Tag Archive
(More Than) A Penny Saved is a Penny Wasted, In Which I Trivialize the Entire Industry of Financial Planning
Prescript: This article is by popular demand, having won our meta poll at the beginning of the year. I predict three categories of reactions to it: (1) This is obvious. (2) This is obviously wrong. (3) This is just the rationalization I needed to keep doing what I’m doing! If there’s a fourth category... »
Twelve Years Ago
I got the following email today, sent from myself exactly 12 years ago. A University of Michigan alum was looking for people to join his new startup. I was a little bit tempted by it, but instead just forwarded it to my future self in anticipation of the "prototype" he was pitching... »
Throwing Money Away (Buying vs Renting)
I’m tired of hearing people explain that paying rent is throwing money away. Of course, they don’t mean that literally. You’re getting something for that money (a place to live). But with a mortgage you’re building equity, right? Doesn’t that fundamentally make more sense than renting? No. “Building equity” just means turning some of your money into a... »
