The trouble with holding long-term savings in cash is that the purchasing power of the U.S. dollar decreases every year because the federal government continually spends more than it earns.
Unfortunately, the erosion of the dollar's purchasing ...
Continue reading An Example of How Saving In Cash Erodes Your Long Term Purchasing Power
An Urgent Savings Recommendation
If I had a nickel for every time somebody has dropped me an email and asked me when our financial system is finally going to go belly up, I'd have about 85 cents right now. The truth is, if you look back, I never make actual predictions in my Black ...
Continue reading An Urgent Savings Recommendation