#90. Dad, what is ingratitude?
Ingratitude is when money only flows inward and never outward.
Month: March 2019
#89. Dad, do you have advice about getting out of debt?
Just get started.
#88. Dad, can you give me advice on getting my shit together?
I suggest you don’t spend too much time on things that don’t matter and spend it with people that do.
#87. Dad, what is a financially mature adult?
Somebody who has insight into the possible consequences of money decisions and the impact on their family and long term financial freedom.
#86. Dad, do I have to spend a lot of money to be content?
You don’t need to get out of the city to feel calm. You don’t need a gym membership to push your body and you don’t […]
#85. Dad, what are the main financial challenges facing Millennials?
Most Millennials are weighed down by student debt, the high cost of housing and bleak career prospects.
#84. Dad, what are the 3 steps to get out of debt?
Assess the damage. Understand the root cause. Change your habits.
#83. Dad, is money bad?
Money is not good or bad. It is merely a vessel that allows us to live our lives according to our values.
#82. Dad, does having more stuff make me happier?
Material items do not always equal happiness. Sometimes they just add more stress and debt.
#81. Dad, what about spending money?
Being good with money does not mean you don’t spend it. And not spending does not make you good with money.
#80. Dad, what is the happiness fund?
Treat yourself if it brings you happiness. Enjoy your money with moderation. Balance is the key.
#79. Dad, when making decisions, should I always factor in money?
Money should not be the driving factor in every decision you make. If it is, you will feel constantly stuck.
#78. Dad, what do I do when I find myself directionless?
When in doubt choose flexibility. Visualize where you want to go and seed your life with the opportunity for change.
#77. Dad, tell me about work.
Avoid busy work. Enjoy focused work instead.
#76. Dad, should I start to invest?
Start by investing in your personal development and become an expert in one thing.
#75. Dad, is it OK to feel discomfort in a relationship?
Discomfort is not the problem. Getting comfortable with perfection in a relationship is the problem
#74. Dad, how do I get through all my many tasks in a day?
It’s not about how much you do each day, but rather how you reduce the unessential very day. Less is more.
#73. Dad, what is progress?
Progress is about getting better every day. Success comes after that.
#72. Dad, what is minimalism?
Minimalism is less about the quantity of items you have and more about the quality of life you create.
#71. Dad, what do I do when I am in doubt?
Visualize where you want to go and seed your life with the opportunity for change.
#70. Dad, what is the principle of dangerous perfection?
If the only acceptable result is perfection, you’re setting yourself up for failure.
#69. Dad, does having a budget mean no fun and all work.
Definitely not. A budget is a plan, so you can enjoy your favourite things responsibly.
#68. Dad, what do I do when I have low money moments?
Stop comparing your low moments with everybody’s highlight reel.
#67. Dad, tell me how to save money?
Get rid of the “how to” and just do it.
#66. Dad, what do you expect to achieve each day?
Each day I plan to live a little better, love a little bigger and breathe a little easier.
#65. Dad, is the goal to reduce debt?
Debt is not a goal. Debt is what is standing in the way.
#64. Dad, what is the external comparison trap?
Comparison makes us feel as if life is a race. The only conceivable benefit to comparison is inspiration.
#63. Dad, how much is enough?
If you have a safe place to sleep, reasonable health and food in the fridge, you probably have enough.
#62. Dad, why should I not keep up with the Joneses?
If you are emulating what someone else does or has, you aren’t taking your own values and goals into account.
#61. Dad, why do most parents spend so much money on lavish birthdays for their kids?
Many people forget that birthday celebrations are about people and moments rather than gifts and stuff.
#60. Dad, what percentage of items would you replace if you lost everything in a fire?
Definitely less than 100%. We all have way too much stuff.