College: To Go or Not To Go?

My friends and I love to complain about medical school.  The hours, the workload, the lack of sleep, and of course all of the time it takes from our precious lives.  I have written about how I believe medical school doesn’t make sense to attend from a monetary standpoint or from a quality-of-life standpoint.  ThereContinue reading “College: To Go or Not To Go?”

Interest Rates: Hot Housing and All-Time High Stock Market

I have often said in the past that if you can understand interest rates, then you can understand just about anything going on in the economy with regard to a macro-scale.  In today’s world, this couldn’t be more true.  Let’s take a look. Mr. Smith wants to buy a house.  He has $250,000 for aContinue reading “Interest Rates: Hot Housing and All-Time High Stock Market”

How Inflation Affects Debt

We have talked about the effects of inflation on the value of the dollar before.  Now how does this translate to our everyday lives?  One key thing to understand about inflation is how it affects debts that you may owe or that someone owes to you.  Understanding the basics will not only help you understandContinue reading “How Inflation Affects Debt”

Different Kinds of Capital

It is interesting to gain insight as to how people value themselves.  Self-worth seems to be defined by the amount of money, fame, and success one has rather than innate talent and ability.  The truth is that there are different types of capital than just financial capital.  I have a friend in med school whoContinue reading “Different Kinds of Capital”

One of the Oldest Ways to Increase Savings

This weekend I decided to sit down and roll all of my loose change in order to deposit it at Bank of America (BAC).  For some reason BAC only accepts rolled coins and will not take more than five dollars in loose change deposits.  Regardless, I have always found that loose change is a greatContinue reading “One of the Oldest Ways to Increase Savings”