Russ Halloway

The 5-year rule and the price-to-rent ratio are shortcuts, not math. Here is an actual break-even calculation.

“Good debt” is a real financial concept — low-interest, appreciating-asset debt is mathematically different from a maxed-out credit card. But somewhere…

You’ve heard of the envelope method. You probably think it’s outdated because you have a banking app. You’re wrong about why it works, and that’s the actual…

You got a raise last year. Where did it go? If you can’t answer that in specific dollar terms, you already know the answer — it’s gone, and you didn’t spend…