Investment Related - Deepstash
Getting started with Cryptocurrency

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Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

Getting started with Cryptocurrency

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Investment Related

Investment Related

  • Have a six month emergency fund and save 10% of your salary.
  • The ability to stick around for a long time, without wiping or being forced to give up is what makes the biggest difference.
  • Your success as an investor will be determined by how you respond to punctuated moments of terror, not the years spent on cruise control.
  • Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you.
  • Planning is important, but the most important part of every plan is to plan on the plan not going according to plan. 

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BEHAVIOUR

BEHAVIOUR

  • Doing well with money has a little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to really smart people.
  • Every decision people make with money is justified by taking the information they have at the moment and pugging it into t...

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Paradox

Paradox

People tend to want wealth to signal to others that they should be liked and admired. But in reality those other people often bypass admiring you, not because they don't think wealth is admirable, but because they use your wealth as a benchmark for their own desire to be liked and admired.

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Allocating expenses

The most common buckets are:

  • Expenses, or your needs: housing, food, transportation, clothing, insurance, childcare,  etc.
  • Debt - monthly debt obligations: personal loan, student loan, auto loan, and credit card payments etc.
  • Savings, including fund...

Benchmarks Can Raise Stress

Financial experts often use general benchmarks to set standards for financial wellness, such as an emergency savings fund covering three to six months of expenses, or the amount needed for retirement.

But if you are feeling financial stress, these targets can feel intimidating. Overly ...

Evaluating necessity 

One very important reason, if not the most important of them all, when choosing to use your emergency fund, is the situation of necessity

Of course, if you have to, you should do it. However, you might want to pay attention to what necessity really means: if you can as well do w...

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