Now, that is a no-brainer! Others might even call this a “know-brainer”. Still, I know from personal experience that this principle is not easy to apply; nevertheless, it is worth your utmost attention as it is the key to growing your savings. People are always talking about character,…
1) They say no to smaller expenses which can add up to big savings. For example, replace an expensive dinner in a fancy restaurant with a potluck dinner with friends, or meet up with friends for a walk in the park instead…
Happy Money – The Science of Smarter Spending by Elizabeth Dunn & Michael Norton If you think money can’t buy happiness, you’re not spending it right. Two rising stars in behavioral science explain how money can buy happiness if you…
… is not really a secret at all. Nevertheless, still not enough of us are doing the obvious: Investing in an asset class that has the highest chance of beating the inflation rate. Inflation is the opposite of a gift that…
I am a huge fan of the exponential function. It is simply magic. This ninth world wonder—as Albert Einstein (or some other clever person) called it—can make everyone a millionaire with merely saving 1$ a day. That’s a bold statement that…