A few weeks back I sent out a proposal to few prospective agents, expecting at least one would recognize the genius – and their own self-interested business opportunity – in my personal finance book proposal. One prospective agent asked a reasonable question in reply: “What’s the one thing you would like to get across to [&hellip

Editor’s Note:  Lars Kroijer, semi-regular contributor here and author of Investing Demystified, offers one of the two most important principles of Insurance: Namely, don’t buy too much of it. In this post he uses the simple example of auto insurance – which because of state laws in the US we must buy – to argue [&hellip

I learned from my wife the concept of the “feedback sandwich,” by which she means if you want to give someone an important piece of critical advice, it’s often most strategic to cushion the blow with a compliment to start, and a compliment to finish, with the criticism nestled in between. Michael Scott in Scranton, [&hellip

“Daddy,” began the little princess plaintively, “I’m bored.” The poor thing is trapped in her tower for the Summer months. Wizarding school ended the first week of June, and will not start again until next Fall. Also, it’s a Sunday and her 4-year old sister, the other little princess trapped in the tower, naps deeply [&hellip

If you frequently read articles, books and blog posts about personal finance – as is my unfortunate wont – you quickly stumble upon one of the sacred cows of the genre: “The Emergency Fund.” “The Emergency Fund,” the grown-ups tell us (as in this post that showed up in my inbox yesterday,) consists of 3 [&hellip