Learn more about moneyandinvestments with this collection
How to break bad habits
How habits are formed
The importance of consistency
How We Use Money
There is a natural tendency to spend the money we earn, instead of saving or investing. If we watch how rich people utilize wealth, we can learn a lot from them and change our financial mindset.
One has to invest money no matter how less the income is, choosing something that is secure and gives decent returns, like an index fund.
277
4.52K reads
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Learning Is Like Building Wealth
The more we learn, the more we can apply that to create value for other people. The more value we create for others, the more we would earn.
Like knowledge, one has to be generous with money, trying not to cling to it. Even if we lose some money in some ge...
177
648 reads
Trust Your Financial Habits
We need to adopt healthy financial habits, taking care of our money and trusting the process that builds wealth through saving and investment.
Keep content with your current life and enjoy what you can, while saving big. As you grow into your thirties and forties, save and invest as much ...
163
646 reads
Don’t Obsess Over Your Retirement
Don’t be scared of what will happen to you when you retire. If you have followed the basic principles of saving, investing and learning(self-improvement), you will do fine.
Have a year’s worth of financial buffer and work on your skills to keep improving and seeing more mo...
156
700 reads
Money Is Freedom
Remember that money is freedom.
Whenever we buy something, we are giving up our time and freedom, because if we save that amount, and become extremely rich, we would have a lot more freedom to do whatever we want.
185
1.01K reads
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Stoic Path To Wealth: Grow Money
Stoic investors make smart, balanced bets. Most of us invest in secure funds with low returns. Investors looking at bigger returns opt for index funds. If you are okay with losing money, that does not mean that you should.
The 90/10 investing thumb rule states that we should put 90 percent...
Saving Money May Be Worthless
The mere act of saving money by itself does not make one rich, or wealthy. Saving is not the magic sauce of retiring early and enjoying life to the fullest.
Wealth comes from investing. It is a direct effect of what we do with the money we save. Saving may well...
Four Steps To Building Wealth
- Don’t Be a Consumerist: keep your expenses as low as possible without sacrificing the quality of life. Spend money on things that yield lasting benefits.
- Have An Emergency Fund: this gives you freedom and peace of mind to deal with issues without having to upset your lo...
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