I was inspired by an exceptional speech I heard the other day. This speech was given in 2014, so I’m a little late to the party. As I was watching it, I asked my wife if she was listening to any of it. She said she saw it when it first came out. Better late than never I guess.
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.
Lifestyle creep is arguably one of the biggest barriers to wealth building. It’s running in quicksand, spinning on the proverbial hamster wheel. Working hard every month but never getting ahead financially. There is one simple and easy way to avoid lifestyle creep that anyone can do with very little effort and time.
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.
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.”
There’s a misnomer that we need all the information to start something. Information is good, but you don’t need to know everything right from the
There’s a new argument in the rent vs buy debate. It’s that housing costs (for homeowners) are infinite, while the cost to rent is finite.
If you’ve ever read my book or blog, you know I’m a huge proponent of keeping an emergency fund. Things go wrong and it’s critical
Like a lot of parents, I’m doing my best to teach my kids about money. My wish is for them to know what I didn’t