Debt Is Bad, Daily Lattes, and Busting Money Myths

Money myths are pervasive, and they’re not all good advice. So go ahead and enjoy a $6 latte while we bust some of the worst offenders. January 10, 2024 [CWN_Daily](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3jY3m2ndW6N1vHY6lZ3kGVWr-Y85Mj_HQW89Sktw150mqQW11_gDq6d2scJW82dFtY4hsPDrW8b1nCR7GVSlFW2Grd7z5_mQ24W3jfbqg9gqS40W8yf1yK3BPYRVW8rhLFx3f9zJ9W4kbcpg8_wFD3N5h0xm_cYJKmW8yyY6g6THZ_NW1FcS4p6CnB3LW2xDlFV32yKR-N36SPL28HPdCW5RHFgq7pKKdqW4DgqXf6RDBhrW2VJYBV5SnQcqW8jcRC42nRk1TVY1mdf36ZcnYW1Wpc0B265XmjW6BbjHl6mJDGDf2-WMTR04) [Nancy Zambell@3x](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3l63m2ndW95jsWP6lZ3pRW7ft2Nx83-cNTW5vGF7g6cfvGGN1BXD22p1K0bW52-TXM7hSd6vW7gXk6k4P8m9sN7ctbzR_YyZqW8pxsFH7DBmxrW3GLB78588DQXW6h6DjY65mbsnW35W_c-35bRRqW9lVmZ84FpzGVW7Kq8F84kbH5JVjrZMg8CXkWgW40z9rt7XZQ6rW97CTd53NxYcNW3R5t006qwXc-W4PR2ZC5738sTW8x_szZ2_VCqWW2wMD_y3mLb2kW3T3Ch-84C1nGW6jKWLf3QSZV1N7cPFzstnbfmW1bMHfq7vd4pSW8DSQnw6TLRlcW7Kr3c58NmJq7W2SLjW07280lLW5Jf3476phB-ZW16F6Y85F8LZ_W56w3qC3b3FkqW25tw5753nmbZf7fgrhv04) How To Invest [Debt Is Bad, Daily Lattes, and Busting Money Myths](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3l63m2ndW95jsWP6lZ3mWW2bBJmq4nfDx9W4w9YTm7yzDqFW2ltv0q66-V8DW11GqsP1Rs2K7W178syD57j2YBW3Q6HJr7NFrDDW97Tn407Zm4l1W2MtSLY5mD0LFW3_3WRx45BLTdW9fW1pt78LQf-W69lWCN1xtDP1W3WK6yG266zSLW49_wkG7QtskVW73Zqxd27djWHW85pNqP71Y_GrW4GYLv_15w8xzW1TQblp6XF2vZW8YbRyC2GKgBCW62vDs-3fRqRPVrrycS1yG88CW6dvhrf6YVMPgW4kmnF-3RpXh1W6HF74s90vzhlW2dnK3K4VxSRLW2YrbRQ5mP2pWW5FHW3w9dkwjbW3TBvLp7kbjDrW8Brv4J7FkWS1VqGMVl8nZpp6W7W5lrm3Mt2KFf31_dKH04) Nancy Zambell, Chief Analyst, Cabot Money Club While you may have learned a lot about money and finance in your education, the biggest influence on how you handle money comes from how you were reared. For example, my family was on the lower socioeconomic tier. My dad was a truck driver, and my mom had minimum-wage jobs. So, money was always tight. But my mom—who handled our financial affairs—was a pretty good money manager. We didn’t have extra, but we always had a home, vehicles, and plenty of food. [READ MORE >>](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3l63m2ndW95jsWP6lZ3kLW6NzmJp2hCMdgW6XzbW28sLSrPW67KvRw8bMy-HW7FjpYh2VFj7XW8sJsBl791QJ1V5FlSm8BqJ7BN16JpqDwnrryW4V8wk-2y08NSW9hcJVh6_834GW4SBqvF241748W2n6-HX93cQwBN5bFFMFfLsjJW9h4X4Z2Tm8ktW73Q3nS3nW8stVwc0r16sBY_RW32XWxJ5572yHW5XGX6j81MXYcW3MDp0K70s4H_W3Z046M31vPQhW2P4Q1c79K3rxN3Bk1bp9Psk-W59BdYZ472k9tN8Sh01W8RBwkW77jS506FrbxMW78BFM45N6_4hW2pfdtY8RyvLgW4_vfgS2TdhVjW5JyMgg1Cyn4ZW383Ggn3YXWS7W5xtd9Q27jl4Qf5g9dqn04) [Cabot-Money-Club-round-logo_email](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3lQW2kf-MJ85g9kVW8WxG1G2-r-6CVc6qql5hc7pyW4X36w28sZkZHN70mpX4hK-SZW4WrCHq2WwsXjW5XF2J24Qxz8-W6SwwVT8R0x3jW69j7c_5dbnZTMtvTGr_50FdW5Mjvvt3nlFqLW8RjszY8lY00gW5HvRH14W3YcHW4W1Y496P1mHQN2F1rL9f71jYW6jYt5r6WCBH1W8wKVNz89KVNGW1qN_Fy8N-RpSN99LJKYR1J-1W30tV3856XyGTW3H-pzS8vtkZKW3pM_Qs5WZ-p5Vbh_dN55G9GNW7bMsvL1LdBH0W1MdxZN8v0vDcW5_vf9b1Dvgc_W8t-LTF9462mcW7FZQxd7_4zTHf1qJ4K-04) [Essential Investing Advice for Achieving Your Most Enjoyable Retirement](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3q7Vv1QTL8F4PNgW4yswBK4cGG9RW3wcK8D6ZmxGGW3FYg725GDhDbW6NZg-j9fmFswW78-4sX6B1yD8W87WFRB10XQzzW1lTHt15SrRc2W57_X1h5kDXXjVt5-KN5dP1rQW6kPnbm7P7dGJW10-DBH7YCLWcW8VV1cG1BRB9nW8ZYn264k2NDNW58mmhW7D-JSlW5703rF1kh54-W1H5G1_9ggPGzW7-jb1r96344QW2LL51-7FmF71Vq3mz-3ZVQ0LW1kZs8_2QMDWBW8rf4WL3K4ysDW24HQ9D25BVmtW30YXqq7vpmGlW58lssx1ZxQSDW2rn4TG4fMt2WW107nNJ7m0pxsV_S4wq21ZmHNf94TnFn04) Get all the tools and resources for gaining the peace-of-mind to live comfortably now and in retirement, including a monthly magazine, Stock of the Month advisory, Premium Reports, and Investor Briefings—all with Cabot Money Club! [Learn More](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3pzN3vFRn7yDw6CW7rpTF248C9tQW4DxQl55pRxJfN7kqdccj06BBW3krPmn3b82wPW5J81pK2qq4nGN7ft_5_Gb5mcW4wlRBC20Y8b9W4Lm75M2Q4xJjW1KShdX5PB6RFW8v3MXW1ctq_wW4fd6gN75XSQzW1835944L-WrtW7lXYV61qS6VkW68DlQ38gH_SrW1dStl33gkxprW7BqsPb35qZDRW3kRw5L5Gg28FW2YJ3HL5HdsjlVhNkvd5_Q4gtW7ctLw36S2VyjW1jhZw_7tV9G5W8plsr32ywSYBW46yB2G1K2LXzW2w4lVr8TzjllW5mq4Qj63H-2MW85t7QN9d3LcGW24X7vD48frCpf3lSRtl04) Tech Stocks [3 Solid-State EV Battery Stocks with Game-Changing Tech](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3nVW4g1m_v5r4-4bW2Vd4C83MGB2TW2CMcvt5SnPG9N8X7hdt7zskFW8LMkm67xDmFcW67Sqwl51JHz5W5cRNbJ1ZS0z2W4sF2rn2Q3SPdW23b3Bs2VHm5KVdJbMs6tXY5sW8hYwSC6V3fMRW1vdHsk2zsnRPW4CGJ6V30z0M6W3_0-rS4NVKL_W96xRLF3Ns_9ZW8l_9Gf90zqnQW8gCsDG6HPHN_W3Jf0xB1PXJF9W7Zdr6K6G5M9WW8js-xs7yq5MKW4zH5dY3J9gTgW52TV4431XksFW4bZkg984-GzJW1kXLbQ39Ws2tW3fPrrG91lCL8W1_H-p63nc6pZN8LnzCMPBxBHVdzvMH3rlG5Yf2-gFzn04) Carl Delfeld, Chief Analyst, Cabot Explorer The progress of electric vehicles (EV) in the global marketplace is primarily due to the evolution of EV batteries. A decade ago, the price per kilowatt-hour (kWh) was about $1,100 while today you can buy a kWh for just