The average person spends 10–20% of their income on interest. Because all they think about is, “Can I afford the monthly payment?” Don’t do that! Pay cash—that’s how successful people do it.
The economy is not the stock market—events can simultaneously wreak havoc on the economy and turbocharge stocks. Which helps explain why stocks keep going up, despite the ongoing recession and looming tax hikes.
Get ready to laugh. At the beginning of 2020, Jared was encouraged to make 12 predictions about the economy, the markets, and the election. No one knew all the chaos and absurdity this this year would bring—but Jared’s prediction about college wasn’t too far off.
Geneva, Switzerland is dripping with money—and it’s making the news because it raised the minimum wage to $25 per hour. Of course, people want that in the US, too, even though it would kill jobs. You might make more, but your buddy is going to be out of a job.
Credit cards are powerful pieces of plastic. They provide small unsecure loans at high interest rates—which many people mistake for a “one slide fixes all” solution. Learn the one simple routine that can save you from the high-interest credit card trap.