FOMO

Fear Of Missing Out. What part does social media play in our spending decisions? This and other telling questions were put to 1,000 Americans aged 21-75 as part of Charles Schwab’s 2019 Modern Wealth Index Survey. Here’s what we learned: If you’ve wondered if you...

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What if…

you’re a good saver but a reluctant investor? What if you’re more confident investing when the market’s up? If the market’s up, prices are up, right? Bob Swift likes to point out that the market is one thing people like to buy when it costs the most. When the market’s...

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The wild cards

Gifts, vacations, pets, clothing, eating out…these are the wild cards, the spending categories that rely on our discipline to keep within budget. After all, most of our other expenses are fixed – rent/mortgage, utilities, car payment, etc. When I create a 12-month...

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Are you normal?

Well, let’s see. The U.S. Bureau of Labor Statistics tracks consumer spending each year. We have numbers for 2017 – see how you stack up. On average, U.S. households spent an average of $60,060. Using the chart below, we offer the following percentages: Housing: 33%...

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Tough Love

Some would say that’s what Dave Ramsey dispenses. He doesn’t hold back. “Credit cards? Stupid! Car payments? Stupid on steroids! Borrowing money on your house to put in granite countertops? SOMEBODY OUGHTA SMACK YOU! That’s just stupid!” Dave Ramsey has been ranting...

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In the news…again!

Scripps Media, a national broadcasting company, recently came to Tucson to film one of our 3rd Decade™ classes. While here, they interviewed Bob Swift and several class participants. The spot, titled “Unique class pays young adults to learn money management,”...

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11 is a lucky number

It’s Financial Literacy month! In this blog you’ll find a link to a 17 question financial literacy quiz. Annamarie Lusardi, the Academic Director of the Global Financial Literacy Excellence Center at George Washington University and one of the authors of the quiz and...

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A New York Jet Teaching at Wharton

“I never want to be dependent on one thing,” says Jets linebacker Brandon Copeland – and he's not. Graduating Penn’s Wharton School of Business in 2013, Brandon didn’t find a spot in the NFL right away. He spent some time on practice squads before being noticed by the...

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The Asset Class Quilt

This quilt screams the message “you can’t predict returns!” This week we take the allocation conversation one step further into diversification. The best return for a 100% stock portfolio between 1926 and 2016 was +54.2% while the worst return was -43.1%. Over the...

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The American Tailwind

"The year was 1942, I was 11, and I went all in, investing $115 I had begun accumulating at age 6," noted Warren Buffett in his annual letter to shareholders. That $115 investment helped Mr. Buffett illustrate the abiding strength of American businesses and the stock...

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Increasing new investors' confidence and lifetime success through financial education.

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