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This week we moved on to Baby Steps Four and Five, which are saving for retirement and saving for your kids’ college education. Baby step four was on deck first, which is to save 15% of your household income in tax-advantaged plans. Dave points out that, at the time this class was filmed, 53% of [...]
If you are at all interested in finance, you’ve probably heard that it is necessary to be debt free in order to build substantial wealth. While a few gifted investors manage to build wealth while having a lot of real estate debt (think Trump) or debt that finances a business venture (think the people who [...]
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