Wealth and Wisdom: Week of June 12, 2023

This could be the month the Fed puts a pause on its campaign of hiking interest rates – perhaps waiting to see if inflation will continue to cool. The decision will come on Wednesday of this week.

Many of our readers have asked for an update on my book after hearing me interviewed on KMOX over the past couple of weeks. Your Way to True Wealth: How to Make It Happen, Make It Last, and Make It Matter is scheduled for release on Tuesday, June 27 by Greenleaf Book Press Group and will be available at Amazon, Barnes & Noble, and other major booksellers. More details on our website. I hope you enjoy it!

Looks like the ‘Great Resignation’ might be over

The pandemic has ended – along with the free government money that came with it. With times getting tougher, it’s time to get back to work. (Reading time: 4 minutes)

Another trend that could be ending

A hot housing market made life good for flippers and real estate investors – but sharply higher mortgage rates are throwing cold water on that idea. (Reading time: 2 minutes)

Progress delayed

New research shows that today’s young adults are hitting key financial milestone later than previous generations. (Reading time: 3 minutes)

Average wedding now costs $29,000

Inflation and pent-up demand have driven up the total cost of getting hitched. (Reading time: 4 minutes)

13 more budget-busters

Turn this helpful article into a checklist for cutting your own living expenses. (Reading time: 5 minutes)

And the dividends keep coming

Big companies paid out more in dividends during the first quarter of 2023 than ever before. (Reading time: 3 minutes)

Enhancing the Rule of 72

This simple formula shows you how long it takes money to double based on various rates of return – but there are ways you can improve on it. (Reading time: 6 minutes)

Is now the time to save or pay off debt?

It was a much easier decision when interest rates were at rock bottom – but the best advice really hasn’t changed. (Reading time: 4 minutes)

Understanding your credit score

See how your credit score stacks up against the averages – and what you can do to improve it. (Reading time: 5 minutes)

Anybody want a free lighthouse?

I doubt I’ll ever retire – but if I do, you’ll probably find me living in one of these. (Reading time: 3 minutes)

Words to the Wise

"Debt removes options; savings adds them."

-Morgan Housel

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