To build wealth, we not only need to save but also spend wisely. In "The Art of Spending Money," Morgan Housel writes about ...
People like Warren Buffet become people like Warren Buffet by following basic rules and being disciplined. Here's how to ...
One of the unique aspects of my job as a family and consumer sciences educator is the coaching I’m able to conduct with individuals about personal finance and consumer behavior. My conversations ...
The New Republic on MSNOpinion

In Praise of the Idle Rich Wastrel

If we can’t raise taxes to halt intergenerational wealth accumulation, our hopes lie in heirs pissing it away.
The new Allianz Global Wealth Report 2025 reveals that financial assets expanded by 8.7%, outpacing 2023’s already-strong 8.0 ...
The American promise of equality is a lie – a false claim often made by politicians during election campaigns. The truth is ...
Polls have shown for decades that Americans believe the wealthiest among us don't pay their fair share in taxes, and a new ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If there is a question that people in the FIRE (financial ...
When Senator Bernie Sanders took his “Fighting Oligarchy” tour to Missoula, Montana, in mid-April, he had one person in particular on his mind. “Mr. Musk himself owns more wealth than the bottom 56 ...
There’s an old saying that the easiest way to make a billion dollars is to start off with a million dollars. It doesn’t apply to every billionaire, but it partly explains why both Elon Musk and ...
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a ...
Let’s have a candid chat about money that goes beyond the surface. We often use the words “rich” and “wealthy” interchangeably, but they are far from the same. In fact, understanding the crucial ...