Let’s say a manufacturing company is thinking about opening a new plant. An expansion of operations can be a great idea, after all, more products mean more customers, meaning more profits. But before jumping in, the company has to ask: Will the profits from this new factory be more than the cost of setting it up?…
Dear Dave,My husband and I live in India. I’m from the States, and he was born here. When it comes to our finances, I manage our American investments, and he manages our Indian investments. Every month, we sit down with spreadsheets and go over our finances. I trust him completely, but I’d like to better…
Should I Sell My Mutual Fund? Recently, the stock and bond markets have taken a tumble. This extreme price volatility reminds us that investing in the financial markets requires patience and a long-time horizon. But does this market volatility mean you need to sell your mutual fund? Selling a mutual fund or ETF is a…
Image Source: Unsplash Mounting mistakes in the Social Security Administration (SSA) have resulted in delays and disruptions in benefits and an uptick in the number of living beneficiaries being listed as dead. Notably, this uptick in mistakes follows Department of Government Efficiency (DOGE) cuts in staff and efforts to quickly update SSA’s computer system….
Image by PiggyBank Your credit score is like the GPA of your adult life. It quietly shapes everything—from the mortgage rate you qualify for to whether your dream apartment calls you back. So it makes sense that most of us try to follow the so-called “rules” to keep that three-digit number high. But here’s a…
Image by Element5 Digital The beauty industry thrives on trends, packaging, and prestige. Every year, we’re sold the idea that a higher price tag equals better results. But it’s never too late to reset your beauty routine and spending habits. The truth is that some of the most hyped-up products on the market don’t actually…
Image by Sebastian Scholz When you think about home security, the living room might not be the first place you worry about. But it should be. It’s the heart of the home, the space where we unwind, entertain guests, and often keep our most valuable electronics, and it’s usually one of the first rooms an…
Becoming wealthy is not a fluke. I spent five years studying rich people in order to find out what they did from the moment they woke up in the morning to the moment they put their head on the pillow. In my book, Change Your Habits Change Your Life, I share ten incontrovertible truths about creating…
Image by Jakob Cotton There’s something comforting about a warm latte on a chilly morning. It’s creamy and soothing, and for many, it feels like a small luxury that sets the tone for the day. But behind that familiar swirl of milk in your cup lies a lesser-known truth—one that the dairy industry isn’t eager…
Image by Logan Voss We’re all told saving money is the smartest financial move you can make. And that’s mostly true. Building a savings cushion protects you from unexpected expenses, helps you plan for the future, and gives you peace of mind in uncertain times. But what if the way you’ve been saving money is…