#207. Dad, what is the “ten second” rule?By / DAD: Any time you are about to spend money, count to ten slowly and consider how this purchase may impact your life.
#15. Dad, do you think that it is important to maintain an image, even if you cannot afford to do so? BLOG, Debt, Minimalism, Money / By Be authentic! Maintaining an image that your income cannot support goes against being authentic. You cannot pay your bills based […]
#58. Dad, how do most adults rate their financial literacy skills? Debt, Financial Freedom, Life Advice, Money / By More than 60% of adults rate their financial knowledge as “fair” or “poor”.
#13. Dad, what is lifestyle inflation? BLOG, Credit Card, Debt, Financial Freedom, Money / By Lifestyle inflation is when you keep increasing your lifestyle as your income grows. That is why so many wealthy people […]
#150. Dad, what is passive income? Financial Freedom, Minimalism, Time / By Passive income is income you earn while you are doing something else.
#291. Dad, does your car or house determine how wealthy you are? Debt, Happiness, Humble, Purpose / By What you drive and where you live has absolutely nothing to do with your wealth.
#50. Dad, how do I save for short-term goals? Debt, Financial Freedom, Habits, Spending / By Pick a goal. Create a separate account to save for the goal. Start saving for that goal.