This is the third and final post in this series where I discuss the most influential events of my personal finance journey. I like to save the best for last so today I’m discussing a book called, “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy,” by Thomas Stanley and William Danko. 🙂 The Millionaire Next Door… Read More »
Understand Why You Invest Before You Invest There should always be a goal, or objective attached to an investment. But not all investments require them to have the same goal. Here’s a list of some objectives, and how they’re different. Investment Objectives Capital Preservation – To seek maximum stability for our investment by investing in assets that are associated… Read More »
The Debt Free Fallacy The mainstream concept of debt creates unnecessary anxiety for people. Innocent consumers are made to believe that if they maintain a credit card balance then that’s somehow a terrible thing. They are encouraged to pay this off as their top financial priority. But that’s a load of baloney. In reality there are often more… Read More »
Living on $29/week I thought about becoming a food taster once, but decided not to because I didn’t want to have too much on my plate. ? Most wage earners get paid either once or twice a month, but we generally have to eat food everyday. This means learning how to budget our grocery bill is an important skill to have. For… Read More »
Breaking Through the Mental Barriers For most of humanity the world believed that it was not physically possible for humans to run a mile in 4 minutes or less. This was a universal belief because the challenge had been attempted by athletes across many generations throughout human history but no one had ever succeeded. 🙁 But then something miraculous happened in 1954. A man named… Read More »