Money Lessons

This category is dedicated to articles that provide money lessons. Topics range from lessons learned from individuals to general money knowledge.

bankruptcy during the pandemic

Bankruptcy During the Pandemic: Factors to Consider

Our economy is at a standstill. Many have been laid off or have had work hours reduced due to the coronavirus and social distancing mandates. At the same time, states struggled to implement the expanded unemployment benefits offered by the recently passed federal Coronavirus Aid, Relief, and Economic Security Act (the CARES Act). Similarly, while …

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credit builder loan

Credit Builder Loan: What They Are and How They Work

Credit is one of the key elements of personal finance. Being able to secure and leverage credit is a major component to most major financial acts, and thus being able to establish yourself as a reliable user of credit will be especially important to your finances. Despite the importance of credit, building credit if you …

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saved time and money off my mortgage

5 Years in and I’ve Already Saved Time and Money off My Mortgage

It’s hard for me to believe, but this month marks the 5-year anniversary of my first home purchase. These 5 years have gone incredibly fast, and a lot has happened in the meantime, but one constant is my dedication to making extra payments in order to pay off my mortgage early. Yes, a good argument …

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Medallion Fund

How the Medallion Fund Literally Printed Money Over the Last 30 years

We all know that the secret to building wealth is to accumulate assets and avoid liabilities. The tricky part is knowing in advance which asset gets us there faster and the relationship between risk and return. Before the technology boom, some may have picked San Francisco Real Estate and gone all-in, enabling them now to …

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