shawshank

The Shawshank Redemption is one of my favorite films of all time, and I’m far from alone in that sentiment. It’s been the top rated film of all time on IMDB for years and years and has been endlessly appreciated by both critics and movie fans alike. In my opinion, the film resonates because it’s about a bunch of flawed but likable characters overcoming a very challenging situation, something we can all relate to. The movie manages to create very …

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Recently, I had the pleasure of reading the wonderful book Deep Work by Cal Newport. In the book, he defines what he calls the craftsman approach to tool selection: The Craftsman Approach to Tool Selection: Identify the core factors that determine success and happiness in your professional and personal life. Adopt a tool only if its positive impacts on these factors substantially outweigh its negative impacts. What’s the alternative? The Any-Benefit Approach to [...] Tool Selection: You’re justified in using …

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With summer travel season upon us, many of us are busy dreaming of our next chance to get away. And whether you crave a mountain landscape, a sunny beach and a cold drink, the bright lights of the big city, or an epic hiking trip through the wilderness, you’ll likely need a hotel or some type of overnight accommodation. But summer prices are often through the roof, which makes shopping around more important than ever. Nine Ways to Save Money on …

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How do people get “rich”? It’s a question that I see almost constantly asked in popular culture, both directly and indirectly. It’s a constant theme on networks like CNBC and Fox Business News. It’s a big part of countless television commercials, news programs, magazine and newspaper articles, and even entertainment programming. It’s the subject of endless classes, books, and conversations, too. Many seem to assume that it’s impossible for the average person to get rich without an obscene amount of …

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Some time back, noted former investment banker and entrepreneur James Altucher suggested millennials deal with their debt woes using one simple and elegant solution: Just don’t pay them. His suggestion that young people simply walk away from their debts was greeted by a chorus of boos. The peanut gallery seemed to think abandoning debt was the absolute worst thing a person could do — even putting aside questions of right and wrong and personal responsibility. But is the truth somewhere in the middle? …

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What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to summaries of five or fewer words. Click on the number to jump straight down to the question. 1. Perpetual homeowners insurance 2. College loans for school abroad 3. Simple ways to calculate interest 4. Comparing credit scores 5. Starting a home daycare business 6. Paying off spousal loans 7. Closing credit card accounts 8. Poor maintenance by other homeowner 9. Emergency fund or debt paydown? 10. …

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If you’re an American, is investing in the U.S. stock market good enough on its own? Or do you need to invest in international stock markets as well? Which route leads to better returns? Which involves less risk? What are the pitfalls to avoid? And if international investing is worth it, how much of your money should you keep abroad? In this post we’ll dive into all of that, exploring the pros and cons of international investing to help you figure out whether it’s …

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Anyone with small children knows what a huge challenge working and raising kids can be. Each hour you spend away from your kids is one you’ll never get back, and the financial costs of paying for childcare can be high enough to wipe out most of your wages to boot. And for a lot of parents, the costs that come with working aren’t even close to worth it. Related: Is Working Worth it When You Have Kids? I was 29 years …

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Ever since I was a little kid, I’ve had an affinity for numbers. My father loves telling this story about how when I was seven, I corrected a guy’s math off the top of my head… of course, that correction worked against my father and cost him some amount of money. I love playing with numbers in spreadsheet programs and I even enjoy writing computer programs to manipulate numbers – after all, that’s what I did for a living for …

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If you’re tired of struggling to pay off high-interest credit card debt, performing a balance transfer can be an extremely smart idea. With a balance transfer credit card, you can score 0% interest for anywhere from 12 to 21 months. If you use that time properly and really attack your debts, you could emerge from the experience entirely debt-free – or at least, much better off than when you started. Still, signing up for a balance transfer credit card and transferring your high-interest …

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