A lot of people know very little about personal finance, which is a problem because it’s not very hard and it has a huge effect on their lives. It’s a lot like cooking – you can make it hard if you want to, you can spend a lot of time on it if you want… [Read More]
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Tag: compound interest
Paying for college: Cash flow
A friend recently asked me for advice on how to pay for graduate school. I realized during our conversation that a lot of people don’t understand the mechanics of the payment – hence, this post. Payment is different from financing, but it is a related subject. Financing is where the money comes from. Payment is… [Read More]