Who is right about your money?

Traditional Economists or Self-help authors? So the question is whether popular finance books give the same valuable advice as academic economists. Economist & Finance professor James J. Choi was so interested in this question that he surveyed the 50 most…

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This hinders your happiness

This one was a big problem for me in the past … That tiny graph shows that no matter where our current salary is 𝗲𝘃𝗲𝗿𝘆𝗯𝗼𝗱𝘆 𝘄𝗮𝗻𝘁𝘀 𝗮 𝘁𝗶𝗻𝘆 𝗯𝗶𝘁 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝘁𝗵𝗲𝘆 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗳𝗲𝗲𝗹 𝗵𝗮𝗽𝗽𝘆/𝗹𝗲𝘀𝘀 𝘀𝘁𝗿𝗲𝘀𝘀𝗲𝗱. We don’t realize…

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What if you run out of life?

What if you run out of life?

𝐈 𝐚𝐦 𝐜𝐮𝐫𝐢𝐨𝐮𝐬, 𝐰𝐡𝐚𝐭 𝐰𝐨𝐮𝐥𝐝 𝐛𝐞 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐢𝐧𝐠 & 𝐮𝐬𝐞𝐟𝐮𝐥 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐲𝐨𝐧𝐞 𝐜𝐨𝐮𝐥𝐝 𝐠𝐞𝐭 𝐭𝐡𝐞𝐢𝐫 𝐡𝐚𝐧𝐝𝐬 𝐨𝐧? Thought about it? Thought about it a bit more? For me, it would be 𝐤𝐧𝐨𝐰𝐢𝐧𝐠 𝐡𝐨𝐰 𝐦𝐮𝐜𝐡 𝐭𝐢𝐦𝐞 𝐈 𝐡𝐚𝐯𝐞 𝐥𝐞𝐟𝐭. It’s…

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Sleep well at night

What do you do with your money?

Any investment or personal finance strategy that keeps you up at night is a terrible strategy. Instead, optimize your personal finances to make your life better, not worse. It’s as easy as 1-2-3: 1️⃣ Aim for reasonable, not perfection. 2️⃣…

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

Avoid financial bullshit

𝗧𝗵𝗲𝗿𝗲 𝗮𝗿𝗲 𝗽𝗲𝗼𝗽𝗹𝗲 𝗼𝘂𝘁 𝘁𝗵𝗲𝗿𝗲 𝘄𝗵𝗼 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗯𝗲 𝗿𝗶𝗰𝗵 – 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝗿𝗶𝘀𝗸, 𝘁𝗵𝗲 𝘀𝗮𝗰𝗿𝗶𝗳𝗶𝗰𝗲, 𝗼𝗿 𝘁𝗵𝗲 𝗱𝗲𝗹𝗮𝘆𝗲𝗱 𝗴𝗿𝗮𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗻𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝘁𝗼 𝗮𝗰𝗰𝘂𝗺𝘂𝗹𝗮𝘁𝗲 𝘀𝘂𝗰𝗵 𝘄𝗲𝗮𝗹𝘁𝗵.

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