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Next time you have a conversation with a partner or spouse around money, try to joining it with a posture of “I don’t know, but let’s find out together.” The temptation can be to join these conversations with a sense of certainty and clarity, but most of the time that leads to entrenched positions that
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The possibility of growing poor by getting rich is much higher than you can imagine. It’s a knife’s edge between blessing and curse. One of the things that can lead to wealth and riches is a hyper-vigilance around investment returns, around time and productivity, around relationships as opportunities. But while that sort of hyper-vigilance may
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At a soccer game this afternoon I found out one of the other parents had decided to go to nursing school. She’d been in a marketing job for her whole career, and, in her words, tried to do convince herself she wanted to keep doing it until she was seventy. But she didn’t. She wanted
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Most of the time a big problem seems to demand a big solution, a loud and complex action. But that’s an illusion. To begin with, a big problem doesn’t get to be big all at once. Big problems are compounded little ones. There’s no such thing as suddenly waking up in a job you hate
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You can buy a drug now to suppress your appetite. Take the drug, reduce your appetite, reduce calorie intake, lose weight. Just remember appetites go beyond food and drink, and at some point you will need to manage them on your own.
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The legendary philanthropist Charles Feeney died yesterday at the age of 92. He’s legendary because of an accident, really, as he went out of his way to give an entire billions-of-dollars fortune away, in his lifetime, anonymously. And what’s more, the anonymity was more important to him than the tax deductibility. When Feeney signed a
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Sometimes “better” means one thing. Coke is better than Pepsi, etc. But most of the time “better” is not one thing at all. Most of the time “better” could be defined any number of ways. For example: None of those choices need to be mutually exclusive necessarily, but setting them up helps to show that
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What if everything you owned right now was fine? What if it did the trick? What if the car that needs a repair got one, and you kept driving it? What if your wardrobe just…didn’t change for a bit? What if your house is actually okay, despite its outdatedness and possible crowding? What if you
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Every single truck Rivian sells loses the company more than $30,000. It is undoubtedly a very cool vehicle, and is likely the highest quality truck you can buy in many respects. But the company is going to have to make serious changes to still be viable within a few years. There are so many good
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A simple equation for financial health: There is nothing wrong with spending. There are plenty of good things to spend money on! But too often our lives are “Buy now with one click,” “Save after several months of clicking,” and “Give…eventually.”
Meaningful Returns 