Curated Links: 01/01/2024

Why Americans’ ‘YOLO’ Spending Spree Baffles Economists

Typically, after a major crisis or job-market downshift, the economy generally experiences a small bump in both consumer savings and spending. However, the San Francisco Reserve Bank (SFRB) reported in May that the post-pandemic rise in fiscal spending this year has soared beyond the growth of any other post-1970s recessions.

The Paradox of Happiness

What kind of mindset should we cultivate in a world that pushes us towards cynicism and escapism?

Safe Withdrawal Rates: Annual study suggests that new retirees can spend more from their portfolios.

Retirement drawdown strategies remain one of the most challenging areas in all of finance. But fortunately, retirees have numerous options. The right level of flexibility in a retiree’s spending system ultimately depends on several different factors, including whether the individual wants to prioritize steady income over time, maximizing withdrawal rates, having money left over for bequest purposes, and the extent to which fixed expenses are covered by nonportfolio income sources.

The 20 Greatest Decluttering Tips of All Time

Embarking on the decluttering journey transforms spaces and minds. It’s about making room for more of what matters. And there are lots of approaches to accomplish that.

Create a family charter for a successful family business

With 97 per cent of farming businesses, being family businesses, Nuffield Scholar, Peter Craven set out to discover the winning formula for success