Money Lessons with Andrew Temte, PhD, CFA

Leverage and Margin Explained: The Power and Peril of Borrowed Money

02 May 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores leverage and margin — what happens when investors borrow money to buy stocks. He traces the story fr...

Preferred Stock Explained: The Hybrid Equity Security

25 Apr 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores preferred stock — the hybrid security that sits between bonds and common stock in a company's capita...

Measuring Equity Returns: The Five Metrics Every Investor Should Know

18 Apr 2026

Contributed by Lukas

In this episode of Money Lessons, Andy traces the historical shift from dividend-focused investing to earnings-based valuation, showing how mandatory ...

Dividends Explained: How Equity Income Works and Why It Matters

11 Apr 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores how dividends work and why they matter for investors building long-term wealth. He traces the history ...

Stock Splits and Share Buybacks: What Every Investor Should Know

04 Apr 2026

Contributed by Lukas

In this episode of Money Lessons, Andy breaks down the three most common ways companies change their share structure. He explains how stock splits wor...

What Shareholders Actually Own: Rights, Claims, and Protections

27 Mar 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explains what you actually own when you buy a share of stock. He explores the concept of the residual claim —...

Stock Order Types Explained: Market, Limit, and Stop Orders

21 Mar 2026

Contributed by Lukas

In this episode of Money Lessons, Andy breaks down the three fundamental stock order types every investor needs to understand — market orders, limit...

How Liquidity Affects Stock Prices

14 Mar 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the mechanics of stock trading, focusing on the concept of liquidity. He explains how liquidity affect...

Building a Bond Portfolio: How to Put Your Debt Knowledge to Work

07 Mar 2026

Contributed by Lukas

In this episode of Money Lessons, Andy wraps up the fourteen-episode debt securities series by exploring how to actually build a bond portfolio. He co...

How Bond Duration Affects Your Investment

28 Feb 2026

Contributed by Lukas

In this episode of Money Lessons, Andy introduces the concept of duration in bond investing, explaining its significance in understanding how bond pri...

What Bond Markets Reveal About Economic Health

21 Feb 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the concept of the yield curve, its various shapes, and implications for the economy and investors. He...

The Dark Side of Credit Ratings: Three Failures Every Investor Should Know

14 Feb 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the failures of credit ratings through historical examples, including the Penn Central bankruptcy, the...

What Are Credit Ratings & Why Do They Matter?

07 Feb 2026

Contributed by Lukas

In this episode of Money Lessons, Andy discusses the world of credit ratings, explaining their significance in the bond market. He introduces the hist...

Why Some Bonds Pay More: Understanding the Risk-Return Tradeoff

31 Jan 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the landscape of bond types, focusing on the reasons behind varying yields. He discusses Treasury bond...

Understanding Bond Yields: Measuring Your Return

24 Jan 2026

Contributed by Lukas

In this episode of Money Lessons, Andy discusses the concept of yield on bonds, explaining their significance in evaluating investment returns. He bre...

Greenland Could Cost Us More Than We Think

19 Jan 2026

Contributed by Lukas

In this SPECIAL EPISODE of Money Lessons, Andy discusses the implications of the U.S. government's interest in acquiring Greenland, arguing that such ...

Bond Mechanics: How Bonds Actually Work

17 Jan 2026

Contributed by Lukas

In this episode of Money Lessons, Andy discusses the world of bonds, explaining their mechanics, pricing, and the INVERSE relationship between interes...

The Modern Bond Market Takes Shape

10 Jan 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the evolution of bond markets from the aftermath of World War II to the present day. He discusses the ...

A Slow Motion Collapse and Bond Market Regulations

03 Jan 2026

Contributed by Lukas

In this episode of Money Lessons, Andy explores the historical context and implications of the bond market collapse during the Great Depression, the s...

Corporate Bonds - The Promises Corporations Must Keep

27 Dec 2025

Contributed by Lukas

In this episode of Money Lessons, Andy explores the evolution of corporate bond markets, highlighting their historical significance, the role of credi...

The Implications of Government Debt Default

20 Dec 2025

Contributed by Lukas

In this episode of Money Lessons, Andy explores the complexities of sovereign debt, focusing on historical examples of nations that have defaulted on ...

Sovereign Debt: Financing Empires

13 Dec 2025

Contributed by Lukas

In this episode of Money Lessons, Andy explores the evolution of sovereign debt from its early origins in ancient Mesopotamia to its transformation in...

Ancient IOUs: The Origin of Debt Instruments

06 Dec 2025

Contributed by Lukas

From Trading Floors to Smartphones: The Democratization of Investing

29 Nov 2025

Contributed by Lukas

This episode of Money Lessons with Andrew Temte explores the evolution of equity investing, highlighting how technology has transformed stock ownershi...

The Mutual Fund Revolution

22 Nov 2025

Contributed by Lukas

** News Flash ** The Saturday Morning Muse is now MONEY LESSONS with Andrew Temte, PhD, CFA! Since the beginning of 2025, the show has been focused on...

A Crash Sparks The Rise of Market Regulation

15 Nov 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of financial markets, focusing on the investor optimism of the 1920s, the catast...

The Ticker Tape Revolution

08 Nov 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of financial literacy and the impact of information technology on stock trading....

Railroads & the Rise of Middle-Class Investors

01 Nov 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of stock markets, focusing on the democratization of equity investments through ...

Chaos at Jonathan's Coffee House

25 Oct 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of equity ownership and stock trading from the Dutch East India Company to the e...

The Dutch East India Trading Company

18 Oct 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of financial markets, focusing on the innovations of the Dutch Republic in the e...

The First Equity Shareholders

11 Oct 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the historical evolution of stock ownership, beginning with the Roman Publicani and the Veneti...

Insurance for Everyone - The Democratization of Risk Protection

04 Oct 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of insurance and its democratization in the late 19th century. He discusses how ...

The Birth of Modern Insurance: Lloyd's Coffee House

27 Sep 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the origins of modern insurance, focusing on Edward Lloyd's Coffee House in the 1680s.  He di...

The Ancient Art of Risk Sharing

20 Sep 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of insurance, tracing its origins from ancient civilizations to modern practices...

The Dark Side of Compounding

13 Sep 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the dual nature of compound interest, highlighting its potential to build wealth while also re...

Unlocking the Power of Compound Interest

06 Sep 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the concept of compound interest, its historical significance, and practical applications for ...

The History of Compounding & Compound Interest

30 Aug 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the concept of compound interest, discussing its historical significance and mathematical foun...

The Many Faces of Return: Understanding Investment Performance

23 Aug 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy delves into the basics of investment returns, emphasizing the importance of understanding different typ...

Understanding Inflation: When Money Loses its Power

16 Aug 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the concept of inflation, its historical context, and the implications of monetary policy on e...

The Moral Dilemma of Interest

09 Aug 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the historical tension between the moral objections to charging interest and the economic nece...

Interest: The Price of Money

02 Aug 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy discusses the concept of interest, exploring its fundamental role in economics as the price of time. He...

The Birth of the Banknote

26 Jul 2025

Contributed by Lukas

In this episode of the Saturday Morning Muse, Andy explores the introduction of the banknote by the Bank of England in 1694, which revolutionized mode...

The Medici Bank: A Banking (r)Evolution

19 Jul 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the evolution of banking from the Knights Templar to the Medici family, highlighting key innov...

The Crusades, the Knights Templar, and Modern Banking

12 Jul 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy explores the historical roots of banking, tracing its origins back to the Crusades and the role of the ...

What is a Bank?

05 Jul 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andy Temte explores the evolution of currency from promissory notes to modern fiat money, emphasizing the ro...

The History of Paper Money

28 Jun 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte explores the evolution of currency, starting from ancient Rome's coinage to the introduction of...

The History of Money & Inflation

21 Jun 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte delves into the history of money, focusing on the evolution of coinage from ancient Rome to mod...

My Top Ten List of Dad Skills

14 Jun 2025

Contributed by Lukas

In this special Father's Day edition of Saturday Morning Muse, Andrew Temte reflects on the essential role of fathers in shaping their children's live...

Trust, Confidence & Money

07 Jun 2025

Contributed by Lukas

In this episode of the Saturday Morning Muse, Andrew Temte discusses the evolution of money, emphasizing the critical role of trust and confidence in ...

Those that Fail to Learn from History...

31 May 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte emphasizes the importance of financial literacy and understanding the history of trade and econ...

Money and the Origins of Debt

24 May 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte reflects on Memorial Day and discusses the history and functions of money, focusing on credit t...

The History of Money

17 May 2025

Contributed by Lukas

Summary In this episode of Saturday Morning Muse, Andrew Temte explores the evolution of money, starting from the limitations of the barter system to ...

How Trade Shaped the Modern World

10 May 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte explores the evolution of trade from barter systems to modern currency. He discusses the ineffi...

The Basics of Global Trade

03 May 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte explores the foundational concepts of trade and macroeconomics through a hypothetical economy c...

Common Risk Tolerance Blunders

26 Apr 2025

Contributed by Lukas

In this episode of Saturday Morning Muse, Andrew Temte discusses common blunders related to risk tolerance that investors often make. He emphasizes th...