under $180. Over the next decade, some expect this price to decrease by half. [READ MORE >>](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3mNW2YYR457yMsqnW5BtqHY8s2W8NW6m5vMN5-HRmQW8h6vnj1bRWTXW8FbKRB50NllbW2j55ZC37mwfCW7z8fmf117DWFW6rs0nY5Cdh57W111Gn_7mH2W1W3RYHsp4sFCcmW6766TN4g5-qHVCsZLr9h48rwW6B98kp9g1b6RW47b27H8Wk9z6W70sk3Q8xw4kvW2VXnlv95NlvsW2Zrqdd8wFfZyW8mVN1b6TXfmmW5J0SJw9cB4-fW50w25x8YwPwLVS2LCW6fCcB_W41DgSc9d96_LW49KWqm1K69LTV6f2dY2H0CVQW6Pnv3Q8zy6RfW1N3fC41chlW9W5rgpQ687mHvVN2vj5dCcCwzqf1kSvyl04) [1246852_NewsletterCovers-Generic-V6_122021llv10](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3kJVxwzt461N5yLW5D084J7GvZQwW2fdnP94whYbsW2zsC7G8wfklsVj_cdf5Btzb4W6YvG3B5kJDFTW40tVkF589bmVW2qk9Hf3FFSQWW7yJC-H4RRcYSW8tDlCj8wHN58W3hk4rK4cl-FPW3rM0hT4lzMPjW79vFyM4pPTLLW3VVNfw9kg6D-W8kNv-F3zB78TW69_b2w5h_dsfW8K5jzy1jbwjgW2W0Zsj4FzfzmW7kJL434mylvLW59b7bd11XCZrW470J-m103Bp7W90gRyl5HqF4CW5tnXcS213_NTW3yS1Ng6JDkMTW6Nw4_b3J8plsW4Mx-K466XgCCW35Yst07JJHfzVYM5jW2CzK5Wf8slNfg04) [Buy World-Class Companies from All Around the World](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3m8W40PfM92ZnshbV7Jj6p4Lvx7FW45tjCQ3Sy9LQW2MffJb3gzMlcVPqTK436-0CfVJV3bG6lFYKzW2dK1nQ2R3q14W4tgpPC7mwfB7W7R29cB7tSylDW90cQq62Rl0jVVbZnmN1Xk6ssW64zvXM2520RsN4-gwkqrgp-CW57hZ1J912cQDW20Cj1G1YrDF3W3Wc69J4GpxYcN9k7FrXmNWWxW11PyM_3V2McfW5kwPtS6n759wW5ZW3gQ39mr6JW8pK6Mf1NNP84W644DDQ51RjkZVTz43N71lg3CW6bt9D87C7frNW3qycQ_13Jw2bW8mvj914B97zjW4DKt3P2JYdprW217KWl653YvYf7gJNDg04) The philosophy of Cabot Explorer is simple— there’s always a growth trend and bull market somewhere in the world. Chief Analyst Carl Delfeld follows global trends and finds ideas with the potential to deliver big. [Learn More](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3mBW7P5XFM2R5vN5W65rJR44FscqvW4tSNlf4b3sGDW8hDNYY4ZTgSCN6RP1DgxMYHCW1NNb976w5zCqW7mQ9lD24qM2zW1LwBtt4gxJt9W5X0ZxG5rQhSZW6dD4Tf2Mdbx6W29cndq604HFZN3jQJ8MZZZmnN6bfRNR1kGZQW4LRvcL8-wf1XW89bzDL51NPdxW7H__sl16nb01W7mpkvC8rzLM1W20RMKL8XwjDfW1PZVlF94yTtqW1Y-VkR551D5KW6Gx1Rd8wJYQHW7YLYCM5hH1b9W8_Cz348TyNwCW82Y7DG3LQ0rRMFN318jM1V8W2pMGrB60tp0hW92CW7S8skyMFV63_8T8x2XNDf6lsGqj04) Stock Market [How to Start Investing in Stocks Today](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3lfW4TRY384BPnGbW2lv6X23_0pzjVzccxb7yqwWbW5jfQyQ8MQ10HW5wvq6t5hrFthW5hqMvs12GHXNVKg8LY8SdyMVVq_-JP1gQ5-9N5qTw5Sc_WDTVHMb8n326Nx4W98sqJx1g0RTMW4Mdzhd8nhGrwW3gL2b28Wx-80W6gPrXh1g4KZZW8lFjW879DgrrVnCcgZ14Qf_kVFyy5y3gvcGvW6S-PvX6kSzfCW59Pqcf1LGK0_N5kQxdvlDCvZW61vfQZ7PFf40W8X5-QG1j1ZP0W2LvM3T5ytK0XW2D3VYq8n5ZsGW90GTSk83G9VTW227y7B8Pj8wMW1Vwk_G6X41WTW5vQc4c54FJxnf89HwjH04) Brad