When a person experiences professional success, they tend to take it for granted. Not that they don’t appreciate it or continue working hard, but that their income will continue to grow rather than stagnating or falling. This is a dangerous money fallacy, the idea that the checks will always come. People can avoid falling into this money fallacy by being mindful of the fact that good times don’t last, and by saving and investing so that the bad times will be more bearable. The good news is that the bad times don’t last, either. Read full article here
Technology
The First Solar-Powered Car Comes at a Hot Price
The Lightyear O is a revolutionary electric car powered by the sun. Developed by a Dutch startup, the four-door sedan has over 50 square feet of solar panels on its roof and hood, generating up to 43 miles of energy a day. With production now underway in Finland, the car does come with a hefty price tag at $262,000, but the company hopes to introduce a more affordable version, the Lightyear 2, by 2025. Read full article here