When people hear the word "budget," they tend to equate it with “restrictions” – how much they can afford to spend, what they’re allowed to spend it on, and capping overall spending so they can save more. They think about recording every penny that goes out so they can see where they’ve gone over-budget and how they can make up for it.
There’s an old story about a king who, while indebted to a sorcerer, is given the choice of paying cash in 30,000 talents of silver to the sorcerer, or paying the sorcerer one talent on day one, and doubling the payment each day. This payment would continue for each square on a checkerboard (64 squares).
Americans are not saving enough. Despite low levels of unemployment and what looks to be one of the longest economic expansions in US history, many still lose sleep at night over a lack of emergency funding.
Recently I have noticed a lot of news stories about ridesharing that went wrong. Anyone who uses the apps Uber and Lyft have probably had their fair share of strange drivers, but it ended in them arriving at their destination safely. Because these are a relatively new service provided to the public, there really isn’t much of a protocol for best practices when using a rideshar