Factors That Affect Risk Tolerance

19 Apr 2025

Contributed by Lukas

What are the Factors that Influence Your Tolerance for Risk? In today’s episode of Saturday Morning Muse, Andy explores the concept of risk toleranc...

Self-Confidence, Self-Esteem, and Risk Tolerance

12 Apr 2025

Contributed by Lukas

What’s the link between self-confidence, self-esteem, and risk tolerance? We’ll explore this question on today’s Saturday Morning Muse!   You c...

What's Your Relationship with Risk?

05 Apr 2025

Contributed by Lukas

What’s your relationship with risk? How do your feelings about risk affect your decision-making? Are you a risk-taker or risk-avoider? We’ll explo...

Financial Literacy Lessons - A Q1 Recap

29 Mar 2025

Contributed by Lukas

Since the beginning of the year, I’ve been releasing short lessons on financial literacy on The Saturday Morning Muse. I expect to continue building...

Wants, Needs, Habits, and Financial Literacy

22 Mar 2025

Contributed by Lukas

Is your financial decision-making on autopilot? When’s the last time you reviewed your spending habits? Have Find out more on this week’s episode ...

Is Your Mind Hijacking Your Journey to Financial Literacy?

15 Mar 2025

Contributed by Lukas

Is financial literacy all about numbers and formulas or is it more about our behaviors and how we feel about consumption, money, and investing? Find o...

The Subconscious Mind & Financial Literacy

08 Mar 2025

Contributed by Lukas

How might our subconscious mind conspire against us when we’re making financial decisions? Find out more on this week’s episode of The Saturday Mo...

Understanding Product Value Analysis

01 Mar 2025

Contributed by Lukas

How can you estimate the value of the products you consume? How do companies set the price of their products? What do the answers to these questions h...

Price, Value, and Financial Literacy

22 Feb 2025

Contributed by Lukas

How much time do we really spend thinking about the VALUE we derive from the products and services we buy? How can we use the concept of VALUE to make...

How to Improve Financial Literacy

15 Feb 2025

Contributed by Lukas

How do we improve the financial literacy of the average citizen in the United States? We start with improving numeracy literacy.    You can find The...

We're Flunking Out of Financial Literacy 101

08 Feb 2025

Contributed by Lukas

What’s the case for investing in building financial literacy skills in our population? Are the concepts of financial literacy and success interrelat...

The Ingredients for Success

01 Feb 2025

Contributed by Lukas

What do grace, competence, financial literacy, curiosity, effective communication, and good old fashioned showing up have in common? They are essentia...

Courage, Grit, Agility & Success

25 Jan 2025

Contributed by Lukas

What do the characteristics of courage, grit, and agility have in common? They are essential ingredients to achieving success irrespective of how succ...

The Foundation Under Your Success

18 Jan 2025

Contributed by Lukas

Your Personal Blockers to Success

11 Jan 2025

Contributed by Lukas

The Secrets to Your Success, Part 1

04 Jan 2025

Contributed by Lukas

Are there really secrets to success or are the ingredients to success in plain sight? This week’s Saturday Morning Muse is part one in a series wher...

Decision-Making and New Year's Resolutions

28 Dec 2024

Contributed by Lukas

Did you know we make ~33,000 decisions per day? What does the skill of decision making have to do with New Year’s Resolutions? Why do NYE Resolution...

The Power and Danger of Habits

21 Dec 2024

Contributed by Lukas

Are habits a good thing or a bad thing? How do we ensure habits are a net positive in our lives? To find out more, tune into The Saturday Morning Muse...

Self-Awareness and Challenging Conversations

14 Dec 2024

Contributed by Lukas

Welcome to The Saturday Morning Muse! How are the skill of self-awareness and the art of challenging conversations interrelated? We’re going to expl...

The Holidays and Financial Literacy

07 Dec 2024

Contributed by Lukas

Welcome to The Saturday Morning Muse! What’s one of the most important gifts you can give yourself this holiday season? Investing in financial liter...

Thanksgiving Reflections

30 Nov 2024

Contributed by Lukas

Welcome to The Saturday Morning Muse! With Thanksgiving 2024 in the rearview mirror, I’m offering a few Thanksgiving reflections this weekend.   Wh...

Don't Give Up!

23 Nov 2024

Contributed by Lukas

Welcome to The Saturday Morning Muse! Today, I’m celebrating the release of my rock band’s new album with a message that dreams can come true at a...

Essential Skills for Critical Thinking

16 Nov 2024

Contributed by Lukas

Welcome to the Saturday Morning Muse!   Today, I’m talking about the skill of critical thinking and the essential sub-skills that are needed to bui...

