Saving Money

NPR

Yale’s David Swensen Leaves Behind A Powerful Legacy In Investing : NPR

A pioneering investor who ran Yale University's endowment, David Swensen, died this week at the age of 67 after a years-long battle with cancer. Swensen revolutionized the way many colleges invest, infusing some schools and nonprofits with vastly more resources to pay for things like financial aid for students and research.

Swensen was widely regarded by other investors as one of the greatest in the world. Case in point: He grew Yale's endowment from $1 billion in 1985 to $31 billion last year.

I saw they cut my auto-refill discount for my phone plan by $4, raising my phone by from $60 to $64 with the 20-gb hotspot plan

I saw they cut my auto-refill discount for my phone plan by $4, raising my phone by from $60 to $64 with the 20-gb hotspot plan. Just another cost on the budget — but with remote work and the library closed it’s kind of important to have Internet at home. That kind of sucks, but I guess everything is going up in price. May 1st my rent is going up too, and I just adjusted my bank to reflect the additional $25 a month. Car insurance is due on Monday. At least I should be getting a good tax-refund and the stimulus check this month, and I think I will be able to otherwise stay the course on my budget and savings. Once office life resumes, I can go back to the more basic data package, that will save money, to offset the cost of bus fares for commuting.

The Best Advice for Saving as Much as You Can

The Best Advice for Saving as Much as You Can

That’s because understanding personal finance is an uphill battle for many Americans. We’re not taught about the practicalities of money in school, because the truth is many industries profit from our ignorance. While wages have hardly budged in decades, shareholders and CEOs have never been richer. The cost of living in many major cities is prohibitive to just about anyone but the super privileged, or those willing to take on a lot of debt or make enormous sacrifices. While the stock market soars, just 52% of U.S. adults actually owned stock in 2016, according to Gallup, and the wealthiest 1% of households owned 38% of all stock shares in 2013. The government is actively working against consumers to make it easier for financial institutions to prey on its citizens, and a single medical bill can send a person into debt for the rest of their lives.