๐‘พ๐’‰๐’‚๐’• ๐’Š๐’” ๐’š๐’๐’–๐’“ ๐‘ต๐’†๐’• ๐‘พ๐’๐’“๐’•๐’‰ ๐’“๐’Š๐’ˆ๐’‰๐’• ๐’๐’๐’˜?

More Rational Thinking

๐‘ซ๐’ ๐’š๐’๐’– ๐’Œ๐’๐’๐’˜ ๐’•๐’‰๐’† ๐’†๐’™๐’‚๐’„๐’• ๐’‚๐’Ž๐’๐’–๐’๐’•? 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? Iโ€ฆ

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It’s all about your Cash Flow

Cash Flow could be the most important term in the world of money, yet it is often the least understood.

Cash flow is a fancy term for money that goes in & out of your bank account. A lack of cash flow means you need to find a way to get more money to flow into your bank account. ๐—ฃ๐˜€๐˜†๐—ฐ๐—ต๐—ผ๐—น๐—ผ๐—ด๐˜†โ€ฆ

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Sleep well at night

What is wealth to you?

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. Itโ€™s as easy as 1-2-3: 1๏ธโƒฃ Aim for reasonable, not perfection. 2๏ธโƒฃโ€ฆ

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Index Funds donโ€™t have an ego

Money? I heard money?

๐—ฃ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜€๐—ฒ ๐Ÿญ: ๐—œ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—ถ๐—ป๐—ด ๐—ถ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐—น๐—ผ๐—ป๐—ด ๐˜๐—ฒ๐—ฟ๐—บ.๐—ฃ๐—ฟ๐—ฒ๐—บ๐—ถ๐˜€๐—ฒ ๐Ÿฎ: ๐—ฆ๐˜‚๐—ฟ๐˜ƒ๐—ถ๐˜ƒ๐—ฎ๐—น ๐—ถ๐˜€ ๐—ฎ๐—ป ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฟ๐—ฟ๐—ฎ๐˜๐—ฒ๐—ฑ ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜† ๐—ณ๐—ผ๐—ฟ ๐˜€๐˜‚๐—ฐ๐—ฐ๐—ฒ๐˜€๐˜€. The good news about the recent market turmoils is that Index Funds donโ€™t have an ego. โœ” They wonโ€™t commit fraud against you orโ€ฆ

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From dumb money to smart money in two moves

๐—ง๐—ต๐—ฒ ๐—บ๐—ผ๐˜€๐˜ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜ ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป๐˜€ ๐—ถ๐—ป ๐—น๐—ถ๐—ณ๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ผ๐˜‚๐—ป๐—ฑ๐—ฒ๐—ฑ ๐—ฒ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐˜€ ๐—ผ๐—ณ ๐—ผ๐˜‚๐—ฟ ๐—ถ๐—ป๐˜ƒ๐—ฒ๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐˜๐—ถ๐—บ๐—ฒ, ๐˜„๐—ต๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐—ถ๐—ป ๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ฎ๐—ฟ๐—ฒ๐—ฒ๐—ฟ๐˜€, ๐—ต๐—ผ๐—ฏ๐—ฏ๐—ถ๐—ฒ๐˜€, ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€๐—ต๐—ถ๐—ฝ๐˜€, ๐—ผ๐—ฟ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ๐˜€.ย  Isn’t one of our motivators to work the money we get for itโ“Then let’s also haveโ€ฆ

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Panic – It’s not a helpful emotion

Panic is not a helpful emotion

Especially not when making investment decisions. Uptrends are slow and methodical.ย Gains donโ€™t come in big chunks but rather a stairstep process.ย  Uptrends almost lull us investors to sleep because there isnโ€™t much going on in terms of volatility. Downtrends, onโ€ฆ

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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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