Debt vs. Deficit   What is debt?  What is a deficit?  Do the two words mean the same?  We often hear the two used wrongly and completely out of context.  In simple terms, we can explain the differences in this way.    A deficit is the amount by which a sum of money falls […]

Build a Huge Nest Egg     You can build a huge nest egg for your later years simply by living below your means.  Does it mean driving a car that should be abandoned in a junkyard?  Not really.  Does it mean eating oatmeal seven days a week and drinking only water?  Not really, but […]