Peter Dunn

Those very close to you—even well-adjusted adult children raised by you—will struggle to contextualize your balance sheet, which often becomes a detriment to their financial existence.

Context is everything, and there’s no way you’ll ever have enough context to understand another person’s financial life, especially in casual, social settings.

Our year-end household financial meeting has become something we look forward to as late December ticks on.

Not needing a lot of money is a better strategy than having a lot of money.

I feel I’ve already learned a ton from this experience so far, and those lessons have brought me a sense of thankfulness.

The most complicating factor is that we don’t know how much we’ll need because we don’t know when we’ll die.

Whether or not a constitutional crisis–and all the economic and market chaos it would bring–is nigh, it’s impossible to time our exit and re-entry into the markets,

The pandemic is not over yet, nor is the economic fallout, but I do believe Americans’ financial sensibility could conceivably shift in a healthier direction.

It’s easy to dismiss financial mistakes with the old, “It made sense at the time.” But here’s the thing; a lot of times, those decisions didn’t actually make sense at the time.

Following my first two rules will create an inordinate amount of stress if he were to earn at or below living wage, even if he is living with you and eliminating most of his living expenses.