Square's Small Business Lending - Innovative?

Square’s Small Business Lending – Innovative?

By The Banker | Blog Posts

A friend sent me a link this morning to an article about Square Capital’s small business cash advance business. The credit card processing company Square claims to use credit card receipts data to prompt it to advance money – within as quickly as 24 hours from the request – to existing small business customers, even [&hellip

Video: Cool Multiplication Math Trick

Video: Cool Multiplication Math Trick

By The Banker | Audio Posts, Video

The following video will do nothing to improve your understanding of finance (my primary Bankers Anonymous goal) but if you, like me, occasionally have the opportunity to teach math to 8 years olds, you might find this as cool as I do. I had never seen the ‘visual way’ to teach and/or do multiplication until I [&hellip

Some Terrible Financial Advice: The

Some Terrible Financial Advice: The “Emergency Fund”

By The Banker | Blog Posts, Personal Finance

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

Time out for Poetry: Ithaka

Time out for Poetry: Ithaka

By The Banker | Blog Posts

The students in my Personal Finance course took their final exam yesterday, and many of them will graduate from college very shortly. One of the themes of the course, of course, was ‘getting wealthy.’ In addition, that’s the theme of the book I’m trying to write.  One of my friendly early readers of my book proposal draft mentioned [&hellip

Guest Post: The Simplest Investment Approach, Ever

Guest Post: The Simplest Investment Approach, Ever

By Lars Kroijer | How Not To Invest, Investing, Personal Finance

Editor’s Note: Lars Kroijer is a former hedge fund manager, and the author of two books. He previously posted here on the advantage of conceding ‘edge’ in personal investing. I appreciate his debunking the value of high-cost financial services.   You probably can’t outperform the market – here is how you should invest once you [&hellip