GROW YOUR FUTURE

Most young people have no real sense of how long a working career actually is. When I speak to high school students, I tell them something that always gets a reaction:

As you begin managing your own money, there’s a new concept you’ll start hearing about: your credit score. It sounds technical, but the idea is simple. A credit score is a number that represents how reliably you handle your financial responsibilities.

Inflation remained moderate in July, with the CPI rising 0.1% for the month and 3.4% year‑over‑year. Core CPI (excluding food and energy) increased 0.2%, reflecting steady underlying price pressures.

Nonfarm payroll employment fell by 23,000 in July, and the overall unemployment rate dropped slightly to 4.1%, showing slight improvement from prior months.

Space travel is one of the clearest examples of what long‑term investing really looks like. The rockets, habitats, and orbital systems being built today may not generate meaningful profits for another 10–20 years.

One of the most effective long‑term investing habits is also one of the simplest: Dollar‑Cost Averaging (DCA). It means investing a fixed amount of money on a regular schedule — for example, $100 every payday, 26 times per year — regardless of what the market is doing.