Simmerman, Managing Editor, Cabot Wealth Daily Here at Cabot, we pride ourselves on our in-depth coverage of the best growth stocks, value stocks, income stocks, personal finance and more. However, that coverage does presume that more casual readers already know the basics of identifying a stock, working with a broker and how to trade a stock. So today we’ll offer a primer that will answer a more basic question of how to start investing in stocks today. [READ MORE >>](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3q7W7vn38p4LCXg6N5hGjcm3497tW4CHFJn80gMk_W8Rsjzn98QtD_W3HFJ6L16DRG3W8C9x8m6Q9ph0W973jRf5X9mXpW5j6NhB1x9p_tW8vzbcR6X-VPvVSrD_63YTmj2W6vh0_P82Xgq_V8TlgP5nWZClW4cb15p9kkp9-W6rbn1x4j9Pr4V59HZR3XBVxXW6m3Z8r4r8SX9W650rvR7QMJ_1W7sRwwD8nlvlbN6LLYvLNhMLhW87TDgX30XV63W3N4bwY81V5X_N59KL3lwX1DtW1CpbQL5sv_grW7zmMNv5Rw8hQW1wTDr65WlRwfW5LKmm56zbZyBW4-2Gqc6Chpk0W8H9Qw22YV2Z5f2bbs1v04) Upcoming Event 113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3nZW5DzKmJ1gtvJ9W62ZXCk8MwQcpW4qpTLH34XYLQW15DQtW2S3VYQW5KK20c74-lC7W4Xhnf88L0bZsN1ST_mQWZnXbN120FGTMsdbrW2njVPM5T2tyPW8tjt0P8fn4p9W8QYrHc4TRFxzW4N135N4vZBcrW1Hy7R546sCZNV7DtJb4wP0c1W2n0WFm705F6SW6kzTfg1Q9f85W1ZmqS82Hq9BjW2Tp4L-4S2sKQW77cY_C119JHHW477n-p3WcTDZW3h5LKk60bFwkW3XnRVf7l72zgW4qxdpg3wmxp2W7xWz683MN9m4N408-c8CcNwNW58BHWz1lh2J3W6lZCCq549JnlW83yzpv9fwWfsf27qZTC04 [Claim Your Seat](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kR3m2ndW8wLKSR6lZ3lLW4MV1c575n5JwW540jgt23vtNkW2Y01wQ6kpmWYW5sybKx2LnFCXN8lcZWz96ks7W96LrVr1L6SrVW80b1fq4k-ST-W2k52Hg4x3rstVNx_fR69CPSHW6Sfyps6JMQZzW4bHh0C6wpdHpW73MpyC3ZvjpVW6-6zcd7svDlFW4Z130X20r2ThW7VD0dv3k9269N5BzYnGw_lcnW1QylKX7GMMVSW98KXFr7vyMhXW8HhJvP1RDzBVW5XmX2T7cjXNKW4byC3r6D02lwW4vfDfM5lN4c2W5D_Flg6W_w7vW3PC-Yd2rRbPmW1JN8j28j5ztBW30dyLN6b60zkW2qcgDn1wxbw4W3LpFrT2FnxT0f5-HPgH04) [Facebook](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3jY3m2ndW6N1vHY6lZ3mpW5nq_8431S2MJW6WSNpL7wcjbRW8mPRmd1BHDsGW7jjV6p4NTthKW8v8Jlh4STykRW627BXl8P4HlKVP3kCz2fvHrfW1v4qM17pVGDMW7j9V9R2B7qbsW6Sx3K08NVKF_N1fnlfnN1tctN3Zv7X3L6L7ZW1nzPns527kcsW1rMGLJ6y__91W4vt1SD685rRVW7KH0rB5vRqPdW7dPyZw9lRhXpW2yf3XF7PmHfcW13xDdq5st57_W8g006W53jMbwW6MBSRn5HVD-XW7t06zp1wrcL4f92szGK04) [LinkedIn](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kx3m2ndW7Y8-PT6lZ3lGW23YTFZ16KHDQW3Y6WD81sphjmW2C4H1_2dWsDsN68Nv6PKVdd0W7Dwp2v7w3XG8W39-vvP2VXxzMM2Jp2Mx_6ydN6lXRM7_Y2t2W8dhjH_39d9lDW8K471