Remove 2024 Remove Budgeting Remove Math
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Sunday links: money skepticism

Abnormal Returns

Markets The S&P 500 returned 5.87% in November 2024. on.spdji.com) It's hard to make the math on hedge funds add up. nytimes.com) Budgeting When you do the math, it's hard to find trillions to save in the federal budget. econbrowser.com) The Department of Veteran Affairs now makes up 5% of the federal budget.

Math 173
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Government Spending Is Out of Control! LOL

The Big Picture

The text accompanying that chart reads: “ Consumption: in 2024, one third of GDP came from government spending, a record high excluding periods of war or crisis; this was financed by 6-7% budget deficits, another unwelcome peacetime record.” How can this be? Maybe my animus toward DOGE is misplaced.

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The Greatest Missed Opportunity of Our Lifetimes

The Big Picture

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 trillion in 2033 and summing to $10.6 trillion over that period.

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7 Best Personal Finance Courses in 2024 For Beginners

Trade Brains

From budgeting basics to investments, these courses offer a comprehensive foundation for managing your money in a better way. The course covers an introduction to personal finance, credit cards, life insurance, health insurance, investment instruments, loans, income tax and planning, budgeting and building a strong portfolio.

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College Planning with Help from Grandparents!

MainStreet Financial Planning

The new rule: Grandparent owned 529 plans are not reported on the FAFSA at all starting in 2024, so they have no impact on a student’s financial aid calculation. Let’s work out the math, if you have $100,000 in a parent owned 529 plan, then student aid will be reduced by $5,640, over 4 years that is over $20,000!

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In the Market for a Big Purchase? Why You Might Want to Hold Off

Your Richest Life

Additionally, keep an eye on your budget and consider refinancing when rates fall again. So again, if your renovations aren’t completely necessary, you might want to hold off until 2024 to see if those factors improve. You should also do the math to make sure you have a clear idea of what you can afford.

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Transcript: Elizabeth Burton, Goldman Sachs Asset Management

The Big Picture

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons. And it’s a critical need.

Assets 147