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Government Spending Is Out of Control! LOL

The Big Picture

Let’s delve into a case in point of Coase’s theorem: If you wanted to peddle the narrative that government spending is out of control, you might present a chart like the one above, which is an exact replica of a chart that appeared recently in a piece of research from a major Wall St. investment firm.

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Weekend Reading For Financial Planners (January 25–26)

Nerd's Eye View

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How To Budget: Budgeting Methods And Budget Categories

Clever Girl Finance

Love it or hate it, if you want to be financially successful, you need to budget your money and understand budget categories. Getting your finances in order and building wealth takes planning, and your budget can help you do just that. Determine which budgeting methods will work for you 2. Table of contents 1.

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Personal finance links: desired results

Abnormal Returns

awealthofcommonsense.com) Balancing the present and future is always imperfect. wsj.com) What is the difference between traditional and reverse budgeting? (ofdollarsanddata.com) Finding balance in life is the exception, not the rule. alchemy.substack.com) There's only so many life goals you can achieve. Choose wisely.

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Weekend Reading For Financial Planners (Dec 24-25)

Nerd's Eye View

How the holiday season presents an opportunity to have important money-related conversations with family members. Why being present during gatherings with friends and family members can be the best gift of all during the holiday season. How ‘regifting’ can help save money and reduce waste. Read More.

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Inflation Expectations: A Dubious Survey

The Big Picture

I have a sneaking suspicion that inflation expectations are overly dependent on 6-foot tall numbers posted nationwide adjacent to roadways showing the price of a commodity that used to be a very significant portion of the family budget but today is a much smaller part of consumer spending.

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Don’t Forget These 29 Monthly Expenses In Your Budget

Clever Girl Finance

Budgeting is one of the most important financial habits to develop. There are so many budgeting methods out there to choose from, but it’s not just creating a budget that will set you up for financial success. How do I plan for variable vs fixed expenses in my budget? What are average expenses for a household?