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Clark owns a mortgage that he collects payments on much like a bank would. Recently he's noticed that he is getting mail and phone calls from note buyers. These are people who are involved in the latest dare to be rich scheme. They've heard a pitch in a hotel ballroom ...
People have about a trillion dollars sitting in lousy checking accounts at banks. They're being hit with a lot of arbitrary fees for transactions and they're not getting a lot in return. The typical bank pays about .1 percent interest on such accounts -- that's one tenth of one percent. ...
Clark despises debit cards -- or what he calls "piece of trash fake Visa and fake Mastercards." The banks love debit cards because they make huge profits on them. Most of us have had the experience of making a purchase with a debit card and being asked if we want ...
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Clark recently took his oldest child to college for the first time and came away with some musings about how much things have changed since he was in school. Back in the day, he went to campus with one trunk full of belongings. At his daughter's school, students showed up ...