The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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It’s easy to feel invincible when you’re young, healthy and have a steady paycheck. After all, the chances of something catastrophic happening to you are pretty low, right?
Each day, the Fed is behind the scenes supporting the economy and providing services to the U.S. financial system.
Financial planning often doesn’t take place on a beach. But the next time you find yourself there, try this experiment, courtesy of management and motivational guru Stephen R. Covey: You’ll need a mason jar and an assortment of big rocks, smaller gravel, sand, and water.