If you're into personal finance you've probably heard the term "financially independent," but what does that even mean? Financial independence is the ability to live off the income of your own personal resources. Those personal resources could be stocks, bonds, real estates, businesses, annuities, royalties, or any other investments. Being financially independent (abbreviated as FI) … Continue reading What is financial independence?
How often do we hear the words, "I don't have time for that." I hear this excuse all the time from both friends and colleagues. Sure, in some cases it's a valid excuse, but oftentimes it isn't entirely accurate. We all know those people who always claim to be "so busy." Ironically, I've seen some … Continue reading “I don’t have time for that…”
Make no mistake about it, I am a beginner on the FI expertise spectrum. I have an unfathomable amount of ground to cover and material to learn. Thankfully, consuming FI information has been liberating. Sure, it has helped me recognize just how much of a novice I am at this, but every article gives me one … Continue reading Increase your saving’s interest rate by 100x
Earlier this week, I received a phone call from my mom. Most of the time she calls, it's at a time I should be free, but this call came right in the middle of the work day. Because of my workload, I was unable to answer. Whenever she calls at an obscure time, part of … Continue reading Brain cancer disruption
I’m impulsive. Over and over in my life, I prove to myself (and to my wife) that my natural tendency is to act on a whim before thinking. This surfaces in different ways, but particularly often as something I call “squirrel syndrome.” For example, one minute I am sitting at the kitchen table, plugging away … Continue reading 5 Ways to punch a marketer in the …
Warren Buffett is widely considered the best investor of all time. And with a net worth of $85.5B, it's a tough claim to dispute. Warren is well-known for living a frugal life. He eats breakfast every morning at McDonald's, not the healthiest choice, but he's still going strong at 87, so maybe he's on to … Continue reading The 10 best lessons from Warren Buffett
“Why were the Mesopotamians able to make technological developments that would eventually change the world?”. It was 2004 and I was sitting in my honors US history class in my first week of Junior year. My teacher started the year off with this question, and I was already falling asleep. Meso-what? I wasn’t the brightest … Continue reading Efficiency is bogus… unless
Not too long ago, I was on Facebook reading a post from one of the few personal finance communities I am a part of. The post I was reading discussed cars, and whether or not you should fork out more dough to get a newer car in order to have the latest and greatest safety … Continue reading What is your financial blindspot?