Category: Save
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How exactly does luck lead to success in business and investing? How do you measure your luck? Let’s talk about that. 💸 “All of us are gifted with certain passions, and the people who are lucky are the ones who get to follow those things.” Jeff Bezos You and I have both said those words before. “I…
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Why do we convince ourselves only rich people can afford to save? Let’s talk about that. Unlike you and I, rich people believe they deserve to be rich. The biggest difference between the wealthy and the poor in America is mindset. Rich people go to private schools. They have drivers, nannies, and cleaners. They get…
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When it comes to spending we constantly worry about the what. But what if it’s the why that matters? Let’s talk about that. My family went a lot of unusual places. We were always travelling for my Dad’s work. Far off, exotic places, where we sometimes spent weeks. But most of our time away from…
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Do the rich actually think differently than the rest of us? Let’s talk about that. When most people say they want to be a millionaire, what they might actually mean is “I’d like to spend a million dollars.” And that is literally the opposite of being a millionaire. Morgan Housel We say we want to…
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Is your house a safe investment? Let’s talk about that. You always hear that there’s another real estate bubble around the corner. But the same financial advisors say you cant lose investing in real estate. The average American family considers their house to be their primary investment. And they better because most folks still owe…
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Why do personal finance books have terrible titles like I will teach you to be rich? Let’s talk about that. “I Will Teach You to Be Rich” by Ramit Sethi has the kind of crappy, clickbait title that turns a lot of people off. But today I want to revisit some of this bestsellers personal…
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Why are some people so bad with their money? But other people seem to fall into money every time they walk out the front door. Today we’re talking about money. For the average American, curiosity about everything economic is crushed by total ignorance. Our education system rarely covers money management or personal finances. And our parents…