Wise & Wealthy: Owning a house and journaling to change your life

Welcome to Wise & Wealthy: A weekly newsletter full of proven ideas to become smarter and wealthier. I send this every Monday.

#119 – April 8, 2024

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Wise: Changing your life with journaling

The habit of journaling may seem small and insignificant. “How can writing personal notes in my journal every day do anything for me?” You might ask.

I understand the skepticism. But journaling truly can change your life. That’s because the process of writing helps us make better sense of our thoughts.

I usually start my day by answering one of these 4 simple questions:

  • What am I grateful for today?
  • What am I looking forward to today?
  • What is the one thing I need to accomplish today?
  • How was my sleep and what can I do to improve?

These questions have made me more self-aware over the years. Journaling about them helps me avoid doing things I don’t need or don’t want. And I’m more focused on pursuing goals that will actually make me feel fulfilled and satisfied.

I talk about three other techniques for effective journaling in my latest article.

↳ The Habit That Will Change Your Life: Journaling

Wealthy: Owning a house

The dream of owning a house is ingrained in many of us from an early age. We’re often told that buying a home is a fail-safe way to build wealth.

But does owning your own home truly make you a property investor?

Here’s my take: There’s an important difference between owning a house and being a property investor. And it’s all about your priorities.

The primary function of owning your home isn’t to generate income — it’s to provide shelter. The money you make from it will likely come only once; when you sell.

So consider your main priority: Are you aiming to buy a house to have your shelter? Or is it for income generation?

More on this in my other new article.

↳ Does Owning a House Mean You’re a Property Investor?

One interesting thing

Here’s an interesting quote from Harry Browne, author How I Found Freedom in an Unfree World:

“When someone accuses you of being selfish, just remember that he’s upset only because you aren’t doing what he selfishly wants you to do.”

Sacrificing ourselves, whether that’s taking a job you hate to financially support your family, staying close to home so your parents won’t miss you, or not breaking a relationship in fear of hurting your partner’s feelings, etc., doesn’t make you a good person.

Thanks for reading! I hope you found this edition of Wise & Wealthy useful.

All the best,


Join the 5-day Financial Freedom Challenge

I created a 5-day email course you can do alone or together with a group. It’s called the Financial Freedom Challenge. And it will help you to gain control over your finances.

Most people try to calculate their way out of poor finances. But money problems aren’t rational. They’re emotional. Manage your emotions well, and you’ll manage your finances better.

Financial Freedom Challenge

How to Unlock the Financial Freedom Challenge

You can join the challenge for free. For five days, you’ll receive a short email with a small challenge that inspires you to improve your relationship with money.

I highly recommend sharing it with your friends/family so you can go through the program together. It helps bring perspective. And it’s more fun that way too.

Join here for free: dariusforoux.com/financial-freedom

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