๐ช๐ต๐ผ ๐ถ๐ ๐๐ถ๐๐ต ๐บ๐ฒ?ย ๐โโ๏ธ I choose to believe that the future will be better than the past. We live in a world where far more people wake up in the morning, trying to make the world a better place thanโฆ
You are rich! Richer than you might think. You don’t think so? Then think about these questions.
Many people: โOnce I hit a certain level of net worth all of my problems will magically vanish.โ Reality: โNope!โ What if I told you that achieving that long-term net worth goal you’ve always dreamed of achieving probably wonโt bringโฆ
โ๐๐ค๐ง ๐๐ซ๐๐ง๐ฎ ๐จ๐ช๐๐จ๐ฉ๐๐ฃ๐๐, ๐จ๐ข๐๐ก๐ก ๐๐ค๐จ๐๐จ ๐จ๐ฉ๐๐ข๐ช๐ก๐๐ฉ๐, ๐ข๐ค๐๐๐ง๐๐ฉ๐ ๐๐ค๐จ๐๐จ ๐๐ฃ๐๐๐๐๐ฉ, ๐ก๐๐ง๐๐ ๐๐ค๐จ๐๐จ ๐ ๐๐ก๐ก.โ – ๐ผ๐ง๐ฃ๐๐ฉโ๐๐๐๐ช๐ก๐ฏ ๐ง๐ช๐ก๐ (๐ฅ๐๐๐ง๐ข๐๐๐ค๐ก๐ค๐๐ฎ) Itโs a loose rule, not a law, but it applies to so many things: Debt, ambition, networking, exercise, caution, & money. ๐ ๐น๐ผ๐ ๐ผ๐ณโฆ
โ๐ป๐๐ ๐๐ช๐๐ช๐๐ ๐๐๐ข๐๐จ ๐ค๐๐ ๐ข๐๐ฃ๐๐ฉ๐ ๐๐ฉ ๐ ๐ฉ๐๐ข๐.โ It becomes clearer to me every year that seeing my portfolio hit a certain number doesnโt bring me nearly as much joy as spending money on experiences. Investing itself is a formโฆ
Cash flow is a fancy term for money that goes in & out of your bank account. A lack of cash flow means you need to find a way to get more money to flow into your bank account. ๐ฃ๐๐๐ฐ๐ต๐ผ๐น๐ผ๐ด๐โฆ
I know, that’s not a really popular topic for investors & traders. But living within your means is not a ‘nice goal’ to have – it is a must. Here is why: 1๏ธโฃ Those that don’t are in serious troubleโฆ
Quick question: Would it be easier for you to save 20%ย of your monthly income, or to live on 80% of your monthly income? In case you answered, “Save 20%,”ย ย you are just average (sorry for being so blunt) and might beโฆ
My apologies, in case I puzzled you, but we do love our acronyms here in Singapore. I have mentioned the PFCย previously under the “Framing Bias” but to expound further, the PFC is your Prefrontal Cortex; a brain region that liesโฆ
THE GOOD LIFE IS ANYWHERE We tell ourselves that we need the right setup before we finally buckle down and get serious. We tell ourselves that we need this and that at work, a more supportive boss, more autonomy, moreโฆ