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Trading Ideas

Total Student Loan Debt in the United States Squashes American Dream

I remember the day my wife and I bought our first house.
We were giddy.
Drunk on young love and possibilities.
We held in our hands a check for more than $250,000 and took photos of ourselves posing with it.
At the time, it was the largest sum of money we’d ever physically held. And we were painfully about to hand it over to someone else.
But in those glory days before the devastating financial crisis, we were purchasing our piece of the American Dream.
For many young Americans today – regardless of their upbringing – the joys, headaches and trials of homeownership are out of …read more […]

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The “Blue Zone” of Financial Well-Being

There are several keys to happiness, and research has shown that financial well-being is an important one.
Today, Alexander Green explains the importance of financial health in achieving a rich life, health and happy relationships.

In my last column, I discussed National Geographic Fellow Dan Buettner’s exciting new research on the “Blue Zones,” home to the world’s happiest and longest-living people.
And while money doesn’t always lead to a longer and more satisfying life, it certainly doesn’t hurt.
For example, in a Gallup-Sharecare study, nearly 90% of people who were managing their finances well said their relationship with their spouse or partner was strong.
Yet …read more […]