Tag: wealth

Ramsey is Wrong on Debt

Dave Ramsey is a smart dude, but I disagree with him on a significant number of issues. A primary disagreement is on the issue of debt. We agree debt is often bad and mainline financial analysis ignores negative, subtle psychological

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10 Questions: Do You Value Wealth or Happiness?

In typical financial planning an individual will seek to maximize wealth, perhaps adjusted a bit to smooth income over the course of their life or due to risk considerations. Economic planning, in contrast, favors optimizing on happiness or utility instead

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