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

Savings Rate Game Revisited

It’s been about three years since we started playing the “Savings Rate Game” (LINK) with Bank CDs and Treasury Bonds. That is, having to manage the savings rate of our cash holdings closely. The 3-Year Treasury rate is now at about 3.5%, down -0.6 pts from one year ago today. When Biden took office in 2021, the 3-Year Treasury was just 0.3%. We didn’t even … Continue reading Savings Rate Game Revisited