Lessons from the 2008 Financial Crisis

The 2008 financial crisis wiped out 40% of Americans' wealth overnight, but it taught us

the most valuable lesson about money that schools never did. Here's what changed

everything. Before 2008, people thought homeownership was guaranteed wealth. Then millions lost

everything because they didn't understand one principle: diversification. The wealthy knew this from the Great

Depression in 1929 when single investments destroyed fortunes. Fast forward to today,

you have tools your grandparents never dreamed of. Apps let you invest with five dollars.

Index funds spread risk automatically. Roth IRAs grow tax-free. The game changed, but most people

still play by old rules. Start with 10% of your income into a diversified portfolio.