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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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Is life unfair when you are poor? Let’s talk about that. There are a million books and advice columns on how to get healthy and wealthy, all telling you to work harder. To boot strap. To niche down. To bank on bitcoin. But what if the odds are stacked against you? In The Unfair Advantage,…
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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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What if life is a video game, but you’ve been playing on easy this whole time? Let’s talk about that. The vast majority of people greatly overestimate their abilities. This is pretty well known among among behavioural scientists, psychologists and data nerds. It’s even got a nifty name, the Dunning Kruger Effect. What happens when…
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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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Do you worry about your financial future? Do you feel overwhelmed by the complexity and unpredictability of the stock market? Do you wish you had a simple and effective strategy to grow your wealth and achieve your goals? Let’s talk about that. Time tested, or washed up? I’ve been rereading learn A Random Walk Down…
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20 years after publication, has Tim Ferris’ The 4 Hour Work Week become an overestimate? Let’s talk about that. Tim Ferris has always been ahead of the curve. Whether it’s angel investing, podcasting, or predicting the rise of the gig economy. Tim was a digital nomad in dial up age, and built a billion dollar…
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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…
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You probably live live pay check to pay check. Most Americans today don’t save one dollar. Let’s talk about that. Nothing. No savings. Zero prospects. A job that feels like pulling teeth. Your number is $936 a week. Before taxes. That makes you average. Some of you are saying shaking your heads because you make…