k16hQ-ZW67D1Bn7LJxwxW3wmsls6jyLGwVN6z8b6-P1HSW4hC0hM72wpL9W5vPKd78XXl0LW8j890k606zDPV9n2GB3qX22gW3kgQL67qW72ZW8qJDbj6SSnX3W7MYcYh267-vSW16KZKs88cgk-N4_WJ6tyVRVnW9fX8-D23HL8NW7C1sFg5-RYJTW7Q4jcV1jj8tgW72zn2t7JXVXkdwcGSz04) [Twitter](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3jY3m2ndW6N1vHY6lZ3m5W5G8Dnl8jw4jDW5520dt43g42nW7yB9Bj4BBFpRW7B7x2D6yxQ6sW4R1SvC1ZfQqGW1Xv9_K4PSLQMW37d0XZ4zQTntW3ghWB68h2-TZW25zsl589c9WDW6Mgxxn4jGc3qW4Sgl6p3lff4cW3CgrYf5PyMfXN9h4f57KX-V_W7dGD607tfBdYW1tMZ5Z43wxNFVL-JZ28dJ7V5W7kHzkH8WS4nSW10CB0R2TWwVKF4gq6pfm19kW2SbM3z8NtqdDW7DMY8Z2Xsqc5W8YN2pn4pBQrwf8FWVxx04) [YouTube](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kx3m2ndW7Y8-PT6lZ3p1W6994-Z3Vvmp8W7MXGKd2hq01SW1tz4hc7JpB2yN8s94KvbXMCzW7HV40R7sbMPTW5Ns0Nv9dv8GcW7fTQch1g1XxpW3Mk9MN3WQgJzW4rMKGB7gTqVTW4Sw8wJ5kKPpTW3R63N22lGg3XW5Qrtwd2p4DrrW1sY0Hz2j9RvJW5bfwxl6gDSYgW8pTcY94Gz3H8W3cfF9_7LNrwqW8MjkxH3JL4PWN3kMfwL2g18zW5bJ0pX6N2vslW4xm2s-2Kn0C-W40w4r147dL48W2krv-535RWKSW4FFzTr3lp0npN5VhKzDwkD1BW1Tb2Cr2YF76FW4Qz78d9b6P90f1qzY9204) [Podcast Logo](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kx3m2ndW7Y8-PT6lZ3mMVFk07R3QpQyrW4y4vbC8jT0XRW697jjc1TVsgZW80Mp059h-Sp7N33YQgghR0dhW6b8Dx48yrYCfW21-wmm3BQjZpV7-mvX8_rVLpW3GgPq43HslQtW5f_q5J3RTmWfW4H51Pc1DDx5jN5YF-My7R7pYW3KrggQ1xyqPyN5F9_L82RGL6W7FBvB82M3mwkV5dx9T2MNN35W1cXpJ8377885W8SC7LQ8S2ClhW1rhJ2n4jFgJqW3_88D_2Bb-sqW4WW7CZ8xcpBxW36ChQB2rk5qvW2D3gBz6y2YCZW8V2pqJ2g03tSW1F0xjP4Q-TTzW3_PS-z3518ghf6bMW7K04) Neither Cabot Wealth Network nor our employees are compensated by the companies we recommend. Sources of information are believed to be reliable, but are in no way guaranteed to be complete or without error. Recommendations, opinions or suggestions are given with the understanding that subscribers acting on the information assume all risks. We value your privacy and will not sell or rent your email address to anyone. [View our privacy policy](113/d2zn7704/MVqyz1-fwL5W9dBJzP6G5H6GW1HN78y585LpYM5Y3kx3m2ndW7Y8-PT6lZ3kxW71zlv23tW_-8W5R_--v4T-hH2W7PCWTx2QR89VW8_6sbK3qbbl6W2h6h6j6q5--VW3LfT5k7RmVFSW6C9cvW6CC46bW1_kp7247XM85W1D1r5Q2pShKkN8sYV3NW6LG6W2cPzGy1WGZ5qW3rlYS-3MQDDJW2x2W9W6ZLpPnVJX5Lh9jFPw4VBcswy30d0ccW1yfQCQ1tSBBYW94tf-z8lJnPzW7Jv28Z4jsZN_W6k0GyD3zpmZVW5hZ17d6KcvxWW7BWFKC7Z2VS3W6XjR436b29pZW6gqFwK271-bqW5wJ3WT6NtDbwW3N82pW3q5GJGW2jBqHX2C6ScFdSL_qW04) Copyright © 2024 Cabot Wealth Network Cabot Wealth Network, 201 Washington St. Ste 215, Salem, MA 01970, United States, (978) 745-5532 [Unsubscribe]( [Manage preferences](