If you’re going to loan money to family and friends, treat it like a real loan (with one caveat). It’s the best way to preserve the relationship.
We all start out know nothing about money. But if you don’t learn the basics, you leave yourself vulnerable to hucksters and frauds. That’s what happened to Jared’s Coast Guard buddies...
Your goal is to live a stress-free financial life. That is the whole point of having money.
What’s happening now is definitely a recession. It might be severe, but it should also be short and swift. Until the economy recovers—and it will—focus on practical things you can actually control right now.
The power of the Fed is unprecedented. There’s no parallel. So, you should know what the Fed is and what it does.