Articles - Page 41 of 172

Freedom, Personal Finance, Wealth Building

5 Unusual Ways to Be More Financially Stable This Year

January 1, 2024 No Comments

5 Unusual Ways to be Financially Stable copy

For ordinary folks like you and me, becoming financially stable can be summed up in a few words: Spend less, earn more. When you save and invest consistently, you gradually build up your wealth until you reach the point where you have a comfortable nest egg. And you don’t have to work anymore.

“But it’s so hard to save a good chunk of your income!”

That’s true. If it were super easy to save and invest, more people would be financially stable right now. Instead, most Americans can’t even afford to pay for a $1,000 emergency. Because most folks don’t have a good emergency fund.¹

Investing, Personal Finance, Thinking, Wealth Building

4 Timeless Investing Principles That Never Change

December 25, 2023 No Comments

After years of investing, there have been several investing principles I learned regarding the stock market. One of them is this: Good investing is not about understanding the numbers; it’s about understanding human behavior.

Human behavior is driven by emotions. Which is why the economy and markets are not predictable. As I’m writing this in December 2023, we’re still waiting for a recession that many pundits have been predicting for two years.

Happiness, Personal Finance, Wealth Building

How to Enjoy the Holidays Without Budgeting

December 18, 2023 No Comments

Budgeting is the top advice you’ll often see when you Google, “how to avoid overspending on holidays.” After all, it’s hard to survive the holidays without budgeting.

Now, if your finances are so tight you can’t even afford to eat or pay rent in a few weeks; then overspending on the holidays is the least of your problems. In those cases, it’s natural to have a temporary budget.

Keyword: Temporary. Because budgeting in the long term won’t make you financially free.

Freedom, Happiness, Mindfulness

Stop Craving Pleasant Experiences

December 18, 2023 No Comments

Living life to the fullest means being able to embrace both the good and the bad. It’s not just about chasing after pleasant experiences. Otherwise, we become trapped in always avoiding anything unpleasant.

This can lead to an unfulfilling, unsatisfying life. We end up having a hard time finding true contentment.

The key is to learn how to detach from certain feelings. Not all feelings! We’re humans and emotions give depth to our lives.

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