Book Review: The Millionaire Mind by Thomas J. Stanley

Book Review: The Millionaire Mind by Thomas J. Stanley

By The Banker | Book Reviews, Personal Finance

The Millionaire Mind by Thomas J. Stanley did not win the acclaim of its predecessor The Millionaire Next Door, but I consider it an equally valuable resource for personal financial education. As with The Millionaire Next Door, which I reviewed earlier, Stanley conducts a type of ethnographic study of multi-millionaires, surveying them on attitudes, life [&hellip

Book Review: Innumeracy, by John Allen Paulos

Book Review: Innumeracy, by John Allen Paulos

By The Banker | Book Reviews, Personal Finance

In Innumeracy – Mathematical Illiteracy And Its Consequences  John Allen Paulos launches himself against the tide of mathematical illiteracy both as a polemicist and as a teacher.  His stated purpose is to appeal to innumerates with enjoyable and illuminating examples of everyday, as well as fanciful, uses of mathematics.  I enjoyed the book, and some [&hellip

Where's Manuel Now? Huffington Post Found Him!

Where’s Manuel Now? Huffington Post Found Him!

By The Banker | Blog Posts, Texas

  In April of this year my local school district initially offered to hire, and then encouraged the withdrawal of the candidacy of Superintendent Manuel Isquierdo from the Tucson, Arizona school district known as Sunnyside Unified School District, following disclosure of Isquierdo’s financial distress and a pattern of minor legal troubles.  This week the Huffington [&hellip

A Source of Angel Funds: Your IRA

A Source of Angel Funds: Your IRA

By The Banker | Blog Posts, Investing, Personal Finance

Karen Blumenthal’s column in The Wall Street Journal over the weekend featured two of my favorite topics, self-directed IRAs and entrepreneurship, in a combined article.  The details in the article, as well as the details of using a self-directed IRA to fund a small company, are complex. ·         You can’t lend money personally to the [&hellip

Book Review: The Death and Life of Great American Cities

Book Review: The Death and Life of Great American Cities

By The Banker | Book Reviews, Texas

Why do some American cities diversify, improve, innovate and grow?  While other cities – most recently and egregiously Detroit – stagnate, shrink, and ultimately fail financially? I’m way outside of my intellectual comfort zone when it comes to commenting on urban planning policy, but reading Jane Jacobs’ classic The Death and Life of Great American [&hellip