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Articles

Explore articles that break down complex financial concepts into easy-to-understand language, helping you make informed decisions.

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Can the Typical Person Become a Millionaire?

So, what if we fixed these assumptions and provided a more realistic view of how people save over time? Rather than theorize about whether the typical person could become a millionaire with a fixed saving amount and constant investment returns, why don’t we use historical data to see what could’ve actually happened instead?

Nick Maggiulli
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How I Think About Debt

Discover the secrets of Japan's ancient businesses in our latest feature! Japan boasts 140 businesses over 500 years old, with some thriving for over a millennium. These "shinise" enterprises withstand wars, disasters, and economic depressions, surviving through a simple yet powerful strategy: holding ample cash and avoiding debt. This enduring approach, reflecting wisdom from ages past, highlights how debt can limit life's possibilities and constrict resilience against inevitable volatilities. Dive into the insights of how staying debt-free can not only preserve but enhance your strategic options in an ever-changing world.

Morgan Housel
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Why Do People Make “Bad” Financial Decisions?

In the poorest 1% of zip codes that have lottery retailers, the average American adult spends around $600 a year, or nearly 5% of their income, on tickets. That compares with just $150, or 0.15%, for those in the richest 1% of zip codes. In other words, the poorest households spend roughly 30 times more on lotteries than richer ones, as a share of income.

Nick Maggiulli
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The Long Run Is Just A Collection of Short Runs

Discover why successful investing requires a keen focus on the short run to secure long-term gains. Learn from industry leaders how strategic short-term management fuels sustainab

Morgan Housel
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Wealth Advice that Should Be Obvious

All this big thinking can cause us to gloss over the details a bit, and we don’t want to lead any new arrivals astray. With that in mind, this article will serve as a review of some of the basic principles that we don’t usually cover around here, because to many people they are already obvious. Read ’em over, and see if they are already obvious to you.

Mr Money Mustache
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Short Investing Beliefs

Morgan Housel's 'Short Investing Beliefs' highlights key insights: value history, luck, endurance, and optimism in investing strategies

Morgan Housel
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The Biggest Risk of All

The perceived level of danger that comes with these risks often leads to fear. This fear in turn leads to phenomena like the famous ‘one-more-year syndrome’.

Mrs. Flamingo
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Early Retirement Doesn’t Mean You’ll Stop Working

We need people to do the hard, dirty necessary chores that keep society running. And we need other people to keep the innovation going.

Mr Money Mustache
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The Early Bird Gets the Return

The logic goes that the earlier you start saving and investing, the more time you will have to compound your money, and the more successful you will be as an investor.

Nick Maggiulli
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What is Money, Anyway?

People spend their lives seeking money, and in some ways it seems so straightforward, and yet what humanity has defined as money has changed significantly over the centuries.

Lyn Alden
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The Evolution of Money: From Barter to Bitcoin

Not understanding how money works is the biggest mistake you can make. The younger you are, the better chance you have of being wealthy if you understand how money works.

Rajat Soni, CFA
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5 Steps to Financial Success in 2024: Decade Investor's Guid

What do you want to do with your money? What are you saving for? What big purchases are coming up in the year?

Decade Investor💸
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A Few Laws of Getting Rich

Morgan Housel's insightful article 'A Few Laws of Getting Rich' delves into the nuanced realities of wealth, offering a comprehensive view that goes beyond the common perceptions of financial success.

Morgan Housel

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