Lawyers are stereotyped as high-earning, yet many don’t become wealthy. Part of the reason for this is golden handcuffs. Lawyers think they have to spend to look a certain way and they get used to the perks of a high salary. The gold is very attractive but remember – they’re still handcuffs. Don’t get caught up in the lifestyle and ruin your life.
Read this if you’re down in the dumps and want to believe it’s not the end of the world. But feel free to ignore if a happy ending story is going to piss you off. I know I went through both stages. At the end...
My parents are immigrants so thrift is deeply ingrained in me. Pinching pennies in my 20s and living a zero waste, one-meal-a-day lifestyle means that I really don’t check prices on things anymore – my lifestyle is cheap. The retirement calculators tell me I’m doing...
Personal finance books and articles are always my source for post ideas. Mostly it’s because I disagree, with their advice. Consider the following tweet: What counts as an emergency? According to Vanguard, an emergency fund is a stash of money set aside to cover the...
Every renter I know has been scolded for “throwing money away” by not buying a house. But is buying a house still good advice? We know that houses bought in the 1980s and held until now amassed a tremendous amount of wealth for the owners....
I am always confused when people equate having money with having all one’s problems solved. Yes, money can solve a number of problems. But if money solved all problems, then we would have solved all our problems after our first or second raises. Instead, most...
Everyone seems to be fasting these days – just on the internet, not in my real life. My real-life friends think this is weird. So here internet, this is my contribution – my three-day fast experience, what I learned. My History of Fasting After reading...
The internet is a strange and fascinating place. There is a wealth of information, but not all of it good. Lots of people write content just to sell you stuff. And others are just idiots. Even good-hearted people trying to impart knowledge can only speak...
I learned long ago that I’m not an organized person. My hands seem to play tricks on my brain and I can never remember where I put things. But I have figured an easy hack to keep myself from sorting through heaps and piles of...
You can’t write about personal finance without addressing the so-called “latte factor.” A personal finance writer named David Bach coined the term “the latte factor” for the idea that you could build up wealth by redirecting your small expenditures into savings. Quit your lattes and...
The science is in and you will obtain more happiness by buying experiences over stuff! But, I just don’t buy it (pun intended). I say, buy stuff, not experiences! Ok, maybe I’m not going that far. I will, however, admit that I’m guilty of a love for...