Last Tuesday, Fed Chairman Ben Bernanke said the recession is “very likely over.” Many radio talk show hosts, television personalities, and others who are utterly clueless on matters of the economy weighed in to assess the validity of the Chairman’s statement. I’m not going to argue with the man. If he says the recession is [...]
Don’t Get Distracted by Misguided Money Advice
Regular readers of You Have More Than You Think know my opinion of the “I deserve it” mentality. A few days ago, I was reminded of another line of reasoning that caused my neck muscles to tense up. While reading the Wall Street Journal article “Saving Again? Here’s a Way to Do It Right,” I [...]