There is an old riddle about a lily pad in a pond. The lily pad doubles in size every day and after 30 days it completely covers the pond. On what day does the lily pad cover half the pond? If you answered without really thinking about it you probably answered “day 15”. Our mind…
My father, Kent Esplin, was a pioneer in the food storage industry. In the 1950s he started a business, Perma-Pak, that sold dehydrated and freeze dried food. As the symbol for his business he chose a squirrel holding an acorn. Why a squirrel? Because squirrels are great savers. They save and store enough food when…
Most of us believe that all our financial problems would disappear if we could simply make more money. Is this true? Keynes’ Prediction In 1930 John Maynard Keynes, perhaps the most famous and celebrated economist ever, wrote an essay entitled “Economic Possibilities for our Grandchildren”. In this essay Keynes made a prediction of what life…
One of the questions I get asked the most is which type of retirement account is better, traditional or Roth? The answer varies for different situations, and the best choice for you might change over the course of your life, but I will provide some guidelines with a little help from Yogi. I am…
Years ago the teacher in a college math class I was taking told a story I enjoyed. He claimed the story was absolutely true. While on vacation with his family the pilot on one of the flights decided to have some fun with the passengers by having a contest. He announced the plane’s direction of…
