Daily Reckoning

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  • Achieving a Deeper Sleep in 2 Minutes

    Achieving a Deeper Sleep in 2 Minutes

    This post Achieving a Deeper Sleep in 2 Minutes appeared first on Daily Reckoning. Do you have trouble falling asleep at night? Would you like to be able to fall asleep at the drop of a hat? Today I’m going to show you how you can fall asleep anywhere, anytime, in less than 2 minutes using a simple 2-step program. This program was designed for U.S. military fighter pilots during WWII. Believe it or not, the man who developed this program was an American track and field coach who is regarded as one of the greatest sprint coaches in the world. Over his career, Bud Winter produced 102 All-Americans, 27 who went on to become Olympians. Almost all of Winter’s achievements in track and field can be tied back to his philosophy and research on relaxation. Winter’s 2-step program that helped U.S. fighter pilots relax and sleep well during stressful times is outlined in his now out-of-print book Relax and Win. In 1959, Sports Illustrated interviewed Winter, asking him to explain how the program came about: “I taught relaxation during the war to pilots,” says Winter. “We were losing pilots in training because they were too tense. Pilots who had …Read More »
  • 10 Spending Habits That Can Leave You Broke

    10 Spending Habits That Can Leave You Broke

    This post 10 Spending Habits That Can Leave You Broke appeared first on Daily Reckoning. I’m all for treating myself to some of life’s luxuries, but I won’t splurge to the point where it starts to hurt my finances. Sadly, for a lot of Americans the latter is true. In fact, the average US adult spends $1,497 a month on nonessential items, according to a recent survey conducted by OnePoll. That’s roughly $18,000 a year on things we can all do without. The survey revealed that the average person spends about $20 per month on coffee, as well as $209 on dinners at restaurants and $189 going out for drinks with friends. Survey respondents said they spend an average of $91 per month for cable, in addition to $23 for streaming movies and TV shows. Music streaming services averaged $22 a month, while other apps added $23. Even the cost of health club and gym memberships was significant, averaging $73 a month, including classes. One interesting finding was that Amerians make an average of five impulse buys per month – for a total of $109. But, the irony is the majority (58 percent) feel there are other important things they …Read More »
  • Riding the Wave for Financial Success

    Riding the Wave for Financial Success

    This post Riding the Wave for Financial Success appeared first on Daily Reckoning. In a column last week, I mentioned that my daughter was participating in the USA Surfing Championships. Well, I’m happy to say that she made the final for her age group and got invited to join the USA junior Olympic development team as well. Of course, not everything went perfectly. During the early part of her final heat, a massive set of waves came through and detonated on her and another competitor. My daughter had to duck under wave after wave, losing a lot of time and a lot of energy in the process. Good thing she was wearing a leash – a rubber cord that connects a rider’s ankle to a surfboard. In the earlier days of surfing, there was no such thing. Your board just rolled and tumbled to shore, often getting crushed on a reef or rocks along the way. Of course, plenty of old timers – and some younger traditionalists – continue to surf without leashes. There are some functional advantages, especially if you enjoy moving up and down your board a lot. And there are also some philosophical reasons as well. In …Read More »
  • The Truth About Brain-Boosting Supplements

    The Truth About Brain-Boosting Supplements

    This post The Truth About Brain-Boosting Supplements appeared first on Daily Reckoning. The signs of memory loss can be scary: misplaced keys, forgetting where you parked, a task you suddenly can’t remember, repeating a question over again that was just answered. Five million Americans are estimated to have Alzheimer’s disease and related dementia, according to the Centers for Disease Control and Prevention – a figure that’s projected to grow to 13.9 million by 2060. To date, there are no drugs that have been shown to prevent or reverse diseases like Alzheimer’s, which is leading many people to seek out questionable treatments with false claims. One AARP analysis on spending found that 50-plus adults spend more than $93 million a month on six different supplements marketed for brain health. “The people taking these pills are spending between $20 and $60 a month and flushing dollars down the toilet that could be better spent on things that actually improve their brain health,” says AARP Senior Vice President for Policy Sarah Lock. Study after study seem to reveal the same conclusions: there’s virtually no good evidence to suggest that brain health supplements can prevent or delay memory lapses, mild cognitive impairment, or dementia …Read More »
  • 2 Reasons Why Your Refund Isn’t as Big as You Thought…

    2 Reasons Why Your Refund Isn’t as Big as You Thought…

    This post 2 Reasons Why Your Refund Isn’t as Big as You Thought… appeared first on Daily Reckoning. Are you accustomed to receiving a fat tax refund from the IRS… money that you often use for a summer vacation or to save for a rainy day? This year, though, you might’ve gotten a smaller one than expected. Or worse yet, you may have had to include a check when you submitted your 2018 return. You’re not alone. According to the IRS, the average 2018 refund check for early filers was $2,640… 16% less than in 2017. So why were so many caught off guard when the tax overhaul had promised relief? Two reasons… First, the Tax Cuts and Jobs Act (TCJA), which became law last year, lowered the rates for five of seven tax brackets. And the IRS changed its withholding tables to more closely match the amount owed. So rather than withholding the same amount of tax as they did from your paychecks in 2017, your employer took out less. That means your refund may not be as big as you expected because less tax was taken out of your paychecks and you got more money throughout the year. Second …Read More »