Age old question, do I pay low interest and zero interest debt off whilst I have the money in savings? I have zero interest card debt and 1 loan at 1.7%. Savings are at 4.5%.

What’s the future of solar technology looking like? Any improvements on efficiency on the horizon?

[deleted]

do you think the CPI is a reliable indicator of inflation?

I would assume that the goal if for your son or daughter to graduate from college. While most financial planners love to do a "tuition gap analysis" (how much will the university of your choice cost in the future vs. how are you saving now), you should consider other things to give your child a higher probability of graduating. Things like paying attention to their current curriculum, their grades, their level of self-esteem, your engagement with their teachers and school make a big impact in your child's future. As for savings, look into your states 529 College Savings Plans. Look online for a free College Calculator to also prepare to save for their future tuition costs.

Most certainly -- every energy technology has its downsides. With solar and wind, destruction of wildlife habitat can be a big one. I wrote about that here, in a story about America's largest wind farm, currently being built by a conservative billionaire in Wyoming: https://www.latimes.com/environment/story/2022-08-23/wyoming-clean-energy-california.

That said, it's definitely possible to limit the damage. Also wrote here about research looking at the best places to build solar and wind, with the least harm: https://www.latimes.com/environment/newsletter/2022-10-06/solar-and-wind-farms-can-hurt-the-environment-a-new-study-offers-solutions-boiling-point.

Also worth putting into context that the environmental (and human health) damage from fossil fuels is far, far greater than anything from renewable energy. I looked at some of the research on that point here: https://www.latimes.com/business/story/2021-10-05/huntington-beach-orange-county-oil-spill-fossil-fuel-environmental-health-harms.

Hope this is helpful. Thank you for the question!

[deleted]

Hello, and thanks for this AMA.

Speaking of "the difficult choices that must be made to ramp down climate pollution", and given the current concerns about water and land usage in California, does any of your reporting (or that another Los Angeles Times journalist) focus on the unnecessary environmental damage caused in the state by the animal agriculture industry?

Moreover, can I ask for your take on why almost no media outlets cover what should be one of the largest stories in our society; that of animal rights, or the lack thereof? Ironically, it's tabloids like the Daily Mail that do the most coverage of these topics because "vegan activist does X outrageous thing" gets plenty of hate clicks, and occasionally they give quote one or two sentences from said activist.

Having to work endlessly without having anytime for family, your mental, spiritual and physical health is a terrible thing. We weren't meant to do that. The goal is work on creating more value to be able to earn more to be able to support your lifestyle. The show I am currently - Opportunity Knocks on PBS with Jean Chatzky an Pratrice Washington is a great way to see how certain families were able to do that. You can go to www.opportunityknocks.net to stream the show.

Are there any negatives with solar and wind energy, and if so, what are they?

From your perspective are CEOs lying about the reasons for the mass layoffs?

[removed]

What is the best way to make sure my child is set for college?

[deleted]

[deleted]

[removed]

There are countless ways to make passive income. Many have done it by creating online courses, writing an e-book, flipping retail products, creating an app, rental income, renting out a room in your home,

Hi,

Fortunately, I am a software engineer, so there was no cost to hire anybody initially. I did everything myself for about a year, including development, marketing, design, support, and coffee making. For the first 18 months I think the cost was minimal. Some hosting and tech costs.

When I needed some help I hire part time consultants from platforms like upwork and fivver.

Now that we are a fully developed and functioning app the cost do go up. The biggest costs is salaries, good software engineers are the main culprits. We do spend a small amount on marketing, but we have invested time and effort into growing the app and brand organically. Search engine optimization for the website and ASO for the app stores. The nature of the app helps us grow too as by default the users are inviting friends to bet with them. This should help us grow at a steady rate with minimal investment in marketing.

I don't condone any lying. Leaders must be truthful to gain the respect and future credibility of their teams, staff, and community they serve.

What’s the best way, in your opinion, to make passive income in this economy?

For more AMAs on this topic, subscribe to r/IAmA_Business, and check out our other topic-specific AMA subreddits here.

How do you handle business leaders lying to the public about why layoffs are occurring?

The pandamic created both a public health crisis and economic crisis in the U.S. Causing supply chain issues with China and a domino effect on many other issues.

Do you think gambling is harmful?

Looking in the rear view mirror is an easy call. Probably, but it's a very difficult decision to make at the time.