Learn more about moneyandinvestments with this collection
The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
Figuring Out How Much You Need to Save
If you want to buy anything, you first need to know how much it’ll cost. Most stuff will have a fixed price, but some things may fluctuate in price. If that’s the case, figure out a ballpark range for whatever it is you’re trying to buy.
At best, you’ll have exactly what you need when the time comes. At worst, you’ll come up a little bit short, which still makes your purchase easier.
81
303 reads
MORE IDEAS ON THIS
Automate Your Savings
Once you set up your savings goals, chances are, you won’t even notice the money getting pulled from your checking account on a weekly or monthly basis.
You just need to do the hard part of setting up your automated savings.
To do this, you'll want to use an app or bank accou...
84
317 reads
"Having to spend money all at once can be painful. But paying yourself, little by little, helps to ease that"
KEVIN HA
78
370 reads
Figure Out How Long You Have to Save
The best way to think about this step is to figure out when you’ll need to make your purchase, then divide that time period into months or weeks.
For example: If you tend to spend about $1,000 on a new phone every two years. If you do the m...
82
257 reads
Buy Whatever You Want
After completing the above three steps, the day will come when you can buy the thing you want, completely guilt-free!
There’s another added advantage with saving for the things you want to buy. Sometimes, you’ll find that the thing you thought you wanted so badly isn’t some...
79
268 reads
The Key Principle
The key is to save small amounts over relatively long periods of time so that you can then buy the things you want without any guilt or worry.
Computers and phones, for example, are two staple items that most of us tend to buy regularly. That means we can ...
92
453 reads
CURATED FROM
CURATED BY
Generalist. Great minds discuss ideas, average minds discuss events, small minds discuss people.
Related collections
More like this
Figure Out How Long You Have to Save
The best way to think about this step is to figure out when you’ll need to make your purchase, then divide that time period into months or weeks.
For example: If you tend to spend about $1,000 on a new phone every two years. If you do the m...
Be On Time !!!
Always add 25% to your time estimate to get anywhere or do any task. If you think it takes 30 minutes to get to work, give yourself 40 (technically, 37 1/2, but let’s not be ridiculous here!). If you need 12 working hours to finish a proposal, give yourself 15. The worst thing that could happen i...
9 Ways To Building Wealth Fast
- Save on vehicles. Before buying a car, investigate vehicle reliability, pricing and financing.
- Rent. Most rentals offer more flexibility in case you need to move. Also, not having the mortgage payment allows you to start saving earlier.
- Don’t be a consumerist...
Explore the World’s
Best Ideas
200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.
An Idea for Everything
Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.
Knowledge Library
Powerful Saving & Organizational Tools
Save ideas for later reading, for personalized stashes, or for remembering it later.
Start
31 ideas
Start
44 ideas
# Personal Growth
Take Your Ideas
Anywhere
Organize your ideas & listen on the go. And with Pro, there are no limits.
Listen on the go
Just press play and we take care of the words.
Never worry about spotty connections
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
Get Organized with Stashes
Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.
Start
47 ideas
Start
75 ideas
My Stashes
Join
2 Million Stashers
4.8
5,740 Reviews
App Store
4.7
72,690 Reviews
Google Play
samz905
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
“
Shankul Varada
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
“
Ashley Anthony
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
“
Sean Green
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
“
Ghazala Begum
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
“
Giovanna Scalzone
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
“
Laetitia Berton
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
“
Jamyson Haug
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates