People who don’t use a budget often cringe at the mere mention of the word. They think of a budget as something you go on, like a diet. “We can’t go skiing this winter—we’re on a budget.” They think of a budget as being about less—less freedom less spending, and less...

There was an interesting debate in the Wall Street Journal in which two personal finance writers squared off on the question in the headline of this post In favor Manisha Thakor, author of “On My Own Two Feet,” among other personal finance books, favors full financial...

Over the last several years, I’ve been doing a lot of thinking about teaching kids how to invest. There is so much potential good that could come about by getting kids started with investing as soon as possible. In a practical sense, they have an abundance of one of...