4 min read
My grandfather is the most frugal person I know. He always lives on a budget. As long as I can remember, he’s had the same wardrobe. One of his cardigans even has a hole in it. But he refuses to throw it away.
My mother bought him a new cardigan years ago. But he left it unopened in the packaging. The damned vest has to fall apart first; otherwise the OG won’t throw it away.
“This one is perfectly fine,” is his motto. Literally nothing has changed in my grandfather’s house for decades. And he has no problem with it.
But here’s the thing: Penny pinching, budgeting, and frugal living will not make you rich. It only causes stress.
4 min read
For the longest time, I chased empty goals. Financial independence is one of those goals. An empty goal is something that doesn’t make you feel any different once you achieve it. Can you relate to that?
It’s like studying four years to get a degree and then think to yourself, “this is it? I thought I would feel different.” Nope. That truly is it.
“But what about all those long hours? The sacrifices? The debt? The struggle?”
We think that because we expend so much energy on achieving a goal, it must be worth it. And that it must change our lives. But let me tell you, the world will still be the same whether you have 10 degrees or none. It’s also the same for money.
4 min read
One of my readers recently asked: “I like the idea of building a career based on strengths and skills. What are good income-generating skills to acquire?”
That’s one of the best questions I’ve received. I often write about how Peter Drucker and many other business thinkers believe that you should generate more value in the market place.
And that the best way to generate value is by acquiring valuable skills. But what are skills that are actually valuable to organizations? In my experience, there are many skills that are useful.
But there are 7 skills that actually produce income because they instantly impact the bottom line of an organization. I only stick to skills that every professional can and should acquire. Here they are.