Why Smart People Are Bad With Money!
Why do people with high IQs, top degrees and big salaries still end up broke, while ordinary people quietly build wealth?
Short videos and plain-English explainers on interest rates, mortgages, debt, taxes and the economy, and what they mean for your money.
Why do people with high IQs, top degrees and big salaries still end up broke, while ordinary people quietly build wealth?
In 1994, Jeff Bezos quit a well-paid Wall Street job to sell books on the internet. No warehouse, no big investors and no proof it would work.
John D. Rockefeller started with a small oil refinery in Cleveland and ended up controlling about 90% of America's oil.
How did a company with one month of cash left become the most valuable company on Earth?
Why are bond yields rising everywhere at once?
The Fed just raised interest rates for the first time since 2023 to fight inflation.