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Must See: Fantastic Educational Cartoon on the Economy

Must See: Fantastic Educational Cartoon on the Economy

by Doug Goldstein CFP® | Dec 24, 2015 | Other

After listening to a news report, my son asked me a question about the economy. It became clear to me that he needed to learn fundamental economic terms like “productivity growth,” “the short-term debt cycle,” and “gross domestic product.” But how could I give him a... Click for more
How to Talk to Kids about Money

How to Talk to Kids about Money

by Doug Goldstein CFP® | Dec 17, 2015 | Behavior finance

Money is like sex. If you don’t actively teach your kids the right facts, they’ll pick up all sorts of information on the street. The best way to introduce your children to the money world is to talk to your kids about money early and often. Learning about money from... Click for more
How the Demographic Cycle Can Make You Rich (or Poor)

How the Demographic Cycle Can Make You Rich (or Poor)

by Doug Goldstein CFP® | Dec 10, 2015 | Other

The demographic cycle is one of the most important, yet often neglected, factors for predicting economic prosperity and performance. Demographics, statistical data related to the population and its various sectors, often reflect social changes that drive the economy.... Click for more
What are the Two Components of Successful Investing?

What are the Two Components of Successful Investing?

by Doug Goldstein CFP® | Dec 3, 2015 | Chess Strategies, Financial Strategies

Following a good strategy is important, but it isn’t enough to win. You need tactics too. Tactics are the small concrete steps that move you along the path to success. Weak tacticians lack the specific moves required to implement a strategy and never reach their... Click for more
How to Make Teaching Personal Finance in Schools More Effective

How to Make Teaching Personal Finance in Schools More Effective

by Doug Goldstein CFP® | Nov 26, 2015 | Financial Strategies

Of the many subjects taught in school, personal finance classes are noticeably absent. If kids were taught how to avoid debt and how to start saving for retirement from a young age, it would minimize the chance that later on in their lives they would experience... Click for more
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