Remove Budgeting Remove Investing Remove Math
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Government Spending Is Out of Control! LOL

The Big Picture

investment firm. The text accompanying that chart reads: “ Consumption: in 2024, one third of GDP came from government spending, a record high excluding periods of war or crisis; this was financed by 6-7% budget deficits, another unwelcome peacetime record.” That has been the case over decades of reading everything.

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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

These are businesses that meet everyday needs, provide essential services, or deliver comfort and value when people are tightening their budgets. While it can be difficult for parents to pay for things like daycare costs when budgets get tight , it’s still a necessity for many families, especially when both parents work.

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Start Planning Your Retirement Early to Save Enough and Plan Better

WiserAdvisor

They max out a 401(k), skim through Social Security rules, maybe even dabble in stocks, but when retirement day approaches, they realize their savings, insurance, or investment mix just doesn’t add up. Outliving your savings Here’s the math: the earlier you retire, the longer your savings have to last. Not for a 25- or 30-year runway.

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Planning for Retirement Means Planning for Healthcare Too

WiserAdvisor

Now, even if you adjust those future costs to present value (using a conservative 3% investment return), you’d still need nearly $395,000 in savings set aside today just to meet those expenses. Over time, that gap compounds, and so does the risk to your budget. And remember, this doesn’t even touch long-term care. Bottom line?

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Transcript: Stephanie Kelton on US Fiscal Policy and the ‘Deficit Myth’

The Big Picture

You were the Chief Economist for the US Senate Budget Committee during, was that during the Obama administration? So wait, so you are the Chief economist for the Democrat US Senate Budget Committee, who is the chief economist for the Republicans Stephanie Kelton : Bill something? ’cause I was just teaching economics at UMKC.

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From Big Wheels to Ford Escapes: A Father’s Car Payment Hack That Pays for Life

Dear Mr. Market

Isabel is now investing $300/month into a low-cost target date fund — SWYFX (Schwab Target 2035 Index Fund) — and she plans to drive this car for at least 10 years. So what if you flipped the script? That means she’ll “pay herself” $300/month into this fund for a decade. Once a payment ends … don’t stop paying. Redirect it.

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Sunday links: the arc of markets

Abnormal Returns

tker.co) Strategy Four types of investment mistakes including 'Holding onto a loser for too long.' awealthofcommonsense.com) John Rekenthaler helped raise the bar for investment writing. on.ft.com) What it took to rebuild Notre Dame (nytimes.com) Budgeting The math on any additional tax cuts is tough.