Saving money is the secret to generating enough surplus capital to begin investing and building a better life for you and your family. These articles and posts involve saving money, such as ways to lower your expenses or the importance of living within your means.

Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

Money Is a Tool - Use It Wisely

Your Goal Is Not To Die With the Highest Net Worth Possible, It Is To Maximize The Utility of Your Family’s Money

Saving money is important.  Investing money is important.  But if you don’t cash in some chips at some point in your life, all of your efforts will have been wasted because those claim checks on society will be taken by the government, spent by your heirs, or redistributed through fees and expenses by professionals such as attorneys left to sort out the inevitable lawsuits that result in the fight over your fortune after you’re gone.

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Top 1 Percent of Net Worth and Wealth in the United States of America

How Much Money Does It Take To Be In The Top 1% of Wealth and Net Worth in the United States

What does it take to be in the top 1% of wealth in the United States? Many of you write me and ask that question, hoping someday to make it into the top 1% of net worth but not sure where that line gets drawn. I thought it might be useful to provide a reference to which I could point people in the future whenever they write, as well as make for some interesting afternoon reading for those of you who are curious about the nature of the economic world in which we live.

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Jamal Mashburn Owns Papa John's and Outback Steakhouses

Why Aren’t More Athletes Like Jamal Mashburn or Ulysses Bridgeman, Jr.?

The Internet is buzzing with a clip from Terrell Owens’ reality show on VH1.  In a recent installment of the program, T.O. begins to cry about the money troubles he faces after discovering that his finances aren’t adding up, his credit score is in the 500’s, he has mortgages due on real estate and he…

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Intrinsic Value Book Featured

When It Comes to Books, I Don’t Care How Much Money I Spend or Waste Ruining Them

I’m a big reader.  Huge.  My library consists of thousands of titles, mostly all of which are non-fiction (biographies, finance, business, economics, psychology, history, ethics, etc.)  If I were to reproduce it, the cost would be somewhere between $12,000 and $30,000 depending on  how difficult it was to get your hands on many of the…

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Cost of Owning a Car Thumbnail

The Cost of Owning a Car: The Average American Spends 58.5¢ Per Mile Driven, or $8,776 Per Year Per Car

[mainbodyad]It always struck me as particularly stupid when people complained about the cost of gasoline, even when I was a teenager with very little money just learning about how investing worked. It seemed perfectly obvious to me that if an increase of $1 per gallon cut into your standard of living, you were living so…

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Coca-Cola Direct Stock Purchase Plan and Coca-Cola Dividend Reinvestment Plan or Coke DRIP Literature

How We Used Shares of Coca-Cola to Teach My Youngest Sister About Investing (and Why the Cycle of Consumption and Financial Stress Starts as a Teenager for Most Americans)

When I was a senior in high school, I bought my youngest sister a single share of Coca-Cola common stock for her 6th birthday. It’s been a teaching mechanism throughout her life; one that is far more important and beneficial from an academic and educational standpoint than any investment return it could generate.

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Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory