President John Adams once said, a problem is just an opportunity in disguise. Generally speaking, it is often during a crises that innovation comes. We need not look back too far in time to find primary examples of this. In 2003, during the height of the SARS epidemic, it was [...]
Albert Einstein once said “If you can’t explain something simply, you don’t understand it well enough.” From time to time people will compliment me on my column. My favorite thing to hear is that I have broken down a complicated subject to something even they could understand. Perhaps it is [...]
According to a recent study conducted by BankRate, low-income individuals spend nearly half of their annual income on vices. The findings of this study really shocked me. In my opinion, it serves as further evidence that irresponsible personal behavior is the leading cause of long-term poverty in the United States. [...]
You might have noticed in recent years that the prevalence of payday loan storefronts has started to wane. According to the most recent information from the Missouri Division of Finance, since 2015 approximately one-third of active payday loan businesses in the state have closed. Even better, over the past decade [...]
If you asked 100 people that struggle to balance their monthly budgets where they spend too much money I would guess the number one answer they would give would be eating out. Too often there just don’t seem to be enough hours in the day to plan meals, go grocery [...]
Recent volatility in the stock market and abnormally low interest rates at your bank have brought the financial sharks back to the surface. There are always plenty of sharks swarming in to offer their bait whenever people have a high desire, fear, or need for something. Let’s go over some [...]
If you’ve read my columns before you have probably figured out that I am frugal with my money…no, not frugal, cheap. I come from a long line of bargain hunters that wear the title of cheapskate like a badge of honor. In fact, I couldn’t tell you the last time [...]
Over the weekend I saw a report related to the late Anthony Bourdain’s estate only being worth $1.2 million at the time of his death. Assuming that the former celebrity chef and TV personality’s estate would have been worth much more, I decided to look into the matter further. What [...]
Money management will always produce better results if you have a wise plan for it. Today we are going to focus on uses of money. Where do we have opportunities to be wise about those uses? A few weeks ago, I suggested you think about your basic beliefs and attitudes [...]
Hacking into personal information, intellectual property, and government data has reached epidemic proportions. The Equifax data breach last month compromised around 145 million people’s personal credit information. HBO is struggling to protect their flagship programming from being viewed before they release it. Government and military intelligence is stolen almost daily, [...]
