Fill your brain with some goodness and read some of these recommended articles on debt, investing, health, time management, and other interesting tidbits to give you a leg up in life.
Simplify your life. Find your truth. Work towards your goals.
Financial Planning
- How much do people in the U.S. actually have in savings? This sums it up, and it’s pathetic. – Here’s how much money Americans have in their savings accounts – https://www.cnbc.com/2017/09/13/how-much-americans-at-have-in-their-savings-accounts.html
- A quick recap of U.S. finances; median household income is slightly over $50,000. 69% of households have less than $1,000 in savings. 1/3 of households have zero savings in reserve. Credit card debt in the U.S. is at an all-time high of $1.027 trillion. Auto loan debt is over $1 trillion. Student loan debt is now $1.4 trillion. The debt pile is not only larger than ever before, but it is growing at its fastest rate in decades. 78% of full-time U.S. workers (nearly 100 million) are living paycheck to paycheck. Interest rates are at record lows (Federal Reserve ensuring that they keep the economy going no matter how desperate the efforts). 2008/2009 brought us a global economic meltdown due to a global debt blow-up. So how do you solve a debt problem? Apparently with even larger amounts of debt. – http://www.zerohedge.com/news/2017-09-13/97-million-american-workers-are-living-paycheck-paycheck
Debt
- The amount of global debt is just mind blowing. The numbers are now so large that our brains can’t even process the magnitude of the amounts. So what do most humans do in situations like this: They just ignore facts that their brains can’t process – http://www.zerohedge.com/news/2017-09-13/bofa-stumbles-51-trillion-problem
Investments/Valuations
- Legendary investor Julian Robertson of Tiger Management believes we have created a bubble through low interest rates – Tiger Management’s Robertson says valuations are ‘very high’ on stocks – https://www.cnbc.com/2017/09/12/tiger-managements-robertson-says-valuations-are-very-high-on-stocks.html
Health
- When it comes to “scientific evidence” to question the food industry on unhealthy foods (like sugar) don’t believe that the giant corporations aren’t trying to manipulate the data and the story. Too much money at stake. Should we really expect anything less out of a tobacco company or a sugar factory like Coca-Cola? – https://www.bloomberg.com/news/articles/2017-09-13/emails-show-how-the-food-industry-uses-science-to-push-soda
- The link between gut health and multiple-sclerosis. More and more scientific evidence is being discovered on the importance of gut health which is at the heart of the entire immune system – http://www.mydomaine.com/gut-health-and-multiple-sclerosis
- If you were wondering, your desk job is actually killing you. Here’s how – Yes, your desk job is killing you, new study confirms – https://www.cnbc.com/2017/09/15/yes-your-desk-job-is-killing-you-new-study-confirms.html
- How big business and government can screw up the organic egg industry. Are we REALLY out to help the little guy or protect big business who spends more on lobbying efforts to D.C. politicians? – https://www.bloomberg.com/news/articles/2017-09-15/good-luck-finding-a-truly-organic-egg
Other Tidbits
- Ray Dalio on the dangers of holding on to wrong beliefs. I have already pre-ordered his Principles book off of Amazon. I look forward to reading it as I am a huge believer in having and sticking to your pre-thought out principles – Ray Dalio says ‘greatest tragedy of mankind’ is people clinging to wrong opinions – https://www.cnbc.com/2017/09/12/ray-dalio-says-greatest-tragedy-of-mankind-is-people-clinging-to-wrong-opinions.html