Advice, Personal Finance, Economics DINARRECAPS8 Advice, Personal Finance, Economics DINARRECAPS8

Use It Up, Wear It Out, Make It Do, Or Do Without

.Use It Up, Wear It Out, Make It Do, Or Do Without

The Three Year Experiment Make It Work

Earlier this school year, my cell phone was stolen.

I’ve never really been sure what happened, and the police have never figured it out, but here’s what I do know. When I left my garage for school, I had my cell phone in the car with me. Sometime between the time I arrived at school and 10:30, when I realized I didn’t have my phone, my phone was stolen. We (meaning the police, the school administration, and I) believe I left my car unlocked and someone came into the parking lot and stole my phone. I looked up the phone on Find My Phone when I got home that night, and it took a joy ride down to the airport before going dark, forever.

Obviously, I was bummed. Not only did I lose my Iphone 7, which I’d bought the previous summer, and all the pictures in it, but I also had to get a new phone. I did not want to spend another $350 (which is what I’d spent to get the refurbished Iphone 7).

But I needed a phone. Even during my experimentation with Digital Minimalism, it was obvious that I needed a phone.

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Have I Told You I Used to Be Terrible with Money?

.Have I Told You I Used to Be Terrible with Money?

February 25, 2020 By Big Freddy Smidlap

I wasn’t a stupid dumb dummy about money. I just didn’t care!

Let’s take a chronological journey year by year to see what not caring about finances looks like. I took the hard way. I hope you took the easy way or at least easier than I did.

1986 – Start college 800 miles from my rural home in Northern, NY State. College was in Norfolk, VA and as soon as I got there I found out you could just sign up for unsecured credit cards right on campus. I must have signed up for 2-3 cards with about $1,000 limit each. That might have been a nice way to build credit but I went and used them. I don’t know what I bought. I think the student loan this year was about $2,500.

1987 – More college in Virginia. I had fine grades and was in an Academic Honors Program. I also had a full tuition scholarship but borrowed another $2,500 for room and board.

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Life Changing Economic Theories, Applied To Personal Finance

Life Changing Economic Theories, Applied To Personal Finance

The Woke Salaryman

My parents always insisted that I should make economics a core part of what I learnt in school.

So when I went to Ngee Ann as a Mass Communication student, I absolutely disappointed them.

That said, it’s never too late to start learning.

As part of my commitment to becoming a specialist with a generalist skillset, I’ve started to pick up economics along the way by reading articles and watching videos, just to see what I’m missing.

And it turns out, my parents were right. I was indeed missing out on a lot. Here are six theories that made me wish I went to JC and learnt the subject earlier.

Read More
Advice, Economics, Personal Finance DINARRECAPS8 Advice, Economics, Personal Finance DINARRECAPS8

House Cats or Human Beings?

.House Cats or Human Beings?

Notes From The Field By Simon Black May 18, 2020 Bahia Beach, Puerto Rico

One of the more flummoxing aspects about living in Puerto Rico is that the political leadership is never-ending parade of highly corrupted, certifiable idiots.

The latest Governoramus of Puerto Rico seems hellbent on destroying every remaining scrap of prosperity on this island, all in an effort to indulge her ego-maniacal God complex.

Puerto Rico was the first places in the US to order a full lockdown, and it may very well be the last place to open up; the governoramus ordered everyone to shelter in place starting March 15th, and the order is still in effect

Read More

.Patience May Be A Key Economic Indicator

.Patience May Be A Key Economic Indicator

​Why wealth and patience appear to go hand in hand

Patience is often thought of in terms of social interactions. But the ability to bide one’s time also plays into national economics.

July 29, 2019  By Danny Jin Staff writer

Patience may be a virtue, but it could also be a key economic indicator.

Economists are interested in values like patience, altruism, and trust because they play key roles in how people behave.

Read More

.Fathers Confess: Don't Make the Same Money Mistakes I Did

.Fathers Confess: Don't Make the Same Money Mistakes I Did

US News By Hal Bundrick

In life, there are occasions when we wish we could get a "do-over." Just as in the movie "Groundhog Day" or Tom Cruise's latest sci-fi thriller "Edge of Tomorrow," we would love the opportunity to keep doing something over and over until we get it right. In honor of Father's Day, we're going to give a few dads a mulligan on their money mistakes.

Lesson Learned

Mike Robbins, a motivational speaker and author of "Nothing Changes Until You Do," admits to making his share of financial mistakes and fully intends to pass on what he's learned to his two daughters, ages 5 and 8. Robbins' earliest memory of how financial pressures can affect a family goes back to when he was 8 years old.

