Whenever you talk with someone experiencing financial difficulties, it is almost universally expressed that the solution to their problems is earning more. That occurs at every income level, from folks scrapping for quarters to high earners, they all report they could achieve financial success and save a little more if they could just earn a… Read more

A $1.7B lottery jackpot results in more math/lottery rumination this morning in the wee dark hours. I re-read the chapter in Malcolm Gladwell’s “David and Goliath” containing psychologist James Grubman’s concept of “immigrants to wealth.”  His field of study specializes in the spectacular financial disasters of people who become suddenly wealthy without any preparation…ie. an… Read more

FICO is an abbreviation for Fair, Issac and Company of San Jose, California. Founded by Bill Fair and Earl Isaac in 1956, the company specializes in data analytics to derive consumer credit risk and its “FICO Score” has become a fixture in consumer lending within the United States.  While the exact algorithm is a trade… Read more

  It seems that real estate is in the news a lot these days. With tight inventories, high prices, and rapidly rising interest rates many millennials and Gen Z folks are looking at home ownership as a fleeting possibility if not an unattainable dream. Through decades of cultural norms and government subsidized mortgages we are… Read more