Featured Articles: Good Writing From Around The Web Cognitive Biases and Brain Biology Help Explain Why Facts Don’t Change Minds   We are naturally closed-minded. Being open to ideas and opinions takes work. The Secret to Being Lucky   If luck is a primary determinant of success, shouldn’t we be asking how we can become

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Last week I talked about account minimums in financial services. My stated concern was that 80-85% of the US population doesn’t have enough assets to qualify for most advisors’ $500,000 minimum. They either do it themselves or work with commissioned sales people. They don’t have access to independent, objective advice from a qualified fiduciary to

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Featured Articles: Good Writing From Around The Web Thinking About Reaching Out to Someone? Science Says Do It   Drop the note; make the call; send the text. Overcoming acquaintance inertia leads to surprisingly positive results. Before You Fly The Nest: Advice For Kids Heading to College   Share this life advice with the new

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Clearly, there is a very low bar to shop at the local drugstore. If you are wearing a shirt and shoes (pants, I guess, are presumed), you can be a customer. Tellers can handle 20 customers (or more) in an hour without knowing anything about each customer. Professional service firms routinely spend multiple or even

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Featured Articles: Good Writing From Around The Web On Sarcasm   I was a caustically sarcastic teenager. I made the decision to be nicer in college and dropped sarcasm. Now, people act like I just don’t get it when I don’t appreciate sarcasm. Anyone else? Misinformation Is Here To Stay (And That’s OK)   Not

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There is a lot of negative news out there right now. Inflation is the worst it has been in 4 decades, there may be a recession around the corner (we may just be waiting for the National Bureau of Economic Research to verify what the 2 quarters of negative GDP has already told us), supply

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Fair enough. Personal finance is an enormous topic. Let me see if I can make it a little bit easier with an overview of our financial education courses. Because our educational system teaches next to nothing practical about personal finance, there are usually two ways people come to the idea of personal financial education. Either

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Featured Articles: Good Writing From Around The Web Reading The News is the New Smoking   For most of us, a reduction in news consumption would probably lead to better decisions and greater happiness. Why Optimists Live Longer Than The Rest Of Us   I believe this research, but I’m not sure it’s helpful. I

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Featured Articles: Good Writing From Around The Web Not Financial Advice. This is a great piece from Young Money: the best personal finance blog you’ve never heard of. Tell your kids to read this blog. Compounded Luck Advantages compound. Disadvantages compound. A society can be judged on how it handles unearned advantages. Mentality The job

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