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

South Dakota Is Fast Becoming A Mini-Switzerland For The World’s Rich

.South Dakota Is Fast Becoming A Mini-Switzerland For The World’s Rich

Billionaire Divorce Uncovers Secretive World Of Trusts In South Dakota

May 6 2020 Robert Frank@ROBTFRANK

Louise Connelly@LOUISEBCONNELLY and Scott Zamost@SCOTTZAMOST

KEY POINTS

In a lawsuit, Marie Bosarge claims that her estranged husband, Texas billionaire Ed Bosarge, created trusts “to hide income and property and to hold what would otherwise have been personal income and assets.”

More than just another billionaire divorce spat, the case offers a rare window into the highly secretive world of asset trusts in South Dakota.

South Dakota is fast becoming a mini-Switzerland for the world’s rich trying to shield their assets.

Billionaire divorce shines light on South Dakota trusts

During their more than 30 years of marriage, Texas billionaire Ed and Marie Bosarge accumulated an unusual collection of treasures.

They owned 12 homes, including five properties in Maine and a private island in the Bahamas. They had a 180-foot sailing yacht with its own grand piano. They bought a $5 million Egyptian mummy. Marie bought some of Marilyn Monroe’s personal effects, including her furniture, dresses and bras.

Read More

Another Week, Another $3 Trillion Bailout

.Another Week, Another $3 Trillion Bailout

Notes From The Field By Simon Black May 18, 2020 Bahia Beach, Puerto Rico

At precisely 9:26pm this past Friday night, May 15th, the House of Representatives in the United States passed the “Health and Economic Recovery Omnibus Emergency Solutions Act.”

For short, they call it the HEROES Act.

And yes, it’s as ridiculous as it sounds.

Bear in mind that Congress passed the first bailout bill-- the “Families First Coronavirus Response Act” on March 14th. That set the taxpayers back $1.3 trillion.

Less than two weeks later, Congress passed the “Coronavirus Aid, Relief, and Economic Security Act”, or CARES, which cost a hefty $2 trillion.

Read More

"Dying Economy, Fed Incompetence"

."Dying Economy, Fed Incompetence" - Robert Kiyosaki Sees Bitcoin At $75k In 3 Years

By Tyler Durden Sun, 05/17/2020 – Zero Hedge Authored by Jeffrey Albus via CoinTelegraph.com,

Robert Kiyosaki (Rich Dad Poor Dad) predicts that Bitcoin’s price will rise nearly 100% per year over the next three years.

Robert Kiyosaki, businessman and best selling author of the book Rich Dad, Poor Dad, has taken to Twitter once again to proclaim his bullish position on Bitcoin.

His prognosis? BTC’s price is heading to $75,000 in three years.

How Kiyosaki values each asset

In a viral May 16 tweet, Kiyosaki states that his fear of a dying economy has led him to purchase more of three assets that he ostensibly considers valuable outside of the traditional financial system: Gold, Silver, and Bitcoin (BTC).

Read More
Advice, Economics, Personal Finance DINARRECAPS8 Advice, Economics, Personal Finance DINARRECAPS8

Unmasking A Post-COVID Future  Information Briefing #153  

.Unmasking A Post-COVID Future Information Briefing #153

White Hats Auxiliary / Information Center May 17, 2020 by whitehatsauxiliaries

To Unite In Support Of The White Hats, Accurately Inform About The Mission To Release The World Global Settlements/Global Currency Reset, And Explore The New Frontier Of Digital Wealth

Unmasking A Post-COVID Future

For Millennia, Mankind has evolved under the conflicts of Religions, Hegemony, Race and Materialism. Whatever came our way, including Pandemics, we adjusted, and economies grew. We are the Global Top Primate Species. Top of the Food Chain. But Covid-19 is loose now as the ultimate Lab Bats cocktail.

The Wild Card, no courtesy of China.

We are – Defenseless. It is merciless and indiscriminate. Nations’ Borders are no barriers. The Chinese travelling mobile human Ants have carried it everywhere.

Read More
Advice, Personal Finance DINARRECAPS8 Advice, Personal Finance DINARRECAPS8

Sometimes the Best Decision for Your Company Isn’t the Most Popular

.Sometimes the Best Decision for Your Company Isn’t the Most Popular

An Interview with James Tonkin

Yitzi Weiner Mar 28, 2019

“…reading his book gave me a lot of insight into making good decisions for the right reasons. Sometimes they may not be popular but they’re really important. Nobody told me that before I got in to becoming a leader myself. Understanding how you make good decisions and sharing that decision making process with others so they buy into the concept is really important.”

I had the pleasure of interviewing James S. Tonkin, President and Founder HealthyBrandBuilders

For more than 44 years, Jim has served the private sector as a brand and marketing development professional and Founder and President of HealthyBrandBuilders. He directs the building and design of national infrastructures for food and beverage industry clients.

Read More