Am I saving enough?
Quick question: Would it be easier for you to save 20% of your monthly income, or to live on 80% of your monthly income? In case you answered, “Save 20%,” you are just average (sorry for being so blunt) and might be…
Tag: Money
Have we reached peak oil demand yet?
Could it be that we have seen the peak in global oil demand back in 2019? I wouldn’t know. Due to COVID-19, experts are predicting that the oil demand peak might happen earlier than previously thought. BP says it could…
12 Reasons why Money isn’t a great Motivator for your work
Earning the money we need to live is presumably the main reason we work at all. But does money motivate us to continuously perform our best work? Let’s take a peek at what science and research have to say about…
Extreme Discounting
It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them. Do you happen to have set the resolution to…
Is it money that motivates you?
Are you motivated to work and to invest? By what exactly? Some say, “One single motivation model does not fit all, because everyone is different.“ I say, “Everyone is NOT different. At our core, we are wired the same way.…
Does Indecision Bias spoil it for you too?
I had a sobering meeting with a former colleague from work. We had not met for years. But I vividly remember him making a commitment at the end of our previous coffee chat in 2016 or was it 2017 that…
Why do you try to avoid pain so often?
Do you use Alipay, payWave, Apple Pay, Google Pay, Samsung Pay or boring NETS or even Credit Cards to part with your money? Then for you making payments might hurt less than it should. The pain of paying may be the…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
Use your money to buy happiness
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
Survivorship Bias
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…
Have we reached peak oil demand yet?
Could it be that we have seen the peak in global oil demand back in 2019? I wouldn’t know. Due to COVID-19, experts are predicting that the oil demand peak might happen earlier than previously thought. BP says it could…
12 Reasons why Money isn’t a great Motivator for your work
Earning the money we need to live is presumably the main reason we work at all. But does money motivate us to continuously perform our best work? Let’s take a peek at what science and research have to say about…
Extreme Discounting
It’s the time of the year again where we start out with a bag full of New Year’s Resolutions and than slowly … one by one … fail to execute them. Do you happen to have set the resolution to…
Is it money that motivates you?
Are you motivated to work and to invest? By what exactly? Some say, “One single motivation model does not fit all, because everyone is different.“ I say, “Everyone is NOT different. At our core, we are wired the same way.…
Does Indecision Bias spoil it for you too?
I had a sobering meeting with a former colleague from work. We had not met for years. But I vividly remember him making a commitment at the end of our previous coffee chat in 2016 or was it 2017 that…
Why do you try to avoid pain so often?
Do you use Alipay, payWave, Apple Pay, Google Pay, Samsung Pay or boring NETS or even Credit Cards to part with your money? Then for you making payments might hurt less than it should. The pain of paying may be the…
The 3 numbers that can – no – will make a real difference in your life
Number 1: The age you start saving The younger you are the larger your crucial asset. That asset is called time. And I bet you have more of it left than me. I certainly do have more Christmas days behind…
Use your money to buy happiness
The younger you are, the more likely you are to believe that more money is the key to happiness. This is why, in my experience, many confident 20-year-old college boy wants to go into investment banking. And it’s why we…
Survivorship Bias
Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active…