“There’s no point in saving for the future because we’re going to have war, revolution, and it’s all going to come to a violent end.” I’ve also heard that young people aren’t saving for retirement either (because “there is no…
Because I have a 100% success rate with my previous stock market forecasts & because it’s kind of a tradition here we go again. But first, let’s ponder on this: I’ve long believed that forecasts can be valuable even when…
𝗧𝗵𝗲 𝘀𝘁𝘂𝗳𝗳 𝗺𝗼𝘀𝘁 𝗽𝗲𝗼𝗽𝗹𝗲 𝗰𝗮𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 — 𝗺𝗼𝗻𝗲𝘆, 𝗰𝗮𝗿𝗲𝗲𝗿𝘀, 𝗳𝗮𝗺𝗲, 𝗳𝗼𝗿𝘁𝘂𝗻𝗲, 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗽𝗼𝘀𝘀𝗲𝘀𝘀𝗶𝗼𝗻𝘀, 𝗲𝘁𝗰. — 𝗵𝗮𝘀 𝗹𝗶𝘁𝘁𝗹𝗲 𝘁𝗼 𝗻𝗼 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗼𝘂𝗿 𝗵𝗮𝗽𝗽𝗶𝗻𝗲𝘀𝘀. “Good relationships are significant enough that if we had to take all eighty-four years of the Harvard…
Most people believe that the antidote to financial stress is more money. But it’s not. A stress-free financial life is a function of how you structure your financial affairs, your attitudes toward money & how you use it. Society has…
If your answer is “𝑁𝑜𝑡ℎ𝑖𝑛𝑔, 𝑟𝑒𝑎𝑙𝑙𝑦.”Okay, so why try so hard to earn lots more money? If your answer is “𝐼 𝑠𝑝𝑒𝑛𝑑 𝑖𝑡.”Okay, so once you make money, hanging on to money is just as hard as making it. You…
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…
Managing Money is easy.Managing Wealth isn’t. We quantify what’s easily countable, not what matters most. Wealth isn’t as easily defined. But it’s quite impossible to manage something we haven’t defined for ourselves. 𝐈 𝐚𝐦 𝐜𝐮𝐫𝐢𝐨𝐮𝐬, 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐰𝐞𝐚𝐥𝐭𝐡 𝐭𝐨 𝐲𝐨𝐮?…
𝑫𝒐 𝒚𝒐𝒖 𝒌𝒏𝒐𝒘 𝒕𝒉𝒆 𝒆𝒙𝒂𝒄𝒕 𝒂𝒎𝒐𝒖𝒏𝒕? To accumulate more money is presumably the main reason we spend most of our days working. But do we keep track of how much we have? Do we know how much is enough? I…