, of scarce resources from less profitable to more profitable uses....
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“Being honest may not get you a lot of friends, but it will always get you the right ones.”–John Lennon  ...
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I read somewhere recently that two-thirds of Americans don’t have enough money to handle a $1,000 emergency expense.  Talk about living paycheck to paycheck! When you come right down to it, money is nothing more than the dollars and cents...
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Whether you’re a saver, investor or speculator, my friend Teddi Stubbs–a mortgage lender for many years, has three basic rules that should apply to any financial decision: Think it through. It has to make sense. It must improve your position. When in doubt,...
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Why do so few people today achieve real financial success? Unfortunately, our consumer-driven culture makes it difficult to save but easy to spend. The English language has plenty of words with negative connotations for people who are tight with their...
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