Today we’re back talking about why I save such a high percentage of my income.
Last week we talked about buying options and how hard work is paying less and less over time.
One of the reasons that we are being paid less for our labor is the increasing reliance by companies on automation. This increased automation is a serious enough concern that it gets its own article today. Continue reading “The Onslaught of Automation (Why I Save So Much, Part 3)”
On Tuesday I started trying to explain why I save and invest such a high percentage of my income at such a (relatively) young age.
In that post, we spent some time exploring how a high savings rate can buy you options and can free up how you spend your time in the future. It was an optimistic and positive pitch for saving.
Today will be a bit less optimistic. And less positive. It will be about a sad truth of our modern economy.
Hard work doesn’t pay.
At least, not as much as it used to. Continue reading “Hard Work Doesn’t Pay (Why I Save So Much, Part 2)”
It is popular in the personal finance community to say that politics doesn’t matter. But it does matter. Politics matters because policy matters and politicians set policy. Continue reading “On Politics and Personal Finance”