Philosophy, Product Management, Jack-of-all-trades
Do you struggle with money management? Do you want to get your finances in order in 2021? These 7 ideas are proven concepts for those who value improving their financial situation. Your mileage may vary, of course, depending on your own value system but rest assured these are based on solid concepts in personal finance. … Read more
The number one obstacle to financial freedom is not knowing your own balance sheet. Yes, I’m talking about creating a budget. Only one in three Americans create a detailed budget. This means tallying up all your income sources and all of your expenses. Yes, every last cent you spend. Without doing this, how would … Read more
You’ve probably heard about index funds and perhaps heard of Vanguard index funds but I am going to explain exactly why I love Vanguard as a company. More people are becoming educated as to the virtues of index funds. They are extremely low cost to operate. Which means that for every $1 that you … Read more
Investors have been asking themselves, “Should I be investing right now?” since investing in the stock market was a thing. There are fundamentally two schools of thought on this question: It depends on how well you understand the stock market conditions Since you can’t predict the market, you should always assume it’s a good … Read more
There are essentially two schools of thought when it comes to budgeting methods: Budgeting vs Forecasting. The forecasting method is exemplified by software such as Mint, whereas budgeting, in the sense I will discuss it in this post, is exemplified by the software YNAB (You Need a Budget). Forecasting as a Budgeting Method When you … Read more
Dave Ramsey is arguably one of the most controversial figures in personal finance today. Most people either love him or hate him. But regardless of the controversy, Dave Ramsey’s principles of personal finance changed my life for the better and I can’t help but be grateful to the man despite how much I find him … Read more
Ahh, the age-old question: can money buy happiness? People have been thinking about this issue for thousands of years. For example, consider this quote from the ancient Greek philosopher Aristotle: “The life of money-making is one undertaken under compulsion, and wealth is evidently not the good we are seeking; for it is merely useful … Read more
Benjamin Franklin is famous for his quotes on money and personal finance. Franklin was known as “The First American” for his role in the foundation of America and his widely recognized contributions to politics, diplomacy, and American unity. A true polymath, he was an accomplished writer, printer, humorist, politician, diplomat, inventor, scientist, statesman, among … Read more
The smartest money folks know that succeeding with money has little to do with intelligence. It has to do with habits, emotions, and wisdom. In other words, financial success boils down to your money mindset, and not how well you understand complicated financial strategies. I have compiled 25 of the best money mindset quotes to help you … Read more
Principles are important because they give you a general rule that can be used to cut through all the complexity of everyday decision-making. By following principles you give yourself a framework for understanding the world and guiding your behavior that is less susceptible to the noise of a messy, fuzzy world. These 43 principles of … Read more