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Last month I sent an email about the small, frequent, forgettable purchases that quietly drain your money. I concluded that the best way to stop the leak was awareness. But since then, I realized I don’t actually agree with myself. Awareness is valuable, but knowing where your money went after you spent it isn’t the same as stopping the leak in the first place. The real problem isn’t that spending is invisible. It’s that we don’t decide before we buy whether a purchase aligns with what we...
Last week, I asked: What would you do with $5 million? And wow. Your responses were incredible. Some of you mapped out every dollar down to the cent like one reader who planned everything from their exact mortgage payoff amount and finishing the basement to funding a sidewalk for their neighborhood. Others had a simpler plan: Half in Bitcoin, half in VOO. But the most fascinating part? No one said they’d buy a mansion or a fleet of luxury cars. Instead, I noticed four big patterns: Financial...
I’ve been watching Beast Games. Go ahead. Judge me. As I watched contestants fight for a life-changing prize, I started wondering: What would I do with $5 million? It’s more money than most people will ever see or earn. To put it in perspective, you’d have to make $125,000 a year (after taxes!) for 40 years to reach that number. So here’s my question for you: If I handed you $5 million right now, would you know exactly how to use it? Most people think a sudden windfall would solve all their...