Personal finance: How to save, spend, and think rationally about money

Finances can be a stressor, regardless of tax bracket. Here are tips for making better money decisions.

  • Whether you have a lot of money or a lot of debt, it matters how you handle your personal finances. A crucial step when it comes to saving is to reassess your relationship with money and to learn to adopt a broader, more logical point of view.
  • In this video, social innovator and activist Vicki Robin, psychologist Daniel Kahneman, Harvard Business School professor Michael Norton, and author Bruce Feiler offer advice on achieving financial independence, learning to control your emotions, spending smarter, and teaching children about money.
  • It all starts with education and understanding. The more you know about how money works, the better you will be at avoiding mistakes and the easier it will be to take control of your financial circumstances.
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Venture investors need to invest in Black-owned businesses

Less than 1% of all venture capital funding in the US is given to Black entrepreneurs. Now is the time for that to change.

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  • Abner Mason, CEO and founder of health care startup ConsejoSano, is calling for all venture capital firms in the United States to pledge to invest 13% of their funds in African American businesses.
  • Currently, Black entrepreneurs receive less than 1% of all venture capital funding.
  • The 13% target reflects the percentage of Black Americans and is a nod to the 13th Amendment.
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Rethinking long-term investment strategies for the new normal

Take a step back and think about the best way to attain your retirement goals.

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  • In these topsy turvy times, it can be hard to know how to go about ensuring your long-term financial health.
  • Even before the pandemic, many underestimated their need to be proactive about saving for retirement.
  • It may be tempting to reduce or pause your retirement contributions. Unless absolutely necessary, the best thing to do is ignore the panic and stay the course.
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​How start-ups raise capital when their bank account is empty

Big Think's co-founder and CEO, Victoria Montgomery Brown, offers six pieces of advice to founders in her forthcoming book.

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  • Big Think's CEO and co-founder Victoria Montgomery Brown explores the challenges of being a female entrepreneur in her forthcoming book, Digital Goddess.
  • In one chapter, Brown offers key insights into how to raise capital when you have no money and no MVP.
  • She advises to use every edge at your disposal; perseverance and tenacity are essential.
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What is ESG investing?

Transparency no doubt keeps organizations more accountable, but public companies need to reconnect with their true owners.

  • ESG in investing stands for environmental, social and governance. It is a set of criteria investors can use to understand the values and the future of an organization.
  • Companies pour resources into disclosing their ESG because, as the saying goes, sunlight is the best disinfectant. Or so has been the thought for many years.
  • While ESG is undoubtedly good, says John Fullerton, mere transparency is not going to solve the world's sustainability issues. For that, public companies need to act more like private companies and be responsible to their owners.
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