Kevin Mitnick’s “The Art of Deception” emphasizes how a single human error can compromise even the most sophisticated security system. Economists like Shlomo Benartzi highlight inherent biases in financial decision-making. Strategies to overcome these biases include automating savings, using visual cues, gamifying savings, budgeting, curbing impulse purchases, and eliminating debt.
Category Archives: Financial literacy
Paying off our daughter’s $64,725 college tuition 29 days after graduation, and lessons learned to graduate college DEBT FREE
This is a long one, but… Despite the many hurdles, we paid the last payment on Nalah’s student loan 29 days after graduation.
Why a credit card is a poor emergency fund.
Using credit cards as emergency funds is not a reliable option since it can lead to a false sense of security and neglect saving for emergencies. Building and maintaining a dedicated emergency fund in cash is crucial for financial stability during tough times. Here are five tips to start building your emergency fund: set a goal, create a budget, automate savings, start small, and avoid temptation.
Corey Stokes 