Ideas from books, articles & podcasts.
The more credit cards you have, the more chances you have for identity theft and the more chances you have to miss a payment. The more investment accounts you have, the less attention you can give to each one and the more likely it is that you’ll miss a big problem.
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Rent unless your total monthly cost of home ownership is lower than renting.
It’s easy to get sold on the home ownership dream, but if it’s going to jack up your bills, it’s probably not a wise move.
...take care of your current situation.
Your future self might have more income, but it’s also fairly likely that your future self might have less income and you’ll find yourself in a really bad situation.
Even if your future self is doing well, there are probably going to be other b...
Whenever you’re tempted to splurge on something cheap, simply hold it in your hand for 10 seconds and ask yourself honestly whether you need it or not. Actively try to think of reasons why you shouldn’t buy this item. Will you really get enough value out of it to make it worth the co...
For more expensive items simply choose to wait 30 days after your first serious impulse before buying the expensive item, provided that it’s not an essential or emergency need.
Use that time to do a little research and make sure you actually want or will use the item, and also give i...
The most valuable part of budgeting is actually the process of building a budget correctly.
You build a budget based on looking at your actual spending over the previous few months. Get real numbers, not estimates. Dig through your bank statements and credit card statements and fi...
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Having a high salary does not automatically make you rich; having a low salary does not automatically make you poor.
Your net worth is more important than how much money you make. It’s amazing how many people don’t realize this simple truth. All that matters is how much you save out of you...
Personal finance is about managing your own money - how much you spend, save, get into debt, and invest.
How you manage your money will depend on your age, education, ambition, family, and country of residence. While this guide will give you enough input to work out a stra...
published 8 ideas
You don't have to sacrifice all of your free time to start a side hustle, use the time you’re comfortable with and make a little bit of progress every day.
published 14 ideas
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