Nick Maggiulli

There's a simple solution to this: -Joint bank account (all income goes in, all shared expenses come out) -Each spouse keeps separate account -Any surplus (in joint account) gets split (50/50) and sent to separate accounts -For big purchases, each party deposits back into joint

Caleb Hammer reveals his biggest money mistake was buying rental properties instead of investing in the market “I made decent money, but I would have made so much more money by just being in the market instead of focusing on that. My rental properties back in my home state, I am fully exiting them and just putting the money in the market.”

it’s a bit ominous as a younger guy that every single rich dude > makes hundreds of millions of dollars > immediately becomes a health fanatic is the falloff after 35 that bad?

My best friend is 36 years old. He’s been married for 7 years, but they still don’t have a joint bank account. He and his wife literally Venmo each other for half a meal out, or half of the gas bill. How do I kindly explain to him that they are acting like unserious children?

Best counter-arguments I've heard: (1) Want religious education (2) Specific schooling needs (e.g., dsylexia) (3) Safety (1) and (2) both seem legit. I am skeptical that (3) is an issue at most decent public schools.