A Simple Tip to Improve Critical Thinking

09 Nov 2024

Contributed by Lukas

Waking up this morning in Madison, Wisconsin enjoying a brief visit with our eldest son! Welcome to the Saturday Morning Muse.   Today, I’m musing ...

The Dangers of a Retirement Mindset

02 Nov 2024

Contributed by Lukas

Well, the spooky season is officially behind us, so let the holiday season begin! Welcome to the Saturday Morning Muse.   Today, the topic is our his...

VOTE! It's Your Civic Duty

26 Oct 2024

Contributed by Lukas

Today, the topic is your civic obligation to VOTE and our collective duty to defend and protect the US Constitution.   Here’s an excerpt: “Are we...

An Epidemic of Anxiety, Part 3

19 Oct 2024

Contributed by Lukas

What can we do to help reduce overall stress and anxiety levels in our communities?   This week’s Saturday Morning Muse is part 3 of 3 in our serie...

An Epidemic of Anxiety, Part 2

12 Oct 2024

Contributed by Lukas

What can we do to help reduce overall stress and anxiety levels in our communities?   This week’s Saturday Morning Muse is part 2 of 3 in our serie...

An Epidemic of Anxiety, Part 1

05 Oct 2024

Contributed by Lukas

Is stress and anxiety holding you back from reaching your goals? Does your internal balancing act between self-doubt and self-confidence tilt heavily ...

Do You BELIEVE?

28 Sep 2024

Contributed by Lukas

Do you believe in yourself? Do you believe in the power of your team? Is self-doubt holding you back?   This week on the Saturday Morning Muse, I’m...

Employee Engagement is a Two-Way Street

21 Sep 2024

Contributed by Lukas

Welcome to the Saturday Morning Muse! We’re entering my favorite season of the year tomorrow – fall!   In last week’s Muse, I had an open lette...

Employee Disengagement and RTO Policies

14 Sep 2024

Contributed by Lukas

I talk a lot about employee engagement in this forum and about the costs/dangers of employee disengagement. According to a recent Gallup survey, for t...

Mergers, Acquisitions, and the Growth Trap

07 Sep 2024

Contributed by Lukas

Is growth for the sake of growth a good thing in business? What’s the growth trap and how is it affecting the health of your organization? In this e...

Is Bigger Always Better?

31 Aug 2024

Contributed by Lukas

The question today is this. Is bigger always better? In zucchini, the answer is a resounding no. In business, the answer is a bit more nuanced, but bi...

What's Old is New Again

24 Aug 2024

Contributed by Lukas

Is it really the case that nobody wants to work anymore? Is it really the case that GenZ is lazy?   My advice is instead of looking down your nose an...

Working with Intention

17 Aug 2024

Contributed by Lukas

Working with Intention: Self-reflection and the use of the five whys requires an open mind and a strong ego in order to challenge potential unconsciou...

My Political Views

10 Aug 2024

Contributed by Lukas

I do my best to keep The Saturday Morning Muse out of the political spectrum, but this week I will make an exception. As we march toward election day ...

Reducing Emotional Waste

03 Aug 2024

Contributed by Lukas

The sources of insecurity abound. Jealousy, unresolved failure, challenging relationships, lack of skill/education, poor planning, bullying, instituti...

My Word is My Bond

27 Jul 2024

Contributed by Lukas

A business is a collection of written and unwritten contracts with and between employees, vendors, governmental agencies, and customers. A high functi...

Grace, Dignity, Compassion

20 Jul 2024

Contributed by Lukas

How can we reduce political polarization? I fear that we are becoming anesthetized to what would be considered vicious, uncivil, unacceptable, and unp...

Writing: An Essential Leadership Skill

13 Jul 2024

Contributed by Lukas

One of the unpleasant truths of leadership is that the people who populate your organization (at all levels) are constantly trying to divine your posi...

Leadership: It's Not About You

06 Jul 2024

Contributed by Lukas

The starting point for the journey to change your culture takes real courage and is an application of courage that doesn’t get nearly enough airplay...

The Skill of Active Listening

29 Jun 2024

Contributed by Lukas

By definition, when someone is listening, someone else is speaking - either verbally, through the written word, or both. To ensure that the conversati...

The Benefits of Becoming Multidimensional

22 Jun 2024

Contributed by Lukas

I believe in bringing more of one's “whole or best self” to work. I believe that a diversity of voices and lived experiences leads to a richer tap...

A Corporate Culture Story

15 Jun 2024

Contributed by Lukas

As time passes, the business matures, growth slows, and entropy sets in. Leaders and team members pull their heads up and take a look around at the st...