About 15 years ago I took a big risk. I left a really comfortable life to pursue a bigger dream. I had a job I liked and was good at, a decent amount of time for leisure, and enough money to get by.
We all need to take a break and have fun now and then. Some call it a vacation, others call it a trip, travel, or holiday. Whatever you call it, we all need to hit the pause button on daily life and get away now and then.
Personal finance is often made into a complicated topic. Gurus try to sell you their products promising riches if you just follow their system. One “money expert” says you’ve got to do this while the other expert says do that. Inundated with information, many people get overwhelmed, say they’re “no good with money”, and give up.
I’ve noticed something in my neighborhood and other areas of town in the past week that I’ve never seen before. Today is November 16th, and there are Christmas decorations already up. Not just a house or two, but several houses.
I used to finance cars. I thought that’s what you did with cars, so I followed along. I really didn’t think twice about it to be honest. I’ve changed my way of thinking over the years though.
I was talking with a friend of a friend a few weeks ago. He and his wife both work good jobs and make a decent salary. They’ve got a couple young kids not quite school age yet. Let’s call them Sam and Trisha.
Most people equate shopping to buying things like clothes, cars, and electronics. It’s exciting, fun, and cool. When people think of saving and investing, words and phrases like “boring”, “long term future”, and “I’m becoming my parents” comes to mind. The future seems so far away, while buying cool stuff is right now.
I read an article this week about a young guy who became a millionaire only a few short years after being broke. He was disciplined, worked hard, and spent wisely. He focused on reducing his spending and finding ways to make more money. It was a great story of how fast someone can turn around their financial well-being.
Everyone has to start somewhere. Take a basketball star for example. He wasn’t born hitting game winning shots in the NBA Finals. He first had to learn how to dribble a basketball, shoot, pass, and play defense. He played in youth leagues, summer camps, and probably took thousands of extra shots on his own.
In my opinion and experience, having the right mindset is one of the most critical factors to success. It’s the foundation of our actions; it all starts with the way we think about things. Henry Ford wisely said: “Whether you think you can, or think you can’t, you’re right.”
Why do we so often optimize for money over time. We almost always do it, but why? I know I’m guilty of it. Time
Retirement is often talked about as the Holy Grail of personal finance. The end game where you’ve “won” with money and no longer require an
Yesterday morning, there was a ton of traffic on my normally short morning commute. The accident causing the delay had just happened, so emergency vehicles
You don’t have to reinvent the wheel to be good with your money. I like to look in unlikely places for guidance. Ever notice how