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Saving money is always the least of our concerns. We can’t avoid it though, we all need it for a rainy day. Sometimes we want to make a big purchase. Other times it’s an unexpected expense. With proper creative planning you can get to your goals sooner. Some people find it easier to save money…
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We’ve all been there, or maybe not. Thinking about retirement seems like a long stretch for some. If you’re young, thinking about the morbid reality of your final 10-20 years is the last thing you want to think of. The most common thought for retirement is the end of a career, at age 59½. Although…
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Have you ever heard of the Sunk Cost Fallacy? This psychological phenomenon is when you invest so much time or money, that you just refuse to abandon it or pull out. Even when you know that it’s better to abandon it. This applies to everything in your life, not just your investments. For example you…
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If you do what you love you’ll never work a day in your life. So if you don’t like your job, why do you spend so recklessly? This should make you want to save your money even more. This is why we shouldn’t let our liabilities control our lives. Think about it like this. You…
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What is Bitcoin? Some of you might know it from the craze back in 2020-2021. Others have known it since 2012. Cryptocurrency is definitely an asset, but what makes it so valuable? It’s not even real, or is it? When you own a Bitcoin there is no way to get an actual coin out of…
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One of the many great benefits of owning some shares in the stock market is exactly that. You become part owner of a company you believe in and in return you get treated like one. Although owning one share in for example $AAPL won’t give you rights into choosing what iPhone you make next, you…
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Investing early is one of the easiest ways you can grow your wealth. There is a saying that the best day to start investing is yesterday. As you can see, we can’t tell the future, and investing is one of those things that relies on time. This is why we explore options that align with…
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Now that you know how to budget, the next thing on your mind should be how to pay off debt. Of course now you have money saved for an emergency and have a nice plan for every dollar you make. If you have high interest debt it will continue eating away at your future earnings.…
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If you’re spending money, you have to know how much is readily available to you. Starting a budget is one of the simplest things you can do to keep track of all income and expenses. Even though it’s simple, doesn’t mean it’s easy. In simple terms it’s income -> expenses. It’s not so simple because…
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There are a few things in life that we cannot escape no matter how hard we try, one is death, second is taxes. For ever dollar you make you must pay your fair share to society. Even if you’re self employed uncle Sam will want his fair share of your business. There are many misconceptions…
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Money Ain't Sh*t 