High School Personal Finance

I’m glad to see that public schools are taking personal finance seriously. Thirty-nine states now require personal finance as a high school graduation requirement, either as a standalone class, or integrated into another class, like economics. For decades, students sat through economics classes learning about monetary policy, supply and demand curves, and gross domestic product. Those topics are interesting, and they certainly help explain how … Continue reading High School Personal Finance

Trophy Purchase Money Pits

An online thread recently asked “What luxury, purchases end up being a money pit?” I think we’ve all had the experience of buying something we thought would be great, but end up costing us much more than we thought. Here’s a summary of the top responses … Boats — The most repeated answer. Marina fees, fuel, maintenance, winterizing, repairs, and storage add up fast. RVs … Continue reading Trophy Purchase Money Pits