You just discovered you won the lottery. Congratulations! Even better, you’ve done the smart thing and googled for what to do if you win the lottery, hopefully before doing anything rash.
Now is the time to be very careful — the number of stupid things you can do greatly outnumbers the smart things. [...]
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Jonathan Clements was a columnist at the Wall Street Journal who’s been writing columns on personal finance since 1994. This April he wrote his last article called ‘What I learned from writing 1,008 columns’ giving his opinion on why you should bother with saving and investing. Here are his reasons:
If you have money, [...]
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David Bach, in The Automatic Millionaire warns us of the Latte Factor: how small, daily costs add up to big expenses. Whenever the Latte Factor is mentioned, shocking numbers always follow: for example, if you don’t by a $4 cup of coffee daily and instead invest the money, after thirty years you will have [...]
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