When you have money, you don’t have to spend it

Bias: Slow down and think. Don't trust your intuitions.

๐—–๐—ผ๐˜‚๐—น๐—ฑ ๐—ถ๐˜ ๐—ฏ๐—ฒ ๐˜๐—ต๐—ฎ๐˜ ๐˜๐—ต๐—ฒ ๐—น๐—ผ๐—ป๐—ด๐—ฒ๐—ฟ ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐—ต๐—ผ๐—น๐—ฑ ๐—ผ๐—ป๐˜๐—ผ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—บ๐—ผ๐—ป๐—ฒ๐˜†, ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ผ๐˜‚๐˜๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ? โŒ The truth is, when you use money, you lose it โ€” forever.โœ” When you keep money, you keep it โ€”โ€ฆ

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Time is Money vs Money is time

Money is time

๐—ช๐—ต๐—ถ๐—ฐ๐—ต ๐—ผ๐—ป๐—ฒ ๐—ถ๐˜€ ๐—ถ๐˜ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚?Not decided yet? Think about the real reason many people spend their time striving to earn more money. … ๐Ÿค” โ€ฆ ๐Ÿค” Could it be that they want to trade it for more time, notโ€ฆ

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What you do against inflation matters

Inflation matters

I am curious, what do you do to beat inflation? It is almost impossible to โ€œout-saveโ€ the inflation rate. One can only โ€œout-investโ€ the inflation rate. Savings are risky in the long term โ€“ guaranteed. Because inflation is the giftโ€ฆ

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Your Ability to Spot Financial Bullshit Predicts your Financial Well-being

Avoid financial bullshit

๐—ง๐—ต๐—ฒ๐—ฟ๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜„๐—ต๐—ผ ๐˜„๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ฏ๐—ฒ ๐—ฟ๐—ถ๐—ฐ๐—ต – ๐˜„๐—ถ๐˜๐—ต๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ถ๐˜€๐—ธ, ๐˜๐—ต๐—ฒ ๐˜€๐—ฎ๐—ฐ๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฒ, ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐—น๐—ฎ๐˜†๐—ฒ๐—ฑ ๐—ด๐—ฟ๐—ฎ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ป๐—ฒ๐—ฐ๐—ฒ๐˜€๐˜€๐—ฎ๐—ฟ๐˜† ๐˜๐—ผ ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—บ๐˜‚๐—น๐—ฎ๐˜๐—ฒ ๐˜€๐˜‚๐—ฐ๐—ต ๐˜„๐—ฒ๐—ฎ๐—น๐˜๐—ต.

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Breathe and let be

Tough markets out there right now. How are you coping? The journey towards building wealth starts with the battle between your ears. ๐—ฆ๐˜๐—ผ๐—ฝ ๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐˜€๐—ผ ๐—บ๐˜‚๐—ฐ๐—ต ๐˜๐—ถ๐—บ๐—ฒ ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ต๐—ฒ๐—ฎ๐—ฑ! Instead, increase your exposure to humility during markets like these.โ€ฆ

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