The World's Best Book Summaries
Why are cars so expensive right now? Will prices come down any time soon? It’s been a rough ride for Americans looking to buy a car in 2023. The average new vehicle carries a monthly payment of $730, and the average used car rings in at $26,000. Auto insurance rates and repair costs have also been rising. Read on to learn why cars are so expensive right now and if prices will come down any time soon.
Is the IRS $80 billion funding plan a good or bad idea? Who will the overhaul help or hurt? In a bid to revitalize its operations and tackle long-standing challenges, the Internal Revenue Service (IRS) recently announced a bold $80 billion, 10-year strategic plan for an extensive overhaul. The plan aims to address issues stemming from years of underfunding, staff shortages, and outdated technology. Read on to learn experts’ varied viewpoints on the pros and cons of the IRS $80 billion overhaul.
Are oil and gas companies monopolies? Why are these industries so profitable? In her book Blowout, Rachel Maddow discusses why gas and oil company profits are so high. To understand, it’s important to first know the histories of both the oil and gas industries. Keep reading to understand why oil and gas companies dominate the market.
What’s the best money you ever spent? Do you distinguish necessities from luxuries? Is wealth a zero-sum game? It’s likely that you could benefit from being more thoughtful about money and how it intersects with your life—your goals, dreams, and values. Even if you’re not naturally financially minded, you can gain a healthier way to think about money and a healthier relationship with it. Read more if you’d like to achieve a better alignment between money and your values and enjoy more of what matters most to you.
Do you and your partner split the bill? How do you discuss finances with your partner? Money can be an awkward subject to discuss with your partner. But if you don’t have that conversation, you’ll never agree on who pays what or what your financial future should look like. Keep reading to learn how to discuss finances with your partner, according to Eight Dates.
Want an overview of Bill Perkins’s Die With Zero? How can you get the most out of your money? Is saving money actually important? In Die With Zero, Bill Perkins argues that experiences and relationships give life meaning, and people should aim to invest all their money in them before they die. Perkins believes that you should be strategic about spending and saving with the goal of squeezing every cent’s worth of value from life. Read on for an overview of Bill Perkins’s Die With Zero: Getting All You Can From Your Money and Your Life.
Is saving money important? What are the cons of saving money? When can saving money actually cause problems? Author Bill Perkins argues that saving money isn’t always the best financial plan. In his book Die With Zero, he claims that saving money is important when you use that money for enriching life experiences or to further your relationships with others, however, saving just to save is unwise. Read on to learn why Perkins says saving money isn’t as important as most people think.
Do you want to try your hand at investing? What are the best investment strategies for beginners? Investing is a great way to become financially stable—and even wealthy. With so many options out there, it’s overwhelming to know where to start. Luckily, we have strategies that are perfect for beginners who want to dip their toes in the investment pool. Check out these investing strategies for beginners, recommended by expert financial advisors and investors.
Want to learn how to spend money wisely? Why is it important to spend money on experiences rather than things? In Die With Zero, Bill Perkins teaches you how to spend money wisely to get the most out of your life experiences and relationships with others. He challenges the idea of saving every penny for retirement and instead advocates for spending your money on what matters most. Read on to learn how to spend your money wisely, according to Perkins’s tips.
Wondering why you’re suddenly tipping more? What’s tipflation? How is the legacy of tipping connected to today’s tipping fatigue? Tipping has a long history in the US, and these days it may feel like every time you turn around you’re being asked to tip—and to tip more than you’d like. This phenomenon is called tipflation and experts say it’s mostly been driven by the pandemic and the use of tablets for payment. Read on to learn about tipflation, based on a historical perspective and current analysis